Business for Sale Overview:
Financial Information:
Asking: Not Disclosed;
Gross: $1,428,000;
Cash Flow: $324,000.
Summary Description:
This Company consists of two separate companies that operate as one and prefer to be sold as one. The Company provides software, hardware and Internet solutions to small and mid-size companies in the mid-Atlantic area and nationally. The Company also offers web-based conferencing services and applications to companies across the nation. In 2007, the Company posted over $1.3 million in revenues and an adjusted EBITDA of over $347,000, a margin of 25%. The Company specializes in accounting, CRM, operational and other software solutions for CPA and accounting firms, legal firms, retail, and general businesses. The Company also offers Internet solutions such as web site design, graphic design, web site hosting, e-commerce solutions, search engine optimization and more. Additionally, the Company furnishes businesses with hardware solutions such as computers, printers, scanners, memory, networking equipment, managed services and more. The Company also provides computer business forms and tax forms, primarily to accounting firms and corporations. The Company is an authorized reseller and trainer for a family of software products, providing on-demand collaboration, online meeting, web conferencing and video conferencing applications.
General Information:
Facilities: The Company operates at a leased facility comprised of 1,200 square feet of office space with a state-of-the-art equipment room and 800 square feet of warehouse space.
Competition: The Company competes both locally and nationally in the following markets: CPA software market, web design/web solutions market, networking/managed services market, retail point-of-sale solutions market and the computer business/tax forms market. The Company also competes in the audio, video and web conferencing market.
Support/Training: The Principals are willing to remain with the new owners for a reasonable amount of time to ensure a smooth transition.
Reason Selling: The Company is for sale to allow the owners to transition to retirement.
Year Established: 1978.
Employees: 7.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The Company operates at a leased facility comprised of 1,200 square feet of office space with a state-of-the-art equipment room and 800 square feet of warehouse space.
Market Competition and Expansion:
The Company competes both locally and nationally in the following markets: CPA software market, web design/web solutions market, networking/managed services market, retail point-of-sale solutions market and the computer business/tax forms market. The Company also competes in the audio, video and web conferencing market.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.