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Business For Sale

IT Company-Database Design, Web/Mobile Application

Northeast Ohio, OH

Technology: Software

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$450,000
$350,000
Not Disclosed
$195,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
71088294
Owner Financing is Available!
Seller will consider some financing

Business Overview:

This northeast Ohio based IT company develops custom database systems and writes web and mobile applications. The company has five staff people and a stable of sub-contractors. Outside of company management which handles project management, business development and administrative duties, the staff includes a dedicated telemarketer, a front-end UI designer, and a back-end programmer fluent in most major programming languages. The firm’s clients include dozens of non-profits and private companies across northeast Ohio. Notable clients include a publicly traded manufacturer of heavy industrial steel products, a large manufacturer of retail consumer goods, and a publicly traded REIT. The company currently has 10 outstanding proposals issued totaling over $250,000 in revenue. There is also $75,000 in contracted, but not yet completed/invoiced revenue. This company is an ideal acquisition opportunity for any other IT company or entrepreneurial IT manager seeking a lifestyle business to acquire. Interested parties are required to have a minimum of $200,000 of liquid assets or a minimum net worth of $400,000 to receive further information.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Relocation

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.