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Business For Sale

Technology: Software


IT Company-Database Design, Web/Mobile Application

Northeast Ohio, OH

Asking Price: Annual Revenue:
$450,000 $350,000

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.

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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.

Request More Information
Contact the Seller

RE: IT Company-Database Design, Web/Mobile Application Broker: Seller of Business Cordeva
Owner Financing is Available!
Seller will consider some financing

Quick Facts

Asking Price: $450,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $195,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
Listing Number: 71088294

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