Seller's Contact Information
- RE: Software Company Focused On Law Enforcement
- Contact: Mark Ilardi
Quick Facts
Asking Price: | $600,000 | |
Annual Revenue: | $858,114 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $138,048 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 28726891 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This company has been in business for over 14 years. Their software primarily focuses on offering municipalities and other law enforcement resources solutions for electronic citation/ticketing, Special Complaints/eSummons, Code Enforcement, Work Orders, and Inspections.
They have an offshore dedicated support team that interacts and supports their clients 7 days a week/ 24 hours a day. The business aims to help law enforcement and other government employees do their jobs more productively by developing and introducing innovative and efficient software and hardware products that can be used in the field.
This is a very nimble handheld ticketing device company that credits its success to the customization of its programs in all its verticals. The company also spends a third of the marketing dollars that its competitors do. It is gaining new market share by introducing a unique low subscription model for its products and services. Unlike fixed-price contracts, this improves margins and profitability in the long run and keeps the customer tied to the business for the long term.
Two partners own this business. They are motivated and are looking to retire. They are willing to support the new owners in transition for as long as they require.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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