Software Development Company

Not Disclosed, NY


Asking Price: Annual Revenue:
Not Disclosed $306,097

Technology: Software


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RE: Software Development Company Broker: David Hastie

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $306,097
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 729911983
Broker Reference #: 1257

Email or Print Listing

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Business Overview:

This company operates in the lucrative Business Analytics - Enterprise Software industry, which is expected to experience high revenue growth through 2026. The business is well-positioned to grow along with the industry thanks to its excellent reputation and quality products in the accounting software market.

This company was established in 1991 and immediately partnered with another business to build a DOS-based fixed asset system. Over the years, the owners were able to steadily grow the sales of their system and gradually improve the product. In 1994, they completed an upgrade to update their systems to support Windows. 2005, a new version of the software was completely rewritten and all customers were upgraded.
This software sets out to solve the problem presented by asset depreciation – a specialized subject matter that entails the incorporation of complex and frequently changing laws and regulations. The system is designed to complement packaged accounting systems and is scalable from standalone desktop PCs to multi-user work groups and client/server environments.

The software is currently fully developed and in general-release use by major corporations at several hundred client sites.

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Reason for Selling:

Health issues.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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