25 Year Software Co - $856,000 Cash Flow

Cincinnati, OH
Hamilton County


Asking Price: Annual Revenue:
$2,370,000 $1,665,000

Services: Computer, Internet, Technology Repair & Services


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RE: 25 Year Software Co - $856,000 Cash Flow Broker: Dan Long

Quick Facts

Asking Price: $2,370,000
Annual Revenue: $1,665,000
Net Profit: Not Disclosed
Cash Flow: $856,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 5
BBN Listing #: 558516072
Broker Reference #: 23627

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Business Overview:

This customer relationship management (CRM) business consulting and software development company is operated by the original retirement aged owner. He has built his company’s reputation on dependability, trust, and service. The company enjoys over 130 active national accounts that have been loyal to them for many years; furthermore, no client represents more than 10% of the company’s revenues. In addition, there was over $500,000 in recurring revenue in 2021 which should continue for many years to come.
The company’s success is due to long – term and dependable employees (over 40 years with the same company) along with the organizational and management ability of the owner.
The business is offered as an asset sale purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan eligible
No debt in the company
130 – 150 active accounts
100% business to business clientele
Virtually no advertising or marketing
$524,000 in recurring revenue in 2021
Covid has had no impact on the company
Clean books and records – all numbers are verifiable
Long term staff in place – over 40 years with company
3,000 square foot office with plenty of room for expansion

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Property Features and Assets:

The company operates out of a 3000+ square foot Class A office facility.

Market Competition and Expansion:

Competition certainly exists in this industry; however, the current client database is loyal and should remain with the buyer for many years to come.

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.

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