Business For Sale Listing 141349
Emerging Niche Software Co Offered for Acquisition
Status as of Nov-22-2008 at 06:02 PM: Off The Market
Business Summary
Our firm has been retained to represent the sale of a software company with explosive potential. After over 10 years of research & development, this software has now proven its potential and needs to be acquired by an individual/organization with expansion capital or sales/marketing expertise.
This unique company has successfully developed and currently markets software/web-based solutions that enable commercial users of electricity and telecommunications utilities to recognize substantial savings on their annual utility expenditures by finding and correcting errors and overcharges in utility billings. By analyzing, changing, and actively monitoring the rate structures and other critical factors applied to a customer's account, the company ensures that its customers are correctly billed for utilities based on the type of business, location, amount of resource used, etc. This is accomplished through the use of two proprietary software applications that can be implemented either by the customer or by the company on the customer's behalf.
Total revenue for 2007 exceeded $1.1M with Seller's Discretionary Cash Flow of approximately $640,000. The company currently serves approximately 200 customers. The solutions the company offers are appropriate for approximately 1,500,000 commercial utility customers in the southeastern United States.
A proven product offering, tremendous untapped opportunities in existing and future markets, along with a track record of strong revenue and earnings have well positioned this company for explosive growth. The owners have reached the conclusion that the company is most likely to reach its full potential under the leadership of an individual or organization with the financial resources and sales/marketing expertise and infrastructure to reach the broad market.
The sale also includes $1,500,000 in A/R under contract.
Qualified buyers will be sent an offering memorandum after signing a CA.
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Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,168,436) |
| Profits: |
Between $500 Thousand and $1 Million ($639,725) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Fiscal Year: |
2007 |
| Asking Price: |
Not Disclosed |
