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Software Business

2 years old independent, privately held software start-up with over 1,200 active customers worldwide (including Nokia, Merck Sharp & Dohme, Brightpoint, Starwood Hotels and Sportingbet) is looking for a buyer for its profitable digital publishing software line. Reason for sale is to find financing for another project at hand. Annual sales is 170K, 3 digit growth rate in its frist 2 years. Deal include source code, whole development and distribution rights, customer database, non-compete agreement, brand and a fully functional website with online store. Willing to provide email based tech support for current customers and development/ engineering support for future releases in exchange for an additional fee for a mutually agreed period. Asking price is only 4-6 times annual sales. No debt, no commitment, very very low operating expense, clean and functional virtual business which could be taken over quickly and run from anywhere in the world. You'll definitely get a pay back in less than 3 years even if you fo not add anything on. Great potential.