This opportunity has been sold and is no longer available!
Looking for a profitable custom software and IT consulting company for sale in West Michigan? Look no further! Established over 30 years ago, the Company is a B2B provider of computerized business solutions, including accounting, line-of-business software and custom programming as well as infrastructure planning and implementation.
The owners are retirement age and are pursuing a sale presently because they would like to pursue other goals, as well as a smooth transition into retirement that preserves their employees’ jobs and customers’ well-being. Ownership is available for a reasonable transition period. The owners do not consider themselves critical to the day-to-day operations, believing that they could work as little as 10 hours per week to maintain status quo.
- The Company specializes in working with software with communication limitations and have always been able to extract data from one application and insert it into another error free.
Financial Summary:
Fiscal Year September 2015 Sales: $741,693
Fiscal Year September 2015 ODE: $263,349
Forecast 2016 Sales: $506,379
Forecast 2016 ODE: $167,541
- The Company has a recurring revenue of $80,000 from service contracts, system hosting, and software license renewals.
Investment Highlights:
- Experience and Breadth and Depth of Knowledge -The Company is adept at problem solving, and its employees have experience getting the right solutions for their clients. They specialize in working with software with communication limitations and have always been able to extract data from one application and insert it into another error free.
- Customer Service –The Company’s unwavering focus on their clients has made them a favorite with clients, many of whom remark on how wonderful their response time is. An Amazon.com manager once commented: “You have done the testing faster than anyone we’ve worked with.”
- Net Annual Recurring Revenue -The Company has a regular revenue of $80,000 from service contracts, system hosting, and software license renewals.
- “You have done the testing faster than anyone we’ve worked with.” – Amazon.com Project Manager
Growth Opportunities:
- Marketing – The Company does not market, has never employed a salesperson, and has not aggressively pursued project leads. With an increased focus on sales and marketing, they could generate much more business from the customer base they already have. The owners would be happy to help pursue these leads on behalf of a new owner.
- Custom Software Licensing/Sales – The Company has developed a significant amount of software for use that could be marketed and sold. One example is a complete practice management system for a niche professional medical service.
- Potential Capacity – The current staff has the ability to do more programming and other services if marketing and sales efforts were targeted and successful.
Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and have a brief introductory phone call with a broker. Inquire today about this custom software development and IT consulting business for sale!
