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Businesses For Sale   >>   Application Service Providers Businesses For Sale

Solid Profitable Software Business For Sale

Location  Illinois,United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $10000000
Net Profit / Cash Flow  $1500000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2002
Number of Employees  50 - 99
Inventory  1000000
Relocatable  Yes
Number of Employees  50 - 99
Real Estate  Leased
Training  Available.
Reason for Sale  Launching 3 other ventures.

Description  
Well established IT Services company with project and staffing business for sale. revenues above USD 10 Million and Gross Profit of over 1.5 Million. Net profit before management fees and dividends 0.6 million per annum. More than 15 active direct corporate clients and 70 + employees. Home grown ERP system and other IP built with investment of over 0.5 Million. The business has excellent potential to grow multi-fold with the right investment - since it already has strong systems, processes and management bandwidth built up. The employees are mainly in the area of Data Warehousing, Microsoft technologies and Database Management - all of which are growth areas. The business is also being sold with excellent client relationships - which can be well exploited with proper investment. The home grown ERP system itself will be a product - if packaged well and sold to other 1000s of staffing companies in US. Expected Price $7.5 Million USD CASH Send mail for principal contacts.


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