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Businesses For Sale   >>   Idaho Businesses For Sale

Software Technology Company For Sale

Location  Idaho,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $413000
Net Profit / Cash Flow  $201000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2005
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  CEO and staff remain.
Reason for Sale  Needs growth capital and strategic partner.

Description  
This software technology company provides copier and printer dealers with a non-invasive software tool for tracking, analyzing and managing meter reads and ink/toner cartridge levels for their customers. This allows for more efficient billing for ongoing maintenance and service contracts based upon the page counts from meter reads. Dealers then use the data and reporting provided by the software to create customized solution sales for their customers. Using the SaaS model, dealer customers pay monthly usage and support fees for each of the product suites.The company signed with a leading South American distributor for expansion in 2009, and with a leading Japanese distributor in 2010, and is in new negotiations with additional distributors for new markets.The software developer and CEO estimates the total investment cost of designing and upgrading the software is $1.8 million through 2010. Asking price is $800,000, or 2 X revenues. Contact for more information on this software technology company for sale.


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