Software Development Company - Education Systems
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $275360
Net Profit / Cash Flow $169259
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 4 - 5
Inventory 5500
Relocatable Yes
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Business needs more capital to roll out products on a national scale.
Description Software development, sales, and maintenance company for sale with six proven products currently in use in multiple school districts across Texas. Company provides special purpose web-based applications that are integrated into the Student Management Systems (SMS) utilized by the schools. These applications are more functional, easier to use, and lower cost than alternatives provided by the SMS vendors. Administrators, principals, and parents rely on the products for establishing individual student graduation plans, documenting performance and behavior data, compliance with educational requirements mandated by laws such as No Child Left Behind, registering and archiving job applicants, and managing, categorizing and storing all types of documents. Company is designated by IBM as an ''IBM Business Partner'' and employees are experts on IBM/Informix database technology which is utilized on all their software products. The company is now ready for a new owner to take it to the next level by rolling the products out on a national basis. Owner willing to remain with the company as a developer/salesman. Please refer to CBB Listing #7037FS.
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