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Businesses For Sale   >>   Lancaster Businesses For Sale   

Convenience Store Software Sales & Inventory Management

Location  Lancaster, California, United States
Asking Price Range  < $250K
Gross Revenues  $180000
Net Profit / Cash Flow  $125000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1984
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  6 weeks 30 hours per week included in the sale of the business. Long term consulting arrangement available subject to mutually beneficial terms and conditions.
Reason for Sale  Retirement.

Description  
Ideal (and recommended) owner-operator opportunity, this Company targets the small 1-10 unit c-store and service station owner with a comprehensive software utility designed for and customized specifically for these niche industries. An end to end solutions provider, from initial pre-sale consultation to full (hand-holding) deployment on premise, the Owner engages directly with the customer throughout the entire sales and delivery cycle. Has not done much marketing in ages, primarily relies on customer referrals and various vendor referral partners to originate the majority of new business. Significant upside exists to go after the major Southwestern cities, LA/OC/SD/Vegas/Phoenix, etc...and there are literally thousands of potential customers to go after in Southern California alone. Projections of billable hours for the next 12 months (recurring revenue) is around 400 hours of work time and 60 hours of travel time, for a total support and maintenance sales tally of $37,500.00 per year. Currently there are 89 active clients under contract which represents about 70% of the active client base. NDA is required for comprehensive questionnaire completed by the Seller and supporting documentation of the software itself. Facilities: Relocatable home based business within the Southwestern United States ideally. Client base is concentrated in California, Nevada & Arizona. Site visits are required from time to time. (Home Based) Competition: There are large scale competitors like Square & Intuit etc...but this Company focuses on the convenience store industry and is best of breed. Growth & Expansion: Seller is not terribly active in marketing, so significant upside exists for a hungry owner operator that wants to grow the revenue base. Financing: $99k Down, $100k Financed at $2,500 per month for 40 months!


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