Listing ID: 6647
This business is Under an LOI and is Not currently available.
The Company has been in business for over 27 years and has a track record of excellent customer services. They provide software development and systems integration services across a broad spectrum of industries.
Their product and service offerings include:
* IVR and Messaging Cloud Services
* Customized Interactive Voice Response Systems
* Platforms to improve workforce productivity and internal communications
* Solutions to improve client/customer interaction
* Solutions to monitor feedback from clients/customers
* Automated inbound and outbound voice and text-messaging
* Convergence of billing and payment systems
* Mobile applications
* Maintenance, training and support
* IT products, services and solutions to Government agencies
Staying connected in the digital world is very critical. It requires applications, resources and processes that best accomplish that. The Company has assisted clients in more than 20 industries to help them be innovative, remain competitive and to streamline their processes across a variety of systems.
A working knowledge of Visual Basic and PHP is required.
Government services are provided according to GSA FSS IT Schedule 70 and account for approximately 70%-80% of company revenue in a typical year.
2019 Revenue is trending more than 2018 Revenue for the same period.
Due to GSA contracts this is anticipated to be a stock sale.
This listing is confidential. Click through to submit inquiry and receive Confidentiality Agreement and Buyer Profile to complete and return.
- Asking Price: $525,000
- Cash Flow: $205,058
- Gross Revenue: $364,405
- EBITDA: $
- FF&E: $
- Inventory: $
- Inventory Included: N/A
- Established: N/A
- Furniture, Fixtures and Equipment:$
The venture was started in N/A, making the business 2020 years old.
The transaction shall not include inventory valued at N/A, which ins't included in the asking price.
Also, Furniture, fixtures and equipment valued at N/A isn't included in the requested price.
3 Things to Consider When Researching Services for sale in
Acquiring a business is one of the greatest choices you will make in your lifetime. Selecting carefully can lead to tremendous monetary benefits for you, your loved ones, and your retirement. However, in order to make an appropriate decision, you must think about numerous points.|In order to make a proper decision, you need to think about several points.} Below are 3 vital items to think about before buying a company in .
Why is the Current Owner Selling The Business?
There are all sorts of reasons people choose to sell Services. Nevertheless, the real factor and the one they say to you may be 2 totally different things. For instance, they may say "I have a lot of other obligations" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might just be excuses to try to hide the reality of altering demographics, increased competitors, current decrease in profits, or an array of other factors. This is why it is extremely essential that you not rely entirely on a seller's word, however rather, use the vendor's solution combined with your general due diligence. This will paint an extra sensible picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous Services take out loans so as to cover items like stock, payroll, accounts payable, and so on. Keep in mind that sometimes this can imply that earnings margins are too tight. Many organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that have to be fulfilled or may lead to penalties if terminated early.
Understand the Customer Base, Competition and Area Demographics
How do Services in the area attract brand-new consumers? Most times, Services have repeat customers, which create the core of their daily earnings. Specific aspects such as new competitors growing up around the location, road construction, and employee turn over can impact repeat customers and also negatively influence future incomes. One essential thing to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business regularly, the higher the chance to build a returning customer base. A final thought is the general location demographics. Is the business placed in a densely populated city, or is it located on the edge of town? Exactly how might the local median family income influence future revenue potential?