Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Software Solutions Company
LISTING DETAILS
Firms For Sale ID:
29177
Vendor reference:
IU165
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£250,000
Turnover / revenue:
£322,000
Net profit / cashflow:
Undisclosed
Years established:
1987
Trading hours:
Normal business hours (flexible)
Number of employees:
2
OTHER DETAILS
Reason for selling:
The vendor is planning his exit strategy.
Support and training:
The vendor is more than happy to provide a comprehensive handover to ensure continuity of trading and would consider staying on within the business as a consultant should a new owner so require, subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Current lease is a 12 month rolling agreement. Annual rent and rates are circa £9,600 per annum.
BUSINESS DESCRIPTION
Software Solutions Company Specialising in Real Time Monitoring & Control Systems and Data Capture
Ref.IU165
Location West Yorkshire
Asking Price £ 250,000
This very well established and respected real-time software solutions company has been providing customers with bespoke and tailored solutions for over 25 years now and in that time has carved out a superb reputation as an innovative and knowledge based organisation.
The company’s core business centres around providing a comprehensive and specialised range of unique real-time software systems for use in monitoring and control, automated handling and data capture applications.
This company’s systems are used in a wide variety of applications and industries within the private sector including oil, brewing, food, textiles, computer manufacturing, communications and fibre optics. The company has also worked with various public sector bodies and local authorities on projects that have included the supply of systems for waste management and monitoring of power generation.
The company project manages jobs that vary in size from a few weeks right through to several man years in duration such is its skill set and flexibility. Projects have included hand held data capture, automated warehousing and conveying, storage, machine monitoring and automatic testing.
The company has experience of working on various hardware platforms using a wide range of operating systems. So much so that the business has extensive knowledge of RFID, databases, newtworking, SCADA, PLCs, embedded microprocessors and hand-held applications.
The company also provides additional consusltancy services to a number of clients in order to asssit in the design and development of projects and products where a high level of technical software expertise is required.
Expansion Potential
The IT software solutions market is huge and there are many opportunities to grow this business further both with existing customers and through a more proactive approach to sales and marketing. New technology is constantly being developed and this business is ideally positioned to embrace it and take it to the market and increase its offerings. It has a large and varied UK customer base and is only scratching the surface with many of these clients, so further account development would certainly stimulate future growth.
Market / Competition / Non-Competition Agreements
The business has never felt the need to advertise preferring to rely on referrals, recommendations and repeat business. It does however have an informative website that contains case studies and product/service information.