A DEDICATED DEVELOPER OF INNOVATIVE SOFTWARE

  • Price: Offer Invited
  • Annual Turnover: £933,000
Seller Ref:163122
For Sale

A DEDICATED DEVELOPER OF INNOVATIVE SOFTWARE

Seller Ref:163122
  • Price: Offer Invited
  • Annual Turnover: £933,000

Description

OPERATING ON AN INTERNATIONAL BASIS
An innovative developer of key software used within a niche industry.
Turnover of £933,000 with an adjusted EBITDA of £65,000.
Healthy forward order book value of £144,000 secured work for the next six-to-nine months, alongside annual recurring income of circa £460,000.
Carries out bespoke development work for its main system and those used within non-standard industries, alongside the provision of ongoing IT support for all products.
Serves circa 70 active clients.
Strong second-tier management team in place.
Shareholders willing to remain with the company, if required by the buyer.
Operates from leasehold premises in an ideal location.
Offered for sale to facilitate growth under the impetus of new ownership.
Offers invited.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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