Software Businesses for sale

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  • Leasehold Price: Offers Invited
  • Annual Turnover: £804,000
Seller Reference: 150151
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Business Description
Seller Reference: 150151
Request Details
Business Description
Turnover of £804k with an adjusted EBITDA of £296k. Projected turnover of £800k in YE20. Approximately £500k sourced through recurring revenue in YE20.Designs, develops and implements HR and payroll solutions, which are offered to clients operating within the education (universities, schools, colleges and multi-academy trusts) and social housing sectors throughout the UK.Provides a selection of support services, including project management,data migration, consultancy and training, creating systems which meet its clients’ requirements and increase efficiency.Software modules include workflow, employee and line manager self-service, personnel, payroll, occupational sickness and maternity, recruitment and staff development.All clients provide reliable, repeat business on an ongoing basis. Maintains long-standing client relationships, several of which have been in place for over 19 years. Operates from 1,200 sq ft leasehold premises, which are owned by the Shareholders.Offers invited.
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