Software Businesses for sale in Farnham

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Profitable Software Development Company with Established Blue Chip Customer Base

Farnham, Surrey, England

  • Leasehold Price: £1,850,000
Seller Reference: PAX0200551135
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Business Description
 
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Seller Reference: PAX0200551135
Request Details
Business Description
This is an outstanding opportunity to acquire a successful company that has developed a range of business software applications for the manufacturing and production industries. Over 60% of income is from recurring contracts from a loyal base of blue chip and SME companies, some of whom have been customers for 30 years.

The company consists of a long standing experienced development team who have continually focused on both the evolution of the software and the industries changing requirements.

The company’s revenue is made up from the sale of new licences, maintenance contracts on existing licenses, bespoke tailoring of systems, installation, training and consultancy.

The software improves company’s efficiency and quality, while also ensuring legal compliance in key areas. The software annually provides 7 figure savings for some companies.

Having been a pioneer of software in factory automation, with 30 years of established experience, the company provides specialised technical and creative solutions and an in-depth knowledge of the industry.

There is a huge scope to expand and develop the company, with the opportunity to increase sales into existing customers, attract new customers in the production industries, and to sell the developed software into new business markets.

Reasons for sale

The directors feel that having overseen the critical development of the company and established an excellent position within the sector. The company is now perfectly poised to accelerate growth through acquisition by a larger company that could fully leverage the company’s substantial assets.

The directors would support any reasonable handover of the business as requested by the acquirer.
Tenure:
Leasehold
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