Established IT and Software Company for Sale
This company established business in the year 1999 and built an excellent reputation in Victoria and southern NSW. Company operates a software development centre in Sri Lanka. By selecting staff with the right attitude, the current owner has built a dedicated team that strives to offer high quality work with the best customer service.
The success of this company is evidenced by its year-on-year growth. This company’s opportunity has no ceiling, and 25% profit margin is certain. This ideal software development business is easily scalable with expansion into other markets and regions. Recently ventured into a staff augmentation business which expanded to other sectors such as Accountants, Bookkeepers and HR assistants.
Experienced organic growth through its reputation for excellent products and services through its professional website.
We have a small roster of loyal clients, including a few offices from major Software franchise groups. You can hit the ground running and maintaining stable revenue streams from day one, with plenty of opportunity for growth.
Take advantage of upcoming projects and infrastructure upgrades in the pipeline. Expand your service offerings, including telephony, hosting, web development, and maintenance. Capitalize on word-of-mouth referrals and collaboration opportunities from existing clients.
With increasing reliance on technology, the demand for specialized I.T. support services and software development are on the rise. Position yourself at the forefront of this thriving industry and become the go-to provider for software agencies seeking expert guidance and staff.
Catering to a wide-ranging client base across the country, the company offers in-person services to customers, including antivirus installation, computer maintenance, troubleshooting, data recovery, system configurations, web application development, Wi-Fi network setups and much more. This not only provides retailers with unmatched customer experiences but also significant opportunities to influence purchasing decisions by upselling products and services, all while fostering valuable relationships with end consumers.
The current owner is dedicated to ensuring a seamless handover. Benefit from their experience and expertise during the transition phase.
This business is for sale due to owners' retirement.
Asking Price – AUD 450,000
Financial year 2023
Gross Revenue - AUD 405K
Net Profit – AUD 105K Cash Flow – AUD 250K
Financials (USD)
Asking Price $302,982
Cash Flow $168,323
Sales $272,684
Converted From AUD
Exchange Rate $0.67
Deal Terms
Represented by broker? No
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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