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BUSINESS FOR SALE - PROFILE #  40730383

Custom Software Company
Chicago area, relocatable

Asking Price: $695,000   Down Payment: $695,000  
Gross Revenue: $400,000   Adj. Cash Flow*: $233,000  
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Executive Summary
This business has been around for 18 years and its niche is data driven applications. The business has multiple large customers in place. Expertise is provided by 1099 employees who have worked with the company for years. The company operates in a Microsoft environment (SQL server, .NET, JSON). Some of the prior projects and expertise include: a dealer network system for a Fortune 500 company, a sales tracking system for a large construction equipment company, an electricity trade tracking system for an energy company, legal office customer billing system and various retail systems. While this business may not be suitable for someone without some software industry background, its a great business for a software or marketing entrepreneur looking for a small business to bring to the next level or a business in a similar sphere looking for incremental revenue and capability. Owner would be willing to stay on board to assist with future marketing and project management endeavors.

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 18 Inventory:
Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Dan Eitel
Phone:  (630) 705-3055
Fax:  (630) 491-1592
Other:  (630) 286-9120
E-mail:  deitel@midwestvr.com
VR Business Brokers - Oak Brook, IL
2021 Midwest Road
Suite 200
Oak Brook, IL 60523
www.midwestvr.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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