Sector |
Turnover |
Location |
|---|---|---|
| Software Development | £1.13m | North West, England |
Business Offered for Sale: Software Development and Support Business (“the Company”)
Business Opportunity:
An opportunity exists to purchase the business and assets of a software development and support business operating in the UK and USA, with head office in the North of England. The Company has developed advanced telephony applications analytics/CTI that streamline business processes for the SME and midrange enterprise, working with some of the global leaders of the telecoms industry.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.
Business Overview:
- Established Business
- Ongoing Work in Progress & Support Contracts
- Intellectual Property & Developed Software
- Client base
- 16 Employees
- Leasehold trading premises
Financial Information:
Year Ending 31/12/2021 (Draft):
- Turnover – £1,131,404
- Gross Profit – £920,564
- Net Profit/(Loss) – £(619,653)
Year Ending 31/12/2020:
- Turnover – £1,900,248
- Gross Profit – £1,711,400
- Net Profit/(Loss) – £182,113
Year Ending 31/12/2019:
- Turnover – £1,826,100
- Gross Profit – £1,628,467
- Net Profit/(Loss) – £65,559
Assets Available for Sale:
- Unencumbered Chattel Assets
- Work-In-Progress & Support Contracts
- Client Base
- Goodwill
- Intellectual Property & Developed Software
- Telephone Numbers
Location:
North West, England, UK.
Deadline for Offers:
Indicative offers no later than 12 noon on 14th June 2022, all offers to be supported by proof of funds.
Further Information:
For further information or to request a non-disclosure agreement please contact the Manchester office on 0161 217 2727.