Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Software Company Specialising In Bespoke Epos Systems(own Software & Hardware)
LISTING DETAILS
Firms For Sale ID:
34048
Vendor reference:
IU178
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£450,000
Turnover / revenue:
£430,000
Net profit / cashflow:
£170,000
Years established:
20
Trading hours:
09:00-17:00 - Monday-Friday
Emergency Callout Service to existing clients (engineers cover)
Number of employees:
4
Employees / staffing:
The vendor works part time in the business. His wife, also a director, has no day to day involvement in the company.
The business employs 4 full time software engineers (2 of which are senior) and one full time sales person who works both on the road and in the office as required.
In addition to this the business has a small pool of trusted sub-contractors who carry out installations in the South and also in Scotland if need be.
OTHER DETAILS
Reason for selling:
Vendor is looking to emigrate.
Support and training:
The vendor is more than happy to provide a comprehensive handover to ensure continuity of trading and a seamless transition. This should be a relatively simple process as the vendor only works in the business part time and the business has key employees in place.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Software Company Specialising in Bespoke EPOS Systems(own software & hardware)
Ref.IU178
Location Greater Manchester
Asking Price GBP 450,000
This very well established and respected software company has been providing customers with bespoke and tailored EPOS (Electronic Point of Sale) system solutions for circa 20 years. In that time the business has carved out a superb reputation as an innovative and knowledge based organisation.
The companys core business centres around providing a comprehensive and specialised range of bespoke EPOS systems that incorporates both hardware and software solutions for clients. The company has its own inhouse bespoke software programmes and provides this to customers with its own brand of state of the art hardware systems as a complete package. The systems are unique to the customer yet modular giving clients flexibilty and enabling future expansion. This also ensures ongoing revenues for the company and excellent customer retention. As well as the tradiitonal EPOS systems the business also offers add-on peripherals such as Note cameras, Ultraviolet LEDs and ID software systems.
This companys systems are very well known and used by a wide variety of customers within the Trade/Retail/Wholesale market place. Applications include small single site systems, right through to large multi site operations. The company works with large organisations as well as small businesses and enjoys preferred supplier status with many of its clients, as its systems are fully compatible with theirs. The company has over 1,000 sites throughout the UK, the majority being based in the North West region.
Expansion Potential
The EPOS market is huge and there are many opportunities to grow this business further both with existing customers and through a more proactive approach to sales and marketing. New technology, products and enhancements are constantly being developed and this business is ideally positioned to embrace it and take it to the market and increase its offerings. It has a large and varied UK customer base and is only scratching the surface with many of these clients. The vendor has tended to concentrate on business on a regional basis over the last few years through choice, however there are many opportunities to further develop existing accounts particularly in the South.
Market / Competition / Non-Competition Agreements
The business has never felt the need to advertise over recent years preferring to rely on referrals, recommendations and repeat business. It does however have an informative website that contains product/service information.