Full Accounting Software Business for sale in WA - 33833 Business Type: internet businesses,misc. internet/technology/non-classifiable,software,web design/ tech services,accounting/payroll/tax
Financial Information (non-confidential)
$600,000 Down and $250k over 3 years @5%
This business is a sales, contact manager
inventory & accounting system. Fully customizable to
create industry specific solutions. Written in MS Access
& Visual Basic. Data is stored using MS Access databases
or SQL Server backend databases. Fully documented
comprehensive user manuals. Serving clients across the
US since 2000. Full Business Prospectus available to
qualified buyers. Applications Include: Order Entry (Sales),
Contact Manager, Inventory & Shipping, Purchase Order
Control, RMA Tracking, Accounts Receivable, Credit
Manager, Accounts Payable, General Ledger. Overall
Features: Accounting modules are GAAP compliant, Fully
Customizable, Stable and reliable, Multiple Currency
support, Multiple Language support, Extensive Integration
with MS Office (Word and Outlook email).
History - this business
was created as a cost effective customizable business
solution for small to medium size businesses. Used by
Retail Supply Warehouses, Payroll Processing Vendors,
Computer IT Firms, Medical Packaging, Inventory Brokerage
Dealers, Construction Subcontracting, School Directors
Assn. Notary and Auto Titling, Various Sales & Distribution
Firms, etc. Only marketing has been word of mouth
& referrals. Many years of net income of $250k.
Business Model: The software is licensed with a EULA
(End User License Agreement). This agreement allows a
client to run the software perpetually & make customizations
to the source code. Business is the sole owner of the intellectual
property including the source code. All modifications
are also owned by this business. The license has a one-time (per
user)fee with add'l fees when add'l users are added &
add'l revenue from general support, training & custom
modifications. The major appeal of the software is the
ability to tailor it to a company's specific needs.
Modifications are often the biggest part of revenue. Historical
licensing fees are $201,825.00 and consulting, support,
modification etc. are $2,470,364.00(Gross Sales in Business
Profile). Run semi absentee- 5-10 hrs per wk. 27 companies,
some with over 75 multi- state users have run the system.
Perfect Opportunity for: A software sales company w/o
their own accounting package or a software co. that
already has an industry specific solution but not the full
accounting suite to integrate with & complete their
software package; or a large company that wants to
distribute a software solution to subsidiaries & control
the software w/o having to pay license fees ,rely on or
be leveraged by a software vendor. Intellectual property
was professionally valued between $5 & $10m or
conservatively valued at $ 1,920,000 (the programming
rate & hours required to create this program.
Contact Broker Joseph Stansky for more information on
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.