Estimating Software For The Construction Industry | | Undisclosed Oxfordshire | | ESTIMATING SOFTWARE FOR THE CONSTRUCTION INDUSTRY Est 17 yrs -Niche software favourably compared worldwide c/m inc South Africa, Middle East, & New Zealand A/T: £276,428 GP: £214,166 NP: £156,850 Reoccuring fee of circa £100,000pa Scope to extend to the US BUSINESS ONLY: £525,000 +SAV REF: 1016OX | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62311
ADVERT IMPRESSIONS : 12,145 TIME(S) | | | | BUSINESS SECTOR: | Internet / Online | | TRADE TYPE: | Other | | SALE: | Agent Sale | ASKING PRICE: | £525000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• The business is presently run from offices based at the home of one of the directors.
HISTORY
• The business was originally founded over 17 years ago while the present directors have had it for over 9 years, during which time they have expanded significantly.
REASON FOR SALE
• The directors are only now reluctantly offering the business to the market as they wish to retire.
PRODUCTS
• The business has developed a comprehensive software range for the construction industry, which is highly functional and easy to use
• The software can be used for all sizes and types of job including small and large building projects and civil engineering works as well as specialist trades
• The software runs on most networks provided that windows is available and is automatically set to run in multi user mode to allow more than one user in the same job at the same time
• This is a powerful yet affordable range of estimating and post contract software which is only usually found in systems costing many thousands of pounds more. This underlines the vast potential which this business software offers.
CUSTOMERS
• The software has been supplied nationwide in the UK and exported to many countries including New Zealand, Cyprus, Malta, Uganda, West Indies, Ireland, Turkey, Denmark, Sweden, South Africa and Saudi Arabia.
STAFF
• The business has a total of 3 full time staff including the 2 directors
TRADING HOURS
• Monday to Friday 9am to 5pm
• Occasional extra hours may be required from time to time to meet customer needs, especially those in different time zones overseas.
FINANCIALS
2010 2009
Sales £276,428 £222,199
Gross Profit £214,166 £197,159
Net Profit £156,820 £136,899
• The directors are prepared to work with a new owner to ensure a smooth transition and to give the necessary introductions to staff and clients
PREMISES
• The business is run from the home of one of the directors
STRENGTHS
• A very well established business which has been trading for over 17 years
• Niche software which compares very favourably with other systems which are vastly more expensive and not so flexible
• A low overhead business which could be run from anywhere in the world
• Annual recurring maintenance fees of circa £100,000 which are growing year on year.
SCOPE
• Adapting the software to suit the working practices in the USA and Canada
• Offering the software to the emerging markets in China, India, the Middle East and the Far East
TENURE
• Re-locatable
• A new owner would obviously need to re-locate to their own premises which quite literally could be anywhere in the world.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1016OX / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
