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ACCOUNTNG SOFTWARE DEVELOPMENT CO. / SaaS TECHNOLOGY

Location: Ohio  flag
Industry: Internet Businesses, Business services (b2b)

Asking Price
Not Disclosed
Annual Revenue
Not Disclosed
Annual Profit
Not Disclosed
FF & E
Not Disclosed
Inventory
Not Disclosed
Year Founded
2004
Number of Employees
1-10
Website
Reason For Selling
Fragmented ownership-one owner will promote growth
This business is not relocatable.
This business is not home based.

Description of Business

This Company has developed SaaS technology for a revolutionary new XML accounting framework that excels in numerous environments. It is designed to provide real-time access to accounting and financial data over LAN, desktop or the Internet. The number of users is unlimited. The powerful XML web services Application Program Interface (API) allows the product to be seamlessly integrated with other systems, including remote systems over the internet. The Company offers unlimited and multiple profit center opportunities to new ownership: OEM Partners, VAR Partners, Direct Sales to End Users, Services (consulting, large-scale custom module development and implementation services), Accounting and Service Firm Licensing applications, etc. Growth Opportunities: Many of the existing accounting software applications on the market today are not web-base compatible. Over the next few years demand for this company’s software will accelerate as old legacy products become obsolete. Why an Acquisition Makes Sense: This Company’s proprietary software platforms are versatile and can be easily integrated into other existing products. Demand for the product is growing, but the existing team is too small to meet the huge demand. Management therefore seeks to be acquired in order to bring their sales and service capacity to the next level. Ask Price negotiable with target in the $1M range.

Competition and Growth Potential:

Growth expected, especially in web-based applications/technologies such as those offered by the seller.

Support and Training:

Provided

Seller Details:

Grover Rutter
419-427-1564

Grover Rutter Mergers, Acquisitions & Valuations

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