Business For Sale

Software Development Company with Suite of Own B2B Products Inc.Proprietary Workforce Management Solutions


Ref: IU174
Location: Fully Relocatable, England
Asking Price: Offer Invited
Annual Turnover: £72,000

Annual Net Profit: Not Set
Gross Profit: £0
EBITDA: Not Set
Premises Type: Relocatable

Business Description

Business Profile

Turner Butler are delighted to bring to market this privately owned highly innovative and technological software development company. The company has developed and delivers proprietary workforce management solutions that target SME’s and also attracts sales from ‘Blue Chip’ companies delivering products and services over an extended or 24 hour working day.

The company is in a position to offer for sale the source and object code for its range of software products; including full Intellectual Property Rights (IPR) pertaining methodology, training and consulting services associated with those products. The company has registered trademarks in the USA and UK.

Over 300 customers in 15 countries have purchased the fully developed products this software company offers representing the following industries: Manufacturing, Utilities, Media, Retail, Law Enforcement, Technology, Healthcare, Call Centres, and Transport. However it could be utilsed in many many more sectors.

The Market:

There are four market drivers: (a) Matching staff supply to demand over extended and 24 hour work days; (b) legislation & compliance with labour laws; (c) workforce trending toward phased and flexible working; and (d) controlling staff costs to compete at lower cost, and safeguard profits.

The Products:

This busines has the product base to support the market as it offers the right solutions including:

• Ready to market ‘On Premise’ software.

• Training and consulting service platform.

• Suitable for 3rd party distribution network.

• Very low customer support overhead

• Fully encrypted SoftPro license protection

• COTS solutions and flexible cost options.

• Web and Internet sales enabled.

• Can be tailored to vertical markets

• Delivers Fortune 500 experience

The products are deployed as ‘On Premise’ standalone software with ‘push’ capability to the ‘Cloud’. It is easily installed on standard office computer networks including Citrix and Terminal Server; and does not require specialist IT support. It offers a shallow learning curve for the self-starter; and there are options for the experienced manager of the more complex and demanding workplace.

The company has recently launched the first Excel Add-In for workforce consultants and HR professionals that automatically generate multiple shift patterns and staff schedules as Excel worksheets. This remains the #1 most asked for function on the Microsoft Excel forums so the scope for this new product is huge as there are some 850 Million Excel users globally!

The Technology:

• Standard PC networks and Windows servers

• Microsoft Visual Studio development environment

• Single code stream supports multiple languages

• Integrated RDBMS architecture

• Integrated Business Objects Reporting

• SQL and Access

Customer Service:

As a dedicated Microsoft Partner and Microsoft Pinpoint company this business has all the ncessary accreditations in place backed up with many years experience. The business model provides rapid deployment of an easily understood solution, backed by fast knowledgeable support response (less than 2 hours); and provision of 24/7 access to support. It is this level of support coupled with the products key features that have enabled the company to work with some of the largest blue chip organisations and SMEs alike.

Key Strengths:

• Proven products purchased by end users;

• A unique Add-in delivered to the Microsoft Excel® user base;

• Technical expertise to solve scheduling problems;

• Automating complex scheduling algorithms;

• Business transformation.

Key Opportunities:

There are numerous opportunities available to the new owners of this business.

A significant opportunity for fast generation of revenue in the immediate term is likely to be associated with the recently launched Add-in for Microsoft Excel®. As already mentioned the number one request on Microsoft Excel forums is about generating shift patterns and staff schedules. This company have not only solved that problem but have automated it. There are over 850 million Excel® users and a significant number of those users want to work out their staff shift pattern. It is not unreasonable for the business owner with market presence and established routes to a global market, to anticipate a ‘mass market’ response capable of generating a 7 or 8 figure revenue stream.

The potential profitability concerning the desktop versions of this company’s products are likely to include:

• Sell ‘more’ to an existing client base: integrating software code into an existing product range to offer additional customer value e.g. HR & Payroll.

• Gain immediate access to the workforce management market: with well-defined products and consulting services.

• Reduced R&D costs: use the existing code flow and database architecture to deliver a multi-user enterprise platform.

Confidentiality Form / NDA

If you would like to receive further information about this business please submit the Confidentiality Form by clicking the button below.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into.

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email info@turnerbutler.co.uk | Website www.turnerbutler.co.uk

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