Business For Sale

Software Development & Web Applications Company


Ref: IU186
Location: Shropshire, England
Asking Price: £180,000 + NAV
Annual Turnover: £108,000

Annual Net Profit: £59,000
Gross Profit: £0
EBITDA: Not Set
Premises Type: Relocatable

Business Description

Business Profile

The company has been in business since 2018 and provides end to end software design & development services to clients from a wide variety of commercial sectors for practical use in web environments, desktop and mobile application.

The business offers a client the valuable opportunity to detail their requirements in broad terms which is then interpreted by the company in collaboration with a client to get the most accurate definitions of need, and then devise a roadmap that prioritises key features and functionality.

This proven methodology solves problems and unlocks the potential in a client’s business that they otherwise may not have been able to achieve.

 

The two owners have been running the since making the decision to combine their expertise in design and software development and operate the business from remote home based offices. Since that time reliable relationships have been built with commercial clients that range from modest marketing agencies to large industrial automation clients.

Generally these clients will have identified a business need before engaging with the process, or by collaboration where the company has identified opportunities for them.

A typical client project ranges from an initial engagement of £3000 to in excess of £30,000; and as an ever growing business the vendors believe that there is significant growth potential for a new motivated owner. 

 

The business is profitable with no bad debts and offers a highly competitive service.

 

All necessary equipment is in place that is required to run a successful operation.

A full inventory of the equipment is available to all genuinely interested parties.

 

The business has an open and transparent approach:

 

Guided process from start to finish

 

Fair consultancy and development rates

 

Attention to detail that captures issues before they become a problem

 

Discussions involve easy to understand concepts without technical depth unless this is required

 

Friendly approach that enables the client to ask any question

 

Clients:

The business maintains a healthy database of clients who are routinely kept up to date with changes in the industry, technology advancements and business opportunities.

 

Technology:

The business uses all of the necessary equipment necessary for a business of this type including Laravel (PHP), Vue, C#, React.

Business system software is Office 365 & Xero.

 

Growth and Expansion:

The business is easy to run as the owners have built an infrastructure that ensures a smooth operation and has laid down sound foundations to accommodate future growth that could be achieved with a more motivated approach to management and targeted marketing.  

 

The market outlook is growing and is always evolving and means that there will always be the need to manage technical projects in some form or another; and the business is diverse enough and lean enough to pivot to other areas in the future.

Confidentiality Form / NDA

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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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