4944_10000_12BS_31AU060925213856
| Business Location | Australia |
| Business Address | Sydney NSW |
| Industry | Information Technology/Software: Finance & Business |
| Type of Business For Sale | software development |
| Asking Price | $75,000 |
| Availability of Independent Valuation Report | No |
| Business Growth Stage | Turnaround |
| Current Annual Sales Range | US$100K - US$300K |
| Estimated Sales In 3 Years | $500,000 |
| Contact details | |
| Contact person name | Chris Sims |
| Title | Director |
| Firm address | PO Box 1023 |
| City | Chatswood |
| State / Province | NSW |
| Country | Australia |
| Zip / Postal Code | 2057 |
| Phone | 61-2-99678789 |
| Fax | |
| chris@zootech.com.au | |
| URL | http://www.zootech.com.au/ |
Description of Opportunity:
This business is effectively the purchase of a large and flexible code base. The company has developed 2 products over an 8 year history.
1. Key Features This business effectively comprises the software products which have been developed over an eight year period. The company has expended most of the income earned over this period in the development of two applications, Cheetah and Infobarn. The opportunity now exists to purchase these products and develop a range of profitable enterprises. Most recent income has been derived via the consulting work of the retiring principal. This will not be maintainable in itself under new owners, so does not form any part of the asking price. Relevant supporting facts are provided below: " 8 year history of client/server software development and provision of consulting services; " Award winning software applications, developed for the Australian Market; " Development staff continuity if required; " Small existing client base, running software applications in production; " Limited marketing completed to date; " Ideal for existing software developer looking for new products and clients; " May be run as a completely virtual office with no physical site and low overheads.
2. Products and Services The business has conducted a range of work over its eight year history. This is summarised overleaf.
IT Consulting: The company has used both staff and contract labour to provide IT consulting services to banks and large corporations based in Sydney. The scope of this work includes: " Advice on accounting software purchases and implementation; " Data migration projects; " Data mapping and re-structuring; " IT infrastructure and application auditing. This business has been the principal source of operating funds for the business over its eight year history.