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Asking Price$4,995,000
Revenue$1,700,000 Established1984
Cash Flow$1,100,000 Employees1 full, 4 part
FF&E$10,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Business Description:
HIGHLY PROFITABLE ELECTRONIC FINANCIAL REPORTING IT SOFTWARE COMPANY.

THIS COMPANY IS A WELL ESTABLISHED SOFTWARE PROVIDER IN THE FINANCIAL REPORTING & COMPLIANCE SECTOR PROVIDING BEST OF CLASS SOFTWARE,  ELECTRONIC FILING, PRINT & MAIL SERVICES, AND TECHNICAL SUPPORT TO THOUSANDS OF CUSTOMERS THROUGHOUT THE UNITED STATES.


Since 1984, this highly profitable electronic reporting software company has been operating a huge demand, low-cost solution to small and medium sized businesses throughout the United States providing financial software, electronic filing, government compliant forms, and one-click print/mail distribution & support services for its clients.

The company’s copyrighted software technology is first-class and highly robust providing a suite of financial reporting services that its clients rave about continuously providing amazing reviews.



Recurring Revenue, High Margins, & 90% Customer Retention Rate

With one of the highest margins seen in most industries, this company enjoys extra-ordinary high recurring profits due to low operating costs and affordable price points for over 2,300 paying clients the company services.

Very high retention rates and repeat clientele year after year make this business a home run for someone who can follow a proven process of success already laid out by the current owner.

With a compressed “seasonal” business model, the company is perfect for a buyer who prefers to operate during a high volume peak season and enjoy the incredibly high profits during this limited window of opportunity year after year.


THIS COMPANY IS A WELL ESTABLISHED SOFTWARE PROVIDER IN THE FINANCIAL REPORTING & COMPLIANCE SECTOR PROVIDING BEST OF CLASS SOFTWARE,  ELECTRONIC FILING, PRINT & MAIL SERVICES, AND TECHNICAL SUPPORT TO THOUSANDS OF CUSTOMERS THROUGHOUT THE UNITED STATES.








Historical Summary:
The company was established in 1984 stemming from high demand for its products and services by professionals in the financial industry.

The company is still going strong – 33 years later - with no end in sight - due to its popularity among accountants and small to medium size businesses.

In 2016, the company grossed $1.7M in sales and generated the owner approximately $1.1M in seller discretionary income.  

Talk about high margins!

The technology combined with the internet has played a huge role in the success of this company, and for the right buyer, the opportunities for growing beyond this level are limitless.
Facilities:Option: YES Lease Security: 4200 Monthly Rent: $ 2,200 Square Footage: 1000 Type of Location: Office Building Facilities: PROFESSIONAL OFFICE BLDG LOCATED ON A MAIN STREET
Competition:Healthy competition exists in this market which is an indication that the market is valid and thriving. Competition is positive - especially when you build a better mouse trap than the rest. Other companies in this space nickel and dime their clients to death and provide expensive a la carte solutions that challenge users due to the complexity of design and lack of user friendliness. The owner of this business has personally written all the code to this software providing a bundle of value priced very fairly in the market. The user friendliness of the software, easy point-and-click electronic filing, and convenient print & mail services make this company stand out from the crowd – and over 90% of its current customer think so too since they come back year after year.
Growth Potential:FOR THE RIGHT BUYER, THIS OPPORTUNITY IS A GOLD MINE. Right out of the box, the company generates $1.1M in seller discretionary income from only $1.7M in sales. These are great margins! Taking revenue to another level can include sending larger mailing campaigns to customers and Resellers, implementing general price increases across the board (and still be cheaper than other solutions) providing customers UNLIMITED user licenses, integrating the software to the cloud to reduce piracy & software mailing costs. Strategic buyers could have the ability to cross sell additional products and services to each other’s customer base.
Training/Support:COMPLETE TRAINING AND SUPPORT INCLUDED
Seller Financing:NEGOTIABLE
Sale Reason:RETIREMENT
Ad #92294
Seller Reference #CNY2350321
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MEL LISITEN
LISITEN ASSOCIATES
212 661-4160
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