Software Development Company with Major Telecom Company Partnerships
For Sale in Allen, TX
Financial & Assets Details
About the Business
Business Description
Included in this offering a software development company that specializes in computer telephony integration products. The company partners with major telecom companies and private labels its software with its partner's name so that these companies can then market and sell these products as their own.
Key aspects
· Operating margins close to or over 40% in the past 3 years
· Very low overhead and capital expenditure requirement
· Strong relationship with a major telecom company that has captured
16% of the small to medium-sized business market
· Partnership with a surveillance technology company to provide firmware will increase Adjusted EBITDA by $2 million to $4 million annually
Growth & Expansion
Opportunities
· Hire additional staff to take advantage of new partnership opportunities
· Company is in negotiations with a new telecom partner to provide telephony software for a new premise-based telephony server; this relationship could generate additional $500 thousand in Adjusted EBITDA per year
Market Competition:
Current markets
· The company, via its partnerships, serves small to medium-sized businesses worldwide. Enterprises that have between 3 and 500 phones are potential customers for the company´s telephony platform.
Shareholder/owner objectives
· The shareholder is approaching retirement age and would like to sell the company in order to find additional leisure time. He is willing to stay with the company during a transition period, as needed.
Location Details:
Headquartered
· Allen, Texas
Real estate
· The company leases 1,200 sq. ft. of space in an office building located in Allen, Texas from an unrelated party.