Software Publisher For The ERP, Food, and Manufacturing Industries

Financial & Assets Details

About the Business

Business Description

The company develops and implements industry-focused integrated Enterprise Resource Planning (ERP) software. It specializes in industries such as food processing and equipment manufacturing where safety and quality control are mandated by business and regulatory requirements. Its proprietary software is a critical application for manufacturers that require a high level of quality control, detailed batch record keeping and traceability. In addition to software publishing, the company provides consulting and support services and is a reseller for several third-party software applications.

Growth & Expansion

· Increase sales and marketing
· Increase target marketing and lead generation
· Expand into the medical device manufacturing industry
· Hire more skilled employees and developers
· Develop new relationships to increase channel distribution
· Further improve technology and integrate other ERP systems
· In the process of developing mobile (.net) system
· Penetrate the growing oil and gas equipment industry
· Increase recurring

Market Competition:

· Great reputation and customer references
· Double digit growth for over a decade starting 2005
· Serves niche market: Manufacturers and Food Processors
· Industry trusted product and service capabilities w/ specialized functionality that can support needs of large market industries
· Proprietary software application that generates 24% of revenue
· Major provider of ERP consulting and support services
· Reliable partner relationships that provide sales leads
· Well-defined, repeatable methodology that allows for reliable implementation of its software
· Able to implement software faster than competitors

Location Details:

Real estate
· The company leases a 4,177 square foot space in a professional office building from an unrelated third party.

Headquartered
· Texas

Reason for Selling:

Shareholder/owner objectives
· The sole shareholder seeks a full sale of the company to find balanced life-style and additional time with family. Ideally, the owner prefers to leave the company a year after the sale but is open to remaining for up to three years to ensure a smooth ownership transition.