Services - Computer & Software | Internet - Software

Asking Price	$1,965,000	Inventory
Gross Income	$1,229,131	Real Estate
Cash Flow	$522,146	Year Established	1993
FF&E	$100,000*	Employees	6

* included in the asking price

** not included in the asking price

This world class, technology business is a leader in the development of secure, infrastructure software for the Electronic Transaction Processing industry. Applications range from healthcare to electronic banking to Government to the gaming industry. The owner is semi-absentee, spending 4-5 hours a week in the office, while his 48 year old General Manager runs the day to day operations. The owner has not done any programming for over 10 years. He is retiring. They employ top programming talent and have exceptionally low turnover. Their clients include some of the largest and most elite corporations in the world ranging from oil company behemoths to billion $ healthcare corporations to Casino Gaming companies to Federal Government agencies. The Electronic Transaction Processing industry is driven by more speed and security. In Law Enforcement, quick, accurate information is often the most critical factor in preventing crime and terrorism. Likewise, financial institutions are in a long distance race to stay a step ahead of the increasing sophistication of criminals who specialize in identity theft. Consumers use of cash is dramatically declining, as they migrate from cash payment to card-based payment options.

Facilities: The firm occupies a spacious 2400 square feet office in Phoenix. It is conveniently located just off the expressway. Their lease is year to year, renewable on an annual basis.

Competition: This is a niche business with limited competition. This firm does not have a salesperson and has never prospected for clients.

Growth/Expansion: This would be a terrific business to grow and then sell in 3-5 years to a larger company or a Private Equity firm. This is a great opportunity for a buyer with marketing or administrative skill. You have a terrific staff to handle the programming and can devote a major part of your efforts into making the business grow.

Support/Training: As required

Reason Selling: retirement