Summary
- Asking price:
-
> $500k < $1.5m
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- > $500k < $1.5m
- Cash flow:
- < $500k
- Years established:
- 23
- Employees:
- 7, including the owner.
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
The Solid Approach to Route Accounting
Business description
Update: Nov 21/09 - Strategies and relationships established over past 2 years just beginning to show clear, positive results.
Successful, small profitable software business with valuable links to business partners, deep roots in route accounting market, key websites, a wonderful staff, and a great location (top 10 in Canada). Owner in good health and seeking a working partnership that:
1. Will drive the growth that is just now becoming apparent and a direct result of strategies started over 2 years ago, and ...
2. Will allow a planned retirement over a period of years with new leadership.
Purchaser should have:
1. A keen interest in growing and developing an ERP connected system for business.
2. The ability to grow alliances within business groups particularly through strong people and sales skills.
Property information
- Real Estate:
- Lease
- Lease terms:
- Month to Month. Business has been located in the same location for 8 years. Rent is stable and there is plentiful space in the small office rental market. Rental price includes utilities, taxes, power, and parking. There are no other fees to pay.
- Leasehold rent:
- $15,600 per annum
- Leasehold rent:
- $8 per sq ft per annum
- Living accommodation:
- A wide range of housing accommodation is available in all price ranges.
Prince Albert is a great place to raise a family. Rated in the top 10 communities in Canada to run a business, it is a safe, full service community, well located to excellent outdoor recreational facilities, with great growth potential. See the company website for more information.
- Location:
- The present physical location is Prince Albert, Sk. Canada. Staff is stable and located in this community. Office is well equipped with mostly newer equipment.
Prince Albert is rated in the top 10 businesses in Canada to do business. It is full service, safe, and located near wonderful outdoor recreation opportunities. Being in the Central time zone, service both East and West is relatively easy within the local time zone.
- Premises details:
- Basic office, 1800 square feet. Rent is very reasonable with lots of opportunity to relocate both upscale or to owned premesis. Good parking. Good utilities.
Other information
- Expansion potential:
- Several strategies, begun over 2 years ago, are now showing positive results:
1. Sales Force - the company now has at least 4 strong sales people, via VAR relationships, with strong, provable potential of increasing to 20+ within a protected and established ERP market.
2. Internet based service approach. At least 50% of the business now operates on the Internet with work continuing in this direction. An additional 1 to 2 years of development in this direction should see all operations running on the Internet. This means that actual residence in Prince Albert is no longer required.
Company has excellent expansion potential, based on these key factors:
1. Marketing Partners:
- Exclusive Marketing arrangements - currently we have 4 exclusive channel partners each with their own sales force, business strategy, and proven sales results, and
- Other Arrangements - 3 non-exclusive, traditional channel partners.
2. Customer Base - company has a strong customer base which provides steady recurring revenue in the form of support contracts and sales of specialized computer equipment.
3. Software - company owns it's own software which is a proven business system with plug-ins to it's own ERP system as well as several other established ERP systems.
- Competition / Market:
- Several North American competitors, however, the company has some very exclusive arrangements and some very good business systems to build from. See "Expansion Potential".
- Support & training:
- Excellent, experienced staff. Present owner will work with incoming owner over several years as required.
- Reasons for selling:
- Owner wishes to establish a medium term (2 to 5 year) plan to establish new leadership in the business. Will consider all serious proposals from interested parties.
- Trading hours:
- 8:30 am to 5:30 pm CST, 5 days a week.
- Financing available:
- Some owner financing is available to the right purchaser.
- Furniture / Fixtures value:
- $100,000 (included in the asking price)
- Inventory / Stock value:
- $10,000 (included in the asking price)
- Website:
-
www.solid-innovation.com
- Video:
-
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Contact the seller
For more information about this business for sale, click the Contact Seller button.
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