INDUSTRY

Business Applications Software

BUSINESS SUMMARY

Bespoke Software Company - Specialist Therapy Services IT Solutions to the Health Sector Confidentially offered for sale Ref No:IU102 Location: Cheshire Asking Price: O.I.R.O £345,000 This young and dynamic company was set up some two and a half years ago and has quickly developed an in-depth knowledge and expertise in working within the social and healthcare markets. The business produces software for health management for the NHS and private healthcare organisations. Their main product offering is currently in it's 4th year of continual research and development, a lot of the initial development being carried our prior to the formal incorporation of the company. The company has already worked at all levels across most health organisations within the UK and has all the necessary skills to serve this huge market. Whilst in its infancy the owner of this business has a wealth of experience of serving the UK health service having previously worked for a large international company within the sector. This business specialises in delivering solutions for Therapy Services in particular but has also helped Trusts in other clinical and non clinical business requirements

	BUSINESS FINANCIALS
Asking Price: 345,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
To date the company has undertaken very limited sales and marketing. This has been addressed recently with the new business development consultant being taken on to improve brand/product awareness through direct mail and telesales. As part of this the business has developed a brochure and detailed DVD offering to compliment the highly informative website.
	DETAILS ABOUT THE SALE
Support & Training The owners will provide full business familiarisation, training and handover as required to ensure a smooth transfer of the business to new owners. Length of time to be negotiated at time of sale. The vendor would also be keen to retain a share within the business if possible subject to negotiation. This would also ensure continued software development of the products. Reason for Selling The vendors are looking to move abroad. The business is now at the stage where it requires additional investment in resource (sales staff, marketing, administrative staff etc) to fully develop and exploit the many opportunities at its disposal. Is Management Willing to Stay? No Are You An Intermediary? No