Retail Technology Business For Sale

www.GlobalBX.com

Listing ID: 700143634

Listing Title: Retail Technology Business For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=143634

Industry: Technology – Internet Related

Industry Segment: Web Design and Software Development

Country: United Arab Emirates

State / Province:

Area

City: Abudhabi

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $2,000,000

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1999

Number of Employees: 20 - 34

Business Description:
The company specializes in providing solution to medium/upper medium retailers with end to end solution. The company has been around for many years, with hundreds of installation. Currently substantial portion of the revenue stream is generated from maintenance fee. As everyone knows retail has been the most resilient during recession and being solution provider to such industry has been truly risk free. Ideal for companies who want a strategic move to get into a different vertical or those who want to get foot hold to a different geography area. The company does business in the whole of middle east region region and far as Africa and the Asian market. The company also owns various other software products, with smaller customer base. Currently looking for strategic partnership, investment, acquisition as the owners have concentrated mostly on product development and neglected the marketing. Immediate revenue potential, plus possibilities of increasing multiple times the current turn over. Most sales in the past years have come from referrals. The interested must be ready for investment of $2.5 million or more. Contact for more information on this retail technology business for sale.



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