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IT Consulting Services, Software Development For Sale - Sunnyvale, California
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Profile: It Services + Offshore Software Development India.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Greg Carpenter, Broker
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| Primary Phone: |
408-385-0399 |
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| Alternate Phone: |
408-594-2368 |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/18/09 |
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| Date Last Revised: |
11/18/09 |
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| BizBen Ad #: |
138991 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$795,000 |
| Down Payment: |
$160,000 |
| Annual Revenue: |
$1,158,522 |
| Annual Adjusted Net: |
$399,622 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Company Provides It Support Services Specializing In Oracle™ Applications (Erp), Database Administration, Crm Customization, Accounting Customization For Several Platforms, And Develops Java Based Software Especially E-Commerce Sites In Its Off-Shore Division With 15 Employees. The Company's Mission Is To Provide High-Quality Solutions While Maximizing Client Return On Investment. It Achieves This On Every Project By Bringing In A Solid Team, Applying Proven Methodologies, And Providing Excellent Execution. It Provides Service To Companies In Industries Such As Hi-Tech, Bio-Tech, Software, Ecommerce, Finance And Transportation.
The Us Staff Consists Of The Owner, An Admin Person And Seven Consultants Who Work In The Field With The Customers. In India There Are Fourteen Employees Who Are All Software Engineers Plue A Manager Of The India Office.
The Owner Is A Software Engineer Who Is Very Good At Project Management, Quality And On-Time Delivery. He Says His Weakness Is Business Development, So A New Owner Who Has Business Development Expertise And Silicon Valley Contacts May Do Very Well.
The Customers Are Typically Small To Medium-Size Us Companies In The Silicon Valley Area. They Range From Venture-Backed Startups To Middle Market Companies Nearing Ipo And Some Public Companies.
The Owner's Duties Are Primarily Project Management, Practice Management And Business Development. There Is No Organized Marketing Or Sales Function And 80% Of Business Is Repeat Clients - The Other 20% Is Typically Referral From Their Client Base And From Their Network Of Acquaintences And Business Partners.
The Prospective Buyer Should Have Experience Managing Software Engineers And Consulting Services.
The Terms May Be Flexible For An Experienced Buyer Including A Possible Earnout, So Please Talk To The Listing Agent If You Have Interest.
This Company Has Grossed As Much As 6 Million In Recent Years. The Owner Projectw 2009 Revenues And Profits To Be About The Same As 2008.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Greg Carpenter, Broker at 408-385-0399 or 408-594-2368 Non Disclosure Agreement |
See All Our Other Businesses For Sale We Have Available
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Greg Carpenter with Business Team has been a business broker since since 1985 completed sale of more than 350 businesses including manufacturing, distribution, transportation, staffing, education, restaurant, catering, automotive services and retail. See all his listings and information - contact him at 408-898-0393 or 408-385-0399. |
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