Software Manufacturer - SOLD

Part of $9B Healthcare Automation Industry
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Asking Price: $815,045
Discretionary Earnings: $143,611
This company produces some of the finest automated technology among government and healthcare organizations.
The company continues to attract lucrative marketing partners and active resellers as well as a steady stream of new customers
Profits have been reinvested into R&D to enhance the high quality products and to develop custom software applications in the United States and abroad.
Software products are being adapted to accommodate a greatly diverse marketplace and to increase its share of this 9 billion dollar per year industry: from medical and dental to government and service professionals, truly a niche industry with tremendous expansion capabilities in the United State and overseas.
Reason for Selling: Retirement
Facilities: The company is located in a 2,297 sq. ft. free standing building which is available for lease or purchase. The lease is $2300.00 per month. The building is on a busy street and reasonably close to the freeway. There are 8 Full-time employees.
Financing: Seller prefers all cash.
Value of Inventory: $5,000 (incl)
Value of Equipment: $165,000 (incl)
Market Outlook/ Competition: Competition consists of approximately eight small to middle sized companies worldwide. The company is putting out new versions of its product in a few months and going to a browser based system.