Computer Systems House Software Developer Providing Software/Hardware For Sale

Business description

Computer Systems House Software Developer Providing Software and Hardware Solutions for the Retail Industry
Specialist in POINT-OF-SALE and CHIP&PIN


With over 10 years of experience , this opportunity has successfully developed in-house software solutions for the Retail Industry and has a mature installed user base which has proven the products in terms of reliability and flexibility.

The company provides ONE-STOP turnkey solutions and services to a nationwide user base, which include software, hardware, networking, installation, training and a full 7 day support service.

The companies success is based around the SOFTWARE SYSTEM which is developed fully in-house using state-of-the-art proprietary development tools.

The products are designed to run on the WINDOWS XP/VISTA/2003 platform and are scaleable such that they are a ‘one fit fits all’ suitable for single till, multi-till and multi-branch-multi-till operations.

The Software utilises a cost-effective modern proprietary DATABASE product well suited to the needs of the Retail industry.

The company’s software products are geared to the Retail Sector and cover all aspects of Retail IT, but they are successfully employed in Wholesale, Trade Counter and Cash & Carry applications.

Software Products

• Front-Office Point-Of-Sale (EPOS) including all aspects of front office retailing requirements from Multiple pricing, promotional pricing and promotional packages to handling of layaways, customer orders and transaction delivery between remote sites and Head Offices using parameter driven selectable options.

• CHIP & PIN EFTPOS. Fully accredited transaction processing & delivery system using proprietary Pinpads with our own software interface. Accredited with most major banks.

• Back Office functions covering Cashier, Purchasing, Stock Control and extensive Reporting.

• Head office systems holding multi-branch data providing full Management Information on Sales and stock.

• Interfaces to third party products including SAGE accounting system.

• Interfaces to WEB based applications are also available

• Networking . Local and Wide area Networking are facilitated to provide fast and efficient connections between sites and Head Office providing up-to-the-minute Sales & Stock information from any point.

For prospective buyers further details of the full functionality of the software portfolio can be obtained through Turner Butler.

Hardware

The company supplies premium hardware to its clients and uses high quality products.

The Company provides Network Services and ancillary hardware requirements like Routers, Modems and switches and has strong in-house Networking expertise.

Clients:

The flexibility of the software is reflected in the variety of clients, which include Pharmacy, Department Stores, Convenience stores, Fabric Retailers, leading Fashion Retailers and various Speciality stores.

The Company operates primarily in Tiers 2 and 3 of the Retail Sector - which is by customer numerically the largest - where it’s products are able to satisfy variable sizes of operations from 1 to in excess of 250+ tills. The secondary area of operation is in the Wholesale, Cash & Carry and Trade Counter environments where customer based VAT ex pricing is available.

The Company’s client base includes single till stores, multiples with in excess of 70 stores and Department stores with up to 50 tills, and includes several blue chip customer accounts.

Technology:

The Development tools are state-of-the-art developed by a global provider who has a full commitment to onward development. Skills in this development environment are widely available in the market place.

The software technology supports touch-screen operation, the usual Bar Code handling, handheld devices etc and provides the means to easily adapt to the on-going and future needs of the retail sector.

The software has been designed with Internationalisation in mind and can be easily modified to achieve the same.

Property information

Location:

The substantial premises are leasehold and comprise of 4,000 square feet spread over two floors, with offices, staff room, kitchen and toilet facilities. The leasehold is renewable and approximately £7,000 per annum.

Situated on an Industrial Estate there are numerous free parking spaces included in the lease and the location offers ready access to the Motorways networks.

Other information

Expansion potential:

The Company owns all its Software Code and can develop without constraints.

The Development technology tools are up-to-date and on-going development of the technology is roadmapped to keep them abreast of all the latest technology like Windows Vista Operating System etc.

The Software products are Scaleable making them suitable for single till to multi-branch-multi-till operations.

The Company has strong expertise in WAN and LAN networking.

The Company has a loyal customer base which has grown steadily since the commencement of the business.

The market place in which the company competes is mature and the product portfolio of the company is compatible with market demand.

The Company has a loyal and dedicated portfolio of staff with a core in the 30 to 35 year age group.

CHIP & PIN is a mandatory requirement in the market place and the company is well placed with it’s offering which has accreditation by the major banks.

The company’s products cater for EXPORT, foreign currency and VAT handling.

The company’s products facilitate VAT exclusive and VAT inclusive requirements to cater for a wider target user base.

Competition / Market:

In the main business has been gained through referrals . The introduction of a Website, designed to showcase the Company and it’s product portfolio, now provides the Company with a regular supply of good quality leads.

Support & training:

A team is in place to support the new owner.The owners are happy to assist with full hand over and the training to ensure a smooth transition of the business to its new owners.

Reasons for selling:

The Vendor has started this company from scratch, and it now celebrates an established and loyal customer base, with tremendous opportunities for substantial further expansion. He now considers that the time is right for a purchaser to bring this business up to its next operating level