The company offers SaaS that provides a solution for the management of booking and control procedures for fixed and non-fixed assets, including demonstration, loan, owned, leased and hire equipment.
The software can be adapted to meet the needs of individual clients, business sectors, products and applications on a local, regional or global level, facilitating internal and external communication, compliance management and comprehensive reporting.
Moving forward, there is potential for the software to be introduced to any industry that requires a versatile and cost-effective asset management solution, including on an international scale.
The Shareholders are offering the company for sale to enable them to explore other, unrelated opportunities in their business and personal lives.
Offers invited.
Key Highlights
- Generates regular, repeat business from nine clients in the logistics, life sciences and healthcare sectors.
- Derives 80% of its business from overseas clients in Asia, Europe and North America.
- A fully relocatable opportunity.
- Huge scope for development through continued expansion of its client base, use of in-house Software Developers, and increased sales and marketing activity.
- An excellent bolt-on acquisition for a buyer who could offer a more IT-focused approach.
Financial Highlights
- Turnover of £425k.
- Adjusted EBIT margin of 40%
- Income expected from new clients estimated at £50k-£500k
