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Developer Of Cloud-based Equipment Rental And Tracking Software For Sale

UK
Asking Price:
Undisclosed
Turnover:
Under £50K
Net Profit:
Undisclosed

The company’s feature-driven asset management software can be integrated into businesses of all sizes. The platform imports and migrates data; generates reporting analytics; creates purchase orders, invoices and reserved asset lists; and enables users to create and share documents.

An open API interface facilitates the implementation of bespoke functions and layouts, as well as incorporating third-party applications.

Our clients are now offering the company for sale to facilitate a planned exit strategy and further business growth under the impetus of new ownership. Offers invited.

Key Highlights

- Operates internationally in the events, plant hire and miscellaneous hire industries.

- 435 active clients; 2,200 users.

- Built up a wide-ranging sales network that spans Europe, Australasia, Africa, Asia, North America and South America.

- Strong client retention rates bolstered by multilingual support and user training.

- Works with numerous prominent events venues and blue-chip entities.

- Two shareholders will remain post-sale; the CEO’s responsibilities can be absorbed by the existing team.

- Operates from leasehold office premises in South East England; can easily be relocated.

Financial Highlights

- £423k YE23 turnover.

- £819k forecast YE25 turnover.

- 100% of clients retained on flexible monthly / annual subscriptions.

Property Information

Property:

Leasehold