Payment Processing/Software Reselling with Proprietary Software

Cleveland, OH
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Asking Price:$1,337,000
Cash Flow:$420,000
BUSINESS DESCRIPTION

With your own Proprietary Software, the sky is the limit!

Empire Business Advisors, a Northeast Ohio merger and acquisition firm, represents a Payment Solutions Provider Company that is available for acquisition.
The Payment Solutions Provider Company has been around for over 100 years and is one of the early pioneers in payment processing protection in the United States. Since its inception, the company has developed a robust foundation by leveraging technology to enhance financial transaction operations for a wide range of organizations. Through integration with existing accounting systems and clients’ banking relationships and a diverse service offering, the company positioned itself as a valuable partner in optimizing financial transaction processes, reducing costs, and improving efficiency for governmental, non-profit, and for-profit clients.

The company offers entities advanced, proven solutions designed to optimize transaction workflows and enhance customer experience. Their product offerings include a number of payment processing solutions for end-users and fraud prevention tools, all tailored to meet the diverse needs of organizations receiving moderate volumes of payments including government and private sector entities. By collaborating with leading manufacturers and developers, the company guarantees that clients have access to the most current technologies, which enhance payment security, streamline operations, and promote growth in an increasingly digital landscape.

The company is unique in that it represents a few different primary payment processing systems that it specializes in, each with their own special features. This allows them the ability to provide the appropriate solution to a variety of markets and therefore the best possible solution for their clients.



INVESTMENT CONSIDERATIONS

There are numerous benefits for the buyer who purchases this established business,
including:

• The company has been in business for over 50 years, and its focus has always been on providing the best quality and commitment to their customers.

• The company has outstanding relationships with hundreds of customers.

• The company has earned a reputation for their excellent customer service and services.

• The company enjoys little competition in its core markets.

• The current owner is willing to assist in an orderly transition.

• The company has experienced 20 years of consistent growth and is well positioned for continued growth and development. Because of their multiple primary payment processing systems there is a huge market that can take advantage of their services.

• The company enjoys a nice recurring revenue from its existing clients.

• No company makes up more than 3% of the company’s revenue.

FINANCIAL INFORMATION


12/30/2021 12/30/2022 12/30/2023 11/31/2024

Sales $1,112,885 $1,171,017 $1,208,962 $1,389,337
SDE $357,863 $273,677 $365,478 $548,276


PRICE

The price of the Company is $1,337,000, and included in this price is the proprietary software developed by the company.
The information contained in this document is provided solely as a guide to some of the more commonly asked questions regarding this business. The broker, or his agent, has not verified this information, and we do not guarantee the accuracy of this information.


DETAILED INFORMATION
Location
Cleveland, OH
Inventory
Not Included in asking price
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Ben
Sutterlin
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Ben Sutterlin