Small Asset Tracking Software Company with Fortune 500 clients
Illinois
| Asking Price: | $899,000 |
| Gross Revenue: | $353,000 |
| EBITDA: | $197,000 |
| Cash Flow: | $197,000 |
| Rent: | $1,350/Month |
| Established Year: | 1987 |
Listing ID: 2306076Listing provided by BizBuySell
BUSINESS DESCRIPTION
Great Tuck-In Opportunity
This company, established in 1987, specializes in software, hardware, and service solutions that
automate the management of movable assets. With a strong focus on refined fixed asset tracking, their software is trusted by over 70 clients to simplify asset tracking. The company has a proven track record of delivering successful end-to-end asset inventory solutions across various sectors, including government, education, non-profits, healthcare, and Fortune 500 companies.
This opportunity is ideal for strategic buyers seeking to expand their portfolio with a
well-established company in the asset tracking space or integrate this proven technology to broaden an existing solution.
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
807
Lease Expiration
28/02/2025
Employees
3
Facilities
Software company with clients throughout the USA. Employees can work remotely.
Competition
The Asset Management Software market has been growing steadily, driven by the increasing need for organizations across various sectors to optimize and manage their assets efficiently. Asset management software enables businesses to track, monitor, and manage physical and digital assets, leading to improved decision-making, reduced costs, and enhanced asset lifecycle management. The market includes software for both fixed and movable assets, with sectors such as IT, healthcare,manufacturing, education, and government being key adopters.
Growth & Expansion
• Integrate stable, scalable asset tracking application into existing offering
• Opportunities to increase pricing, especially for long-term desktop clients
• Potential to charge for mobile app access (currently free)
• Leverage high margin inventory services by cross selling into existing client base
• Cloud version pricing typically 2-3x higher than desktop
• Education (particularly community colleges) identified as primary
target industry
Financing
Seller note for small part of the acquisition price
Support & Training
Owner is willing to stay on for a transitional period to assist with client demos and support efforts to secure new clients, ensuring a smooth handover and continued growth. Owner willing to work under a consulting agreement negotiated with the new owners.
Reason for Selling
Owner started the business in 1987 and is ready to retire after a period of time
Report an Issue with this listing
