Business Overview
Seeking a
purchaser for this established web development business. Over the past 15+
years, our client has built a unique business with a reputable and trusted brand.
The business is profitable and offers a range of web development services to
both large and small businesses. Core skills include Magento 2 ecommerce development,
plus specialist migration and integration of e-commerce websites with proprietary
ERP systems operating on the AS400 platform and other legacy systems.
Long Established Business & Brand
The business
primarily works with enterprise businesses offering three core services, these
include:
High level of recurring revenue
The vendors are involved in the day to day activities of the business and are currently supported by a strong team. Our clients are happy to agree a mutually agreeable handover period if required by the purchaser.
Reason for Sale
After running the business for over 15 years, our clients believe the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level.
The Opportunity
Ideally, we seek an acquirer with the
requisite experience and resources to take this business to the next level.
Consideration will also be given to buyers with strong market or client
synergies looking for a ‘bolt-on’ business that can add value to existing operations.
Price
Offers are invited for 100% of the business shares (All offers to be based on a cash free/ debt free basis)
The Next Steps
On completion of our non-disclosure agreement and supporting information,
qualified parties will receive further information on this business. We
recommend a meeting with the vendors at the earliest opportunity to avoid
disappointment.
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