Software Solutions Provider

Business Opportunity - Software Solutions Provider

We are instructed to invite offers for the total assets of a software solutions provider, with a view to carrying out a pre-pack administration sale.

We are instructed to invite offers for the total assets of a software solutions provider, with a view to carrying out a pre-pack administration sale.

The Company operates from leasehold premises where there are nine employees, whom we assume will be TUPEd across to the buying company.

Turnover has dropped over the last few years to its current level which is a little over £1M per annum and the Company is suffering from significant losses. Customers pay annually in advance for licensing as support which means the buyer will likely have to service those customers until renewal.

The Company owns very little in the way of physical assets.

The bidding deadline is Thursday (of next week), 20th February 2025. The guide price is £50,000 to £100,000.

Interested parties should email jonathan@robsonkay.co.uk requesting an NDA. Please note we will only deal with principals, not agents. The identity of the bidding entity must be disclosed when asking for an NDA.

The successful bidder will need to be in a position to complete and pay in full shortly after their bid is accepted, which means proof of funds will be required at an early stage.

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