Buyer BLI12322 Walmer Street

Shawnee Mission, Kansas 66209(913) 207-2770

Listing #: Title: Software Company

SIC Code: 7372 Category: Electronics/Computer / Computer Software

County: Confidential City: Confidential Zip/Postal Code:

Confidential

Contact Information

Chris Kerth

Business Intermediary

Office: (913) 207-2770Cell: (913) 207-2770Fax: -Email: c.kerth@murphybusiness.com-

Status Prospect

Listed Price $650,000

Down Payment $100,003

Discretionary Earnings $210,560

Revenue $259,513

Total Assets Included $6,104

Real Estate Included inPrice

No

Business Description

Highly profitable software company that has no boundaries for it's location. Can easily beoperated from a home office. The company has offered their software since 1995 and builta very stable customer base. A steady stream of residual income is produced throughannual renewals.

Facilities/Location/Real Estate

This business requires minimal operating space. Internet and phone service are needed.The current owner operates from a space less than 500 square feet.

Historical Financial Summary

Data Source P/L Statement Tax Return Tax Return Tax Return (N)Year (Cash Flow) 2015 2014 2013 2012 0Gross Revenue $259,513 $269,333 $369,102 $351,837 $0Cost of Goods $25,528 $32,940 $38,616 $38,891 $0Gross Profit $233,985 $236,393 $330,486 $312,946 $0Expenses $119,563 $103,686 $107,454 $108,642 $0Net $114,422 $132,707 $223,032 $204,304 $0Owner Salary $60,000 $60,000 $60,000 $60,000 $0Benefits $0 $0 $0 $0 $0Interest Expense $0 $958 $0 $0 $0Depreciation $25 $49 $1,375 $1,924 $0Total Add Backs $96,138 $87,997 $89,763 $89,599 $0Owner Benefit $210,560 $220,704 $312,795 $293,903 $0

Reason For Sale

The seller has been less involved in the business in recent years and is planning to retire.

Products, Services & Licenses

No employees - The owner and a part time office position in a subcontracting role fulfill the daily operations. The duties provided by this contractorcould be completed from any virtual location. The individual who currently holds this position would like to assist with the transition and continue withthe new operator. The technical aspect of the business is provided by a team of software programmers who are also contracted. The team knows thebusiness and has worked with the company since 2005. The Seller will provide 8 weeks of initial training and occasional consulting long term which willbe more than adequate for the new owner.

Operations Location

Year Established 2000 Type of Location Home Based

Year Owned 2000 Square Footage 500 Form of Ownership Corp Sub S Lease/Month $0 Lease Expires -Absentee Owner Yes Terms & Options -Hours Owner Works 40 Relocatable YesDays & Hours 9 to 5 Mon through Friday Home Based YesNumber of Employees - ft 1 pt Franchise NoManagers -

Assets/Liabilities Amount Included in Sale Amount Included in SaleAccountsReceivable

$ No Real Estate $ No

Inventory $ Yes Liabilities $410 NoF F & E $6,104 Yes Other $ -Leasehold $ No Total Assets $6,104

Assets/Liabilities Comments

The value of this business is in its client base, excellent reputation and the proprietary methods. The necessary equipment needed to operate isincluded in the sales price.

Financing/Terms Lender Prequalified: Assumable Notes Amount: $0 Mos: 0 Rate: 0.00% Mo. Pmt: $0Seller Financing - Business Amount: $60,000 Mos: 36 Rate: 8.00% Mo. Pmt: $1,880Third Party Financing Amount: $0 Mos: 0 Rate: 0.00% Mo. Pmt: $0Seller Financing - RealEstate

Amount: $0 Mos: 0 Rate: 0.00% Mo. Pmt: $0

Financing Comments

Seller financing only available to qualified buyers

Non Compete 300 miles 3 years

Training & Support 8 weeks 0 costs

Competition

Although the company is the industry leader, only a small portion of the market has been penetrated. Other competitors in the industry are unable toduplicate this proprietary process.

Potential for Growth

The market for this software is enormous and includes a large number of businesses throughout the United States.

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