IT Software Company , No 2 in Belgium market.

Asking price €495,000.00

Financial data

Turnover / Revenue €300,000.00
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) €175,000.00
Profit margin +/- 50%

We are offering a reputable IT application/software vendor for sale, specializing in planning and time registration solutions, which ranks second in Belgium, has been developed in three generations of software, and serves 80 to 100 stable, long-term customers throughout Belgium, with a parent company operating throughout Europe. </br?

The company has achieved a CAGR of approximately 20%, supported by a clearly defined recurring revenue base, very good margins, and a diversified portfolio of mainly medium to large customers. Current commercial momentum is strong, with very good confirmed open orders of 90,000, an extra strong qualified pipeline of 70,000, and approximately 100,000 additional leads. Excellent customer mix spread across Belgium, all customers generate very good revenues, with a very high chance of cross-selling support services.</Br>

The operations are growing and efficient, majorly automated,  proven sales and support model that guarantees continuity and scalability. 2 x supprot engieers working with parent company supporting all the clients. 

Growth to date has been achieved with sales efforts and automated marketing, presenting a clear opportunity for a strategic acquirer to significantly accelerate expansion through targeted commercial execution, cross-selling, and integration into an existing product or service portfolio. </br>

The sale is motivated solely by strategic considerations. The shareholder's other activities in a different geographical area have grown significantly faster than expected and now require full attention to support the next phase of growth. As a result, it has been decided to transfer these activities to a new owner who can actively focus on expanding the strong foundation and untapped commercial potential. First come, first served. Appointments are only possible in Antwerp after 11 a.m. on business days. </br>

IT Software sales & Support in specific sector which can be scaled to other sectors.

The reveune can grow past 1 Million in 1 year with focused sales, last 3 -4 years 20% yoy.

Unique features

  • Fully Automated operations
  • Automated Invoicing
  • Automated offers
  • Automaed Marketing Engine and Customer Promotions.
  • Automated Client engagement.
Location
Antwerpen, Antwerp
Legal form
Company
Number of employees
1
Customer type
B2B (Business to Business)
Active since
2000
Real estate included
No
Translated from
Dutch
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