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#Business ID: 12820

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Software & IP with revenue of $1.6m

Business Location: Delaware, United States

Asking Price: $ 120,000 Revenue: $ 1m to 5m Cash Flow: $ 500k to 1m

Business Summary

We would like you to exclusivly own the software, original IP (Source code) and distribution rights for the software for the whole of the U.S.

With a target market of 1,140,836 hair and beauty salons in the U.S. with the option of expanding into clinics, tattoo studios and other parallel markets at any point.(it is literally a 1 off purchase, no ongoing licencing)

3 years in development, built to Microsoft Gold Partner standards, and massive investment into this all-encompassing software product.

We are the exclusive developer and sole distributor of a superb software application in the UK market. The software tackles the most demanding of businesses, pulling together a set of software modules that combine into a superb management suite.

Sales of the product in the UK have been exceptional considering we’re primarily a software development company, but in 2 years with only 1 person working part time on sales we have established over 500 sites, which translates to over $1.6 million + in revenue, with no licence fee to pay to any distributor, so we very quickly recouped our initial investment. The UK has 42,000 salons compared with 1,140,836 in the U.S.

The software consists of a comprehensive suite of modules that make light work of:

Appointment booking
Employee Management & Reporting
Customer relationship Management (CRM)
Customer Loyalty programmes
Client retention & pre-booking
Service times and prices
Inventory with re-ordering
Marketing (via mail merge, SMS text message or email)
Unlimited security levels
Comprehensive reporting on all sections, with cross reference information
Plus much more….

Industry areas that we have deployed the product are:

Beauty Salons
Hair Salons
Spas
Nail Bars
Private Cosmetic Clinics
Tattoo studios
Dental Practices
Dog Grooming Parlours

The intention from initial concept was always to build a framework of a product that was flexible and lightweight enough for our development team to migrate the product into many parallel markets. This early concept in the design process has allowed us to ‘white label’ the product, so we have several brands that we distribute in different market sectors. The product has been developed using C#.NET 4.0 with a SQL server database.

Pricing for the software licences start at $1000 per licence and increase to $2500 for the Elite version software and up to $5,000 for a full system including Point of Sale and PC. Additional workstation PC licences are $400-$600 each, so, for example, if you have a clinic with 10 PC’s, you would be looking at around $8500 for software alone. (WITH NO COST TO YOURSELF AS YOU OWN THE LICENCE)

Once you have sold the software to the client, you then have the monthly support subscriptions that bring in month on month revenue for you business... over 80% of our clients choose to pay support revenues of between $50 and $99 per month…

THE OFFER

We would like to give you the opportunity to emulate, but potentially eclipse what we have achieved in the UK, by giving you the option to own the original IP (Source code) and distribution rights for the product for the whole of the U.S.

We have earned the equivalent of $1.6 million in licence revenue from this product and associated sales….. You have the opportunity to do the same with far less of an outlay that we initially invested!

There are 1,140,836 hair and beauty salons in the U.S.

http://www.ibisworld.com/industry/default.aspx?indid=1718

We have calculated that if, in a worse case scenario you got just a tiny 1% of the market, (based on the 1,140,836 salons in the U.S. ) and charged ONLY $500 per licence, which is half of what we charge for a licence in the UK, this would bring in software revenue of a staggering $5,704,180… and that is just Hair & Beauty salons.

You then have your Cosmetic Clinics,

http://www.cosmeticplasticsurgerystatistics.com/statistics.html

Tattoo studios http://www.statisticbrain.com/tattoo-statistics/

Also, other parallel industries listed in our opening paragraph, can be targeted whenever you want to make that move

So, you would receive the full source code for all products, which include; the Premium and Elite versions of the software, online booking and the mobile application. It will also include the encryption software for generating the keys to unlock it, together with a website if required.

The cost to you…. Once you own the IP & software? As the licence & IP holder this would be $0…. and a $2500 licence can be produced using a software encryption application in around 30 seconds, which is a very healthy hourly rate!

The business could literally be run from anywhere, as ALL our sales are done remotely by logging on to the clients PC and giving a complete and in depth demonstration over the phone whilst showing them on screen. We currently convert around 50% of our web enquiries to a sale, so we have good conversion rates for “non-sales people”

This is an opportunity to own the FULL IP and SOURCE CODE for this exciting and very flexible software product and have sole distribution rights for the whole of Canada including all the parallel markets. You can quickly establish several brands that will bring significant sales and annuity revenue. There are several revenue streams associated with the product:

Software sales - The licence sales of the products (Premium & Elite versions + Online booking).

Hardware sales - There is also the option to sell the hardware, this includes 2 areas, PC sales and also the EPoS (Electronic Point of Sale).

Training - Training is another lucrative area of the business with most of the training done by remote logon and chatting to the client on the phone, there is very little overhead and training is currently charged at between £100 -£300 per day.

Support & software upgrade subscription - Once the client has taken the software, after a grace period of 30 days, we then offer the support and upgrade subscription, which will cover any technical support questions that the client has and upgrades to new releases of the software.

Text Messages – For marketing and appointment reminders, we are currently selling 50,000 SMS text messages per month.

There is a fantastic opportunity for the right company with a sales team or potentially focused individual to establish a superb product into the U.S. market with the exclusive rights to OWN and sell the product across the whole of U.S, in as many “white label” parallel markets as you see the potential for.

We are looking for offer in the region of $120,000 for everything.

In the first instance please contact us through Businessforsale.com and we will be delighted to send you a full information pack about this fantastic opportunity.

Property Details

Years Established:

5

Business Operation Details

Employees:

4

Trading Hours:

6-Sep

Relocatable:

Business Relocatable

Miscellaneous Details

Financing Available:

Yes

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