Stratus Fault Tolerant Software and Support

General Information

Description:

Business provides custom software and support services to banks, credit cards companies, (many of whom need settlements overnight), and telecommunication companies. This Thirty-two year old Business has recurring service contracts, focusing exclusively running their software on Stratus Technologies’ fault tolerant computer https://www.stratus.com . Business comes with an extensive international financial clientele with a revenue made up of over 70% of the revenue is recurring contracts for products and services. Business has four employees, including one of the owners who are willing stay on for a meaningful training and transition period and potential long-term arrangement. Other owner is selling to retire. Buyer should have familiarity with fault tolerant systems. This is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. For more information contact Robert Howells at 210-348-8989 or info@BBofSA.com.

Financial Information

Asking Price:

Negotiable

Down Payment:

Negotiable

Annual Receipts:

$469,000

Cash Flow:

$283,500

Mortgage

Seller Financing:

Negotiable

Franchise:

No

Home Based:

Relocatable:

Business is relocatable

Year Established:

Over 20 years old

Year Acquired:

Over 20 years ago business was started by the Sellers.

Employees:

3FT and 2PT

Building Information

Building Sq. Footage:

Storage for computer

Monthly Rent:

$200

Real Estate Available:

No