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#Business ID: 11783

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Rapidly Growing Technology Business

Business Location: Limerick, Ireland

Asking Price: not disclosed Revenue: € 700,000 Cash Flow: € 100,000

[Inventory / Stock included]

Business Summary


The business supplies,installs and supports a range of technology based teaching products for the education,training and business community.
The past four years have seen the the steady use of technology in the learning environment with the use of new Interactive Whiteboards and associated products set to take off.Penetration in Irish schools is still very low by comparison with there use in many European countries and in Ireland is often referred to as the last frontier for technology by the IT industry
THE BUSINESS
*Operates throughout Ireland in a niche multi million Euro growing IT secctor
*Has compelling technological and cost advantages
*Includes exclusive, all Ireland, distribution rights for one of the top international brands.
*Product voted "Best Product Ireland 2009"
*Has an excellent product and ancillary range supported by a programme for product innovation including Touch based Interactive LCDs
*Has a reseller programme in place with further expansion planned in the coming years
*Owns a sizeable and expanding customer data base
*is debt free and profitable
*Has an excellent reputation for Service and Training.

The business has thus grown rapidly since its formation some 5 years ago, while containing its costs and is regarded as one of the most knowledgeable in this field of expertise

Property Details

Size:

1000

Years Established:

5

Property Type:

Real & Lease

Inventory Value:

€ 25,000

Other Business Details

Business Location:

All Ireland

Premise Details:

Business is located in Munster but could be relocated

Expansion Potential:

The company markets its products directly to end users and spends very little on advertising.It is viewed that if an appropriate marketing programme were implemented a considerable increase in sales revenue is achievable particularly in the areas of Training and Special Needs

Business Operation Details

Employees:

5

Trading Hours:

Mon-Fri 9-6pm

Support & Training:

Owner will stay on to give training and introductions

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Owner retiring

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