MIDWEST MANUFACTURING SOFTWARE DEVELOPER

Midwest Manufacturing Software Developer

 
NVC2253 

About the Company

This fast-growing Midwest software developer provides manufacturers with customizable systems that gather automated production data, integrate it with other business systems, and make it accessible and meaningful at the plant floor, management level, database and beyond. Its connectivity software simplifies and streamlines manufacturers’ production monitoring, recipe management, quality/statistical process control and work instructions. The software allows clients to maximize efficiency and profitability and more accurately determine return on investment. The Company has developed loyal customers across a broad geographical area in the U.S. and internationally and presents a strong growth opportunity for a new owner. 

GROWTH OPPORTUNITIES

Rising sales – Sales have grown substantially over the past three years, with another good year forecasted for 2024. 

Enhanced marketing – Current sales are primarily through word of mouth and marketing is practically nonexistent. The Company’s website is also overdue for a refresh. An increased focus on sales and marketing could boost revenues. 

Product development – The Company continues to improve and add features to its software products, oftentimes at the request of customers. 

INVESTMENT HIGHLIGHTS 

Customization – The Company understands customers’ unique needs and customizes software to fit them. 

Talented staff – Employees have the programming skills and product knowledge to please even the most demanding customers. 

Widespread sales – Sales are spread geographically, with about 40% in Michigan, 40% elsewhere in the U.S. and 20% international. 

REVENUE AND EBITDA

  2021  2022  2023  2024 Pipeline 
Revenue  $440,000 $1,000,000 $1,800,000 $2,500,000
EBITDA  -$80,000 $200,000 $700,000  

INTERESTED?

If this opportunity fits your Company, please fill out the below NDA to get started and contacted with more information.

 

Contact us for more information!

NuVescor Group

(616) 379-4047 Ext: 106

ELECTRONIC PROCESSING SOFTWARE PROVIDER

ELECTRONIC PROCESSING SOFTWARE PROVIDER

This nationwide Company has developed proprietary software and processes for paperless, electronic management of sensitive data that is embraced by customers across the United States. This Company has created phenomenal and steady sales growth that has made them first in their service niche. The Company’s affordable, efficient, easy-to-use, secure, web- based product is authorized to directly integrate with the database of a federal agency in its field. The proprietary software provides for complete electronic management, from origination, to resolution. The Company’s faithful customer base of governmental entities includes more than half the U.S. states, hundreds of counties and municipalities, plus numerous national and state level professional organizations.

GROWTH OPPORTUNITIES

Market share potential –This Company has seen an exponential growth rate, with some years exceeding 35 percent. Its growth potential is nowhere near capped. With a market of over 20,000 clients, only 5,000 are currently using the Company’s software and process.

Industry leader — In a field with high industry entry barriers, competitors have demonstrated the lack of ability to match the Company’s service level and price. The greatest sources of new business are customers dissatisfied with an outdated competitor’s product.

Strong reputation — New sales are driven primarily by word of mouth from loyal customers rather than marketing.

INVESTMENT HIGHLIGHTS

Customer loyalty – The Company has a national customer base that is gained primarily through strong reputation, treating clients with respect, and providing clients with a product they can afford. Over 10+ years the Company maintains a very strong customer retention record. State contracts have always been renewed.

Unique solution — The Company offers proprietary software and processes, which enables customers to directly integrate with the database of a federal agency. This allows customers to work efficiently, reliably, and securely. What previously took days to complete, now only takes minutes.

Spot-on software – With extensive knowledge of proprietary software, processes, and user needs, the Company offers its product to customers, enabling them to do their jobs efficiently, reliably, and securely.

 2019 Revenue: $1,850,000
2019 EBITDA: $1,300,000

MIDWEST-BASED DOCUMENT SOLUTIONS COMPANY

MIDWEST-BASED DOCUMENT SOLUTIONS COMPANY

Our client is a leading company in the field of providing document management solutions via document imaging services and secure document storage to a wide range of customers. The company benefits from recurring revenue generated by its long standing, contractual relationships with its clients. A 5-year contract was recently renewed with the company from one of its main customers. The Company brings a high level of expertise and wide array of specialized document solution services.
The Company presents a customer service oriented new owner the chance to continue a tradition of success.

GROWTH OPPORTUNITIES

Boost Marketing – The Company has had success with limited marketing but is currently developing strategies to tap the larger market of organizations who need to process ever-increasing amounts of information.

Increased Sales of Digital Services – The Company is well positioned to leverage its expertise to grow sales of digital services.

INVESTMENT HIGHLIGHTS

Expanded Sales Can Provide High-Margin Revenue – The Company has a large, fixed-cost investment in IT and security systems. New sales with minimal incremental costs provide the opportunity for high margin new revenue.

Established Company Limits Competition – New companies in the industry do not have the experience and technology to handle the high volume, breadth of capabilities and specialized services that this Company is positioned to process. The Company has a dedicated and knowledgeable management team, seasoned sales staff and a well-established reputation. Ownership is willing to work with a new owner to establish a transition time frame.

Forecasted 2019 Revenue: $6,500,000
Forecasted 2019 EBITDA: $1,400,000

WEB-BASED EDUCATION AND TESTING SERVICE

WEB-BASED EDUCATION AND TESTING SERVICE

This provider of on-line education and testing solutions has experienced remarkable, steady growth by applying technology and solid customer service while gaining a high level of customer loyalty. The Company’s web-based product enhances communication between students and educators and tracks training accomplishments for certification in allied health fields. The Company has grown without incurring debt and continues to operate with very low overhead. It holds a commanding share of its core market nationally. Based in the Midwest, the Company serves clients globally and the founding partners are available for transition assistance. This opportunity offers an exceptional business poised for continued growth with minimal additional capital expense.

GROWTH OPPORTUNITIES

Continuing Market Expansion – The Company has a solid history of debt-free growth through increasing market share and providing new services. Expansion into new educational and testing disciplines is already underway. Existing operations could support a 30 percent sales growth without increased operating costs.
Replicable Model in Multiple Fields – The Company’s products, now focused on medical education and testing, are readily scalable and customizable for a wide variety of other educational tracks that require documentation of training and certification of skills.

INVESTMENT HIGHLIGHTS

High Level of Customer Loyalty – Company services inherently encourage retention once the proprietary applications are in use by teachers and students. The Company also enhances loyalty through a commitment to quality and customer service, leading to a retention rate of 90 percent.
Low-Overhead Operations – Company systems are based on the latest web technologies, requiring only limited physical operational costs for facilities and equipment, with employees able to work at remote locations.
High-Value Knowledge Base – The Company has developed an extensive, well-regarded bank of testing materials that would be difficult, if not impossible, for another company to replicate and are a significant asset for a new owner.

WEST MICHIGAN-BASED EDUCATIONAL FRANCHISE

WEST MICHIGAN-BASED EDUCATIONAL FRANCHISE

This franchise operation provides personalized tutoring for pre-K through 12th grade students in all core subjects through multiple, well-established learning centers in several geographic areas of the region. The Company is an award-winning operation representing a world leader in supplemental education. Current trends in the educational system for testing and achievement, along with growth in the school-age population, support strong continued demand for the Company’s services. Being part of a national franchise gives the owner access to an established curriculum, robust marketing program, and a large network of owners to assist with all areas of operations and continued growth. This purchase presents an excellent opportunity for someone with a passion for both business management and education. Ideal ownership can be an individual or team that encompasses both traits.

GROWTH OPPORTUNITIES

Strong Franchisor Support – Highly supportive franchisor can support flexible growth opportunities. The franchisor will work with the franchisee to grow both in-center and out-center opportunities or into undeveloped territories.

Geographic Market Potential – The exclusive territories controlled by this franchise are much larger than traditional territories granted franchisees and are located in economically robust regions of the state.

INVESTMENT HIGHLIGHTS

Multiple Established Locations – The business operates in attractive facilities in prime locations either held with long-term leases or owned by a related entity and available to be included in the sale.

Award-Winning Operations – This long-established franchise has a strong track record of success in the region and is well regarded in the industry, where it has been honored as a top operator each of the past three years.

*** Under LOI *** 

MICHIGAN-BASED COMMERCIAL & INDUSTRIAL ROOFING COMPANY

Michigan-Based Commercial & Industrial Roofing Company

This Company has built a strong reputation through over fifty years of quality work over a large region of the state. An expert staff takes pride in installations and pays great attention to detail. The Company has earned a variety of industry accolades, including the Firestone Master Contractor award and the Inner Circle of Quality award. Sales include a mix of 60 percent new roofs and 40 percent reroofing in commercial and industrial settings, averaging about 100 projects a year. The Company’s expertise has built a strong base of customers and contacts among contractors and project managers. Owners are active in the business, but experienced employees continue smooth operations when owners are absent. This purchase opportunity offers a successful business to continue operating as-is or to grow with an investment in sales and staffing.

GROWTH OPPORTUNITIES

Strong and Expanding Product Line –  The Company has expertise in a broad range of roofing products, specializing in single ply roofing and able to deliver the newest concepts in roofing.

Broad Market Potential –  The Company currently does limited marketing, relying primarily on existing relationships with contractors and one long-term salesperson. A growth-oriented owner could expand with marketing to contractors and project managers as well as the general business community.

Facility Space – Land and buildings are not necessarily included in this offering, presenting an opportunity to relocate the business to a buyer’s site or another location to facilitate growth.

INVESTMENT HIGHLIGHTS

Strong Market Identity –  The Company is one of the longest operating roofing providers in its region and has developed a strong reputation for quality work, particularly with local contractors and project managers.

High Quality Staffing – A core of experienced roofing technicians, averaging more than 10 years with the Company, know how to install roofing as well as deal with customers. The Company’s work has earned top-level awards from industry manufacturers.

2018 Revenue:                            $6,500,000

2018 Adjusted EBITDA:             $690,000