TECHNOLOGY BASED – DISASTER RECOVERY SOLUTIONS
Asking Price:   Not DisclosedInventory:   
Gross Revenue:   $2,100,000 (comments below)Real Estate:   n/a
Cash Flow:   $708,000 (comments below)FF&E:   n/a
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: 2009 Projection
Cash Flow Comments: 2009 Projection
The Company: Founded in 2006, this is a technology-based company that focuses on providing disaster recovery solutions for core processing, image item processing, and image remittance processing systems for financial institutions. The Company’s highly trained professional staff offers these services on a number of different manufacturers’ platforms such as IBM, Sun Microsystems, and a variety of Microsoft servers and operating systems. The Company also offers disaster recovery services on mid-range computers, and critical servers and communication facilities for the general business community. The Document Imaging service is a fully featured service offered to the banking industry in an Application Service Provider (ASP) environment. Furthermore, the Company provides online data storage services for all customers in two different formats, daily downloads or transaction by transaction. Security standards are set forth through the FFIEC (FDIC/OCC) and as required by the Gramm-Leach-Bliley Act
About the Business
Year Established:2006
Employees:7 full time -
Facilities:The Company is headquartered in a leased 7,000 square foot office located in Indiana. This technologically-sophisticated facility is used for the Company’s data storage and technical services. Additionally, the Company has a 1,200 square foot sales and administrative office located in Michigan. All of the facilities are leased from independent third parties at the prevailing fair market rate.
Market Outlook and Competition:There exists a myriad of opportunities to significantly increase revenues and profits, including leveraging the Company’s proven reputation and strategic relationships to pursue and penetrate new and existing markets.

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Jim Hines  |  Company Connections, Inc.
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