Software - Data Backup System for Individual Computers
Location: > Northern Virginia
Industry: Technology > Software and Internet Developers
Financials
Asking Price: $250,000
Business Summary
This is a high-potential business built around a fully-developed and market-proven software package for backing up single computers and small networks. Data is stored in Zip format, the most common type of compressed file. The software program is reliable and user-friendly and has drawn testimonials like: "A great product. It's easy to use, does exactly what it needs to and does it well. I'm very happy that I discovered you and your product." The Company is just emerging from the development and market introduction stage and is seeking a buyer to further establish the brand and implement a full sales and marketing program. Attractive characteristics of this business include: The software was created in C++ by an experienced software developer and is fully compatible with the most widely used Zip compression programs; Estimated cost to develop the software in a corporate setting: $250,000; The system works on Windows and Vista operating systems; The package is replete with powerful options, including selective backup of designated files, automatic backup at prescheduled times, capacity up to 18 million terabytes and 4 billion files, detailed reports of backups and restores, and much more; It has demonstrated market acceptance with over $200,000 in Internet sales (more than 6,000 users) with minimal advertising and promotion; The software has an eye-catching registered trademark and a price ($39.95) designed for high-volume sales; The Company s web site is well-designed, informative, and easy to use; and In addition to direct sales, the software could easily be private-branded and licensed to other resellers. In short, this software package is competitive with any other backup system on the market for individual computers. With strong marketing and promotion to establish its brand more broadly, its sales and profits can quickly move to a higher level.
About the Business
Year Established: 2002
Employees: 1 part time
Relocatable: Yes
Home Based: Yes
Facilities: Up to now, this has been an Internet-based business.
Market Outlook and Competition: Competition: There are other programs on the market in this general price range, but there is not a clear market leader. This system is second to none for reliability and ease of use. Microsoft offers a backup program along with Windows XP and Windows Vista, but these backup solutions must be installed separately. Growth and Expansion: The market potential is almost every Windows computer in the world that is used to store data. Everyone who uses a computer should backup their pictures, documents, etc. During this development stage, the program has been sold primarily through the Company's web site, from where it can be downloaded directly. Marketing has been very limited. A full sales and marketing program would multiply sales very rapidly.
About the Sale
Management Training and Support: The owner will work with the buyer(s) over a reasonable period of time to assure a smooth transition.
Reason For Selling: The owner has taken a software development position with a large corporation.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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