Software company for retail furnishing in the UK for sale

• Revenue: < 1 million EUR
• Location:  The United Kingdom
• Asking price: > 1 million EUR
• Reason for sale: The owner is looking for an exit
• #CFIE ITS102

The owner and creator of a software company for retail furnishing in the United Kingdom are looking to sell the business.  They are open to speaking to interested buyers that want to acquire a sound company with niche product services. The company has more than 30 years of experience in developing software solutions for special industries. The company has the potential to grow in domains where digitalization is in the first stages. The owner managed to grow the business and has commercial relationships with large chains of production.  The company has a stable and diverse portfolio of clients.

The company delivers customized software products for financial businesses, freight and logistics companies, textile manufacturers, and service industries. They can make applications for any industry’s specific needs, they created solutions for safe deposit companies, tax and accountancy providers, transport firms, and kitchen installers. The main focus now is on designing and implementing software solutions for soft furnishing. The idea of the business was to enter markets where there were not any computerized or digital solutions.  Therefore, the company delivers services and products for curtain estimations and window treatments. It has contracts with large chains in the furniture industry such as fabric stores, curtain workrooms, chain stores, and department stores. The solution is an automatic estimating system that helps in the production of curtains.  It can make an instant calculation of fabric requirements and it has multiple variations. It is conceived, designed, developed, produced, and implemented either on a PC or on an iPhone.

The software products come in packages, depending on the customer’s wishes and needs. It can be purchased in a package that contains an invoicing program, an acquisition order program, a control, and monitoring system, a diary system, a backup application, and an analyzing tool. These programs can be purchased altogether or separately. Application support is also provided, which is free for a limited time. Afterward, support is offered for an annual affordable price. As for security, the system is password protected and each employee has his own user identification, allowing the administrator to set up the rights and access for each member of the staff accordingly to the responsibility involved.

Products and services provided by the company are as follows:

• Software development solutions
• Application support includes remote support, tests, simulation, diagnosis, fixing problems, and updates
• Training: On-site, online, and at the company’s office

Software packages for curtain producers are automatic processes with the following features:

• Calculations: Fabric quantities, patterns, the width of fabrics, different forms of charges, overlaps, and returns
• Estimates: Headings, borders, valances, fabric accessories, charges, etc.
• Printing: Estimates, VAT, workroom sheets, and fabric summaries

• The company delivers customized software products for the furnishing industry
• The company has packages of products and services tailored to the customer’s needs
• These solutions are automatic processes that help in production management
• The owner is looking for an exit