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Point of Sale restaurant software company in Germany for sale
Point of Sale restaurant software company for sale
- Revenue: < 1M EUR
- Employees: < 10
- Location of the Point of Sale restaurant software company: Germany
- Reason for sale: The owners has health problems and wants to sell the business. He is looking to talk to interested investors
- #CFIE ITS433
Overview of the Point of Sale restaurant software company in Germany for sale
The company for sale designs and implements software solutions for a wide range of businesses mostly for companies activating in gastronomy sector. It provides support and software development services to clients from Germany and from other parts of Europe. The company developed POS system solution that is specifically designed to respond to the needs of companies from the German market and to other European markets. The company has more than 250 restaurants in Germany for which it provides software and remote support, the services being delivered by a team composed of around 8 people. The owner is selling his business due to his health problems, but would be able to assist the new owner to make a smooth transition. He is open either for full acquisition or partnership. A potential buyer could be a larger software company active in restaurants and catering sector and that could sell this POS software solution to its existing portfolio of clients.
Profile (strategy) of the Point of Sale restaurant software company in Germany for sale
The company for sale is active in software solutions development. The company created a POS wireless ordering application needed in catering business, a solution that can run both online & offline enabling the user to work uninterrupted. The enterprise's revenue has a continuous growing trend, but is related to the changes in the sector and the regulations and laws set up by the German government. Due to a law from 2016 there is not allowed to sell a POS in Germany if the machine is not connected to an external fiscal device (TSE). These devices are certified by the government. In 2020 is expected TSE device to come out and the all businesses need to acquire and up-date their systems. This is an opportunity for the company to realize a very high increase in its revenues. This also can be a great opportunity for a different IT company to enter the German market (as they can deploy their software if they have one). 250 clients spread across Germany is a good starting point to enter the market.
The company created a tool, a system in which is possible to enter all parameters of the application so that the restaurant POS can work. The POS system solution is a program that helps in organizing a restaurant. The program is secure and encrypted in the database and has a tool for extracting the data with a specific format that allows tax data to be stored in the restaurant without disturbing the business operation. At the moment, the company is working to develop the cloud support solution for its POS software system. The company has already the client systems connected to the cloud. The machines send health reports that create real-time notifications for the support team. The staff monitors ssd health, Ms SQL database health, fiscal correctness of data, pending windows updates etc. Very soon the company will deploy its real-time invoice/fiscal data cloud backup bundled with client statistics web/portal. This will be a subscription service.
Activities and services of the Point of Sale restaurant software company in Germany for sale
The company for sale delivers the following services:
- Software Solutions Development
- Artificial Intelligence
- IT Services
- Remote Support
- Business Intelligence
Highlights of the Point of Sale restaurant software company in Germany for sale
- The company is active in developing software solutions
- It created a POS system solution that allows restaurants to manage their activity
- The owner has health problems and wants to sell (entirely/partially) the company
Information about this Point of Sale restaurant software company in Germany
Please do get in touch if you are interested in finding more about this Point of Sale restaurant software company in Germany for sale. If this Point of Sale restaurant software company for sale in Germany does not fit your requirements feel free to ask for other ITS companies for sale
. If you are interested in buyers of IT and software companies, please visit the section ITS companies wanted.
Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.