POS (point of sale) software company in Ireland for sale

• Revenue: < 1M EUR
• Employees: > 10
• Location of the POS (point of sale) software company: Ireland
• Reason for sale: The owners want to grow the company in Ireland, therefore are looking to talk to interested investors
• #CFIE ITS418

The owner of a POS software company has plans for selling the company. He has some other businesses as well and wants to focus on them now, therefore is open to sell the majority of the shares for this POS software company. However, he doesn’t want to sell all the package since he is looking to grow the business. The enterprise has more than 3 years of presence on the market and after a period of initial development and the beginning of commercial operations, the company is now in an advanced stage of development and needs more resources to help it grow. For that, it is necessary to involve in this project investors that have a strategic interest in the company. An interested buyer could take this opportunity for selling a unique product to a fast growing market. The potential buyer could be a larger software company that could enlarge its product portfolio with this POS software solution.

The company for sale develops POS software solutions suited for many types of businesses such as restaurants, retail selling, hotels, takeaway, cafe, quick service, bars, etc. The solutions allow to sell product online or in store from any place in the world. These cloud based POS or offline solutions are highly customizable to take care of any special requirement. After completing the software development, the company started the commercial operations and to this date it has closed many partnerships and agreements with merchant payment system providers and with online platforms for integration of the company’s POS software solution. Most of the revenue comes from initial up front income (software and hardware charges) and the rest is coming from recurring income (monthly support and cloud charges, customer web ordering, annual maintenance of client web site, merchant service commissions). In what is referred to costs, the larger part of costs is related to labour activity because most of the development activity have been completed. There is needed investment in sales personnel and marketing operations in order to attract more clients, that is why are necessary more funds from investors.

The company is offering customized POS software with integrated web ordering systems plus website design. The solution allows to manage under one platform all activities such as sales (POS and Online Orders), operations, order fulfilment, product delivery, payment integration, accounting and business analytics. It increases efficiency, it is integrating with online ordering systems and it works well with various types of hardware. Retailers can choose from wide range of hardware or use their existing hardware. All sales data is cloud stored therefore retailers are protected against data loss. The POS software solution can work offline because it does not depend on the internet to function and once the user is online it syncs the data.

The company for sale developed a POS software solution that helps in the following activities:

• Online Ordering
• Business Operations
• Customer Delivery
• Orders Tracking
• Business Analytics & Reporting
• Product Payment

• The company developed a POS software solution that helps to manage under one platform all the sales and delivery activities of a retailer
• The company needs more cash to support the growth
• The owner is looking to sale the majority of the shares in order to provide the company with cash