Business Summary

Following illness and the subsequent retirement of the current owners, this is a rare opportunity is to acquire a British software product business with a unique tried, tested and proven product line with an estimated 1.5 million users, operating in the education, retail and corporate/government markets in the UK, USA and world wide.

The business has an extensive customer base, a respected brand, full IP rights with no liabilities. It has a completed line of proven software based on 10 years of development, design, quality, testing and software reliability. Our software products install in minutes and are also available to use immediately via our online e-learning platform. A new owner will be ready to start selling right away.

What follows is a description of the main KAZ product line business. The KAZ “Learn To Type In Just 90 Minutes” USP and the 3 markets of education/retail/corporate make this a unique business providing a spread and balance of income and risk in varying market conditions. An attractive feature of this business is the past track record and numerous future opportunities to create multiple passive income streams from resellers, licensing and joint venture partners in countries around the world.

This is a simple business to understand and gain full appreciation of the underlying value and excellent opportunities. It may suit small private ownership or be folded into a larger e-learning or training business in any of the 3 market areas.

This is a fully developed and unique software training product business with an estimated £300k development investment over 10 years. Operating in Education, Corporate and Retail markets. Localised for the UK and USA. There are an estimated 1.5 million users world-wide. Customers include primary and secondary schools, colleges, the Open University and Learndirect. Corporate customers include NHS, Police Forces, government departments and blue chip businesses like BT, Intel, Ford, Honda, Lloyds, GSK and many more. Retailers have included PC World, QVC TV as well as resellers and TV in the USA.

Full ecommerce website, full e-learning platform with back office.

Retail versions across Windows and Mac platforms and up to date with W7 and Mac OSX Lion. Other versions SCORM compliant VLE, Intranet, and our own online e-learning platform.

Simple product with outstanding USP and very long anticipated life plus track record with huge potential to leverage existing platforms and assets. Development costs are now to a minimum and developer will work with new owner as required. This product was a BETT Awards Finalist and invested in by venture capitalist 3i plc.

The business was created as a lifestyle business for the owners with passive and recurring income streams. All business has come direct with no advertising and very little marketing, so the enormous potential remains. For example over 100 schools use the e-learning platform and this could just as easily cope with 1,000 straight away. Opportunities in education, corporate and retail markets exist in current markets and in India and China which are untouched.

This business has been cash positive since inception in 2000 with zero borrowings, almost no bad debt history from customers. Personal and family Illness forced the owners to scale down the business. However for an individual owner with a couple of staff it sits ready to spin up very quickly to a comfortable £250k based on limited activity and many times more with a dedicated larger team. It is ideal to be run by an individual or folded into a larger business. For example it might suit a business that wants to enter the UK education market quickly.

FEATURES
• Fully developed and positioned for fast growth at low cost
• Unique product and trusted brand used by approx 1.5 million
Selling across education, corporate and retail markets in the UK, USA and world-wide
Software extensively tested with virtually zero tech support issues
• Low risk / high reward. Permanent record of cash generation since inception 10 years ago

DETAILS
The following is included in the sale:
• Sales database of customers
Recurring revenue streams
• Established domain names, trade marks and IP
• Source code
Assistance of the owners to ensure good handover and assistance with plans for all aspects of the business
• Services of developer subject to need and preference of buyer

Average sales: $160,000 USD as business is on hold with part time tick over (4 hours day with with just a part time administrator) Estimate $396,000 USD with full time private owner with 1 or 2 people or many, many times more with larger sales/marketing team.

The main focus of the buyer needs to be marketing.
Please do not rely on future estimates. Based on 10 years track record these are what we would feel comfortable with without working under pressure and with very little investment, but we have no way of knowing or predicting how a future buyer would do.

PLEASE NOTE the price quoted excludes an additional negotiable earn out in order to assist a buyer and reduce risk.

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