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Payroll Software Solutions Business For Sale

Gauteng, Gauteng, South Africa
Asking Price:
R19,000,000
Sales Revenue:
R3,206,000
Cash Flow:
Not applicable

This reputable “HR & Payroll Software Solutions” for business” on offer, was established 23 years ago by the present Owner and is situated in Gauteng.

Over the past few years, this company has become the provider of choice to leading organisations for their human capital requirements. One distinguishing characteristic that has remained constant throughout the history of the company is its commitment to quality service and technology and has built up an excellent reputation in the market .

The business has established itself as a strategic provider to business in the field of Human Capital Management Software and related HR/Payroll consulting and outsourcing services. There is an existing client base and is still growing. The HR software and services cover various HR disciplines with a range of clients in a variety of areas including Information Technology, Professional Services, Manufacturing, Distribution, Publishing, Public Sector and Retail.

The company has earned the trust of its clients by delivering on its promise to exceed client expectations while maintaining uncompromising care for the client’s long-term interests.

The Business owner is being supported by well-trained and very experienced staffs, which includes Mangers for Accounts, Development, HR, Payroll and Business Development as well as 8x Training Consultants.

The selling price includes a Movable Asset base of about R120,000 as well as R18,880,000 for “Intangible Assets” relating to two websites and Human Capital Management Software and related HR/Payroll software, consulting and outsourcing services.

EBPITD/SDE profit (Earnings before Proprietors Compensation, interest, tax and depreciation – Sellers Discretionary Earnings) for 2021 was R2,046,000 equating to a ROI of 10.8%, as calculated on above business value. Previously attained profits were R2,683,000.

Full financials are available to serious Buyers who have the required funds available.

This Business will suit an owner who has a keen interest in “HR and Payroll Software Solutions” and wanting to work with a highly skilled and experienced staff and preferably with a flair for marketing and new opportunities as well.

The current Owner manage this Business for 23 years and grown this well-known business with a loyal client base into a profitable operation. The reason for the owner wanting to sell is that he wants to retire.

The business is being sold as a going concern and the Owner will ensure adequate training and assistance for one months after take-over and by the Development Manager” for twelve months.

This reputable business coming into the market offers an exceptional business opportunity to become the new Owner and enjoy a sound cash flow. If you are passionate about “HR and Payroll administration matters”, this is the profitably business opportunity awaiting for you to be considered and to grab.

Property Information

Real Estate:

Lease

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