The seller, a seasoned software engineer, developed a business focused on Point of Sale (POS) products specifically designed for different types of businesses. The venture, which is already profitable in its first year, offers two cloud-based web applications. One application is tailored for restaurants and handles various tasks such as managing table orders, stock, kitchen orders, reservations, and invoicing. The other application serves more generic business needs, allowing for ticket printing and extensive invoicing and stock control. Additionally, an e-commerce platform supports these web applications with relevant hardware products like handheld POS devices, tablets, and printers.
Despite not being revolutionary, the product is distinguished by several unique features that address essential business management needs, allowing business owners to track profits, manage orders, and control stock from any device and location. The product is cost-effective to operate and easy to scale. Configured via javascript (react), the applications do not require local installation, and comprehensive configuration guides are available online. Support is provided remotely through various communication channels. The e-commerce component automates product purchasing, while packaging and shipping are manually handled.
Target customers include food service establishments and businesses requiring sales ticket generation and stock control. The broad target audience tends to remain loyal due to the value of the sales history and reports stored in the system. Financially, the business generates revenue from subscription-based applications and product sales via e-commerce. The business is described as scalable, with low operational and personnel costs, and supports both English and Spanish languages.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official due diligence service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More