80 likes | 93 Views
Established 12 years ago, Payroll Partners is a leading company in payroll processing with a niche market in the region. Our proprietary software streamlines payroll data transmission, boasting high profitability with a client base of 740 companies. Our exclusive software, owned entirely by us, enables customers to transmit data effortlessly via modem, enhancing revenue significantly in the per-minute processing model. With the industry expected to grow to $29 billion by 2008, our company's value is substantial, representing a lucrative investment opportunity with detailed financial offerings, employee retention, and future growth potential through financing options.
E N D
Payroll Partners Sara Ostergaard
Overview • Twelve-year-old company • Proven niche in the region • Proprietary software for transmitting payroll information • Proven track record of profitability • Client base of 740 companies
Our Software • Fully owned with exclusive rights • Allows customers to send data via modem • Customers use software free of charge • Software enhances per minute payroll processing revenue • Typical is $12 per minute in the industry • Ours is $1500 per minute
Industry Outlook • Payroll Partners is the biggest company in this industry: • $3 billion in annual sales • 250 employees • Overall payroll processing industry is $12 billion annually • Industry projected to be $29 billion by 2008
Price • Value of companies • Bookkeeping businesses (60% of annual sales) • Accountancy firms (40% of annual sales) • Value of our company: 50% of projected future sales or 75% of past annual sales • Asking price $410,000
What We Offer • Earn-out guarantees • Financing, if necessary • Current employee retention • Exclusive rights to proprietary software