Jaison,
You CAN use Access as your centralized data store. SQL Server is the OPTIMAL choice if you are just starting off.
But it is simply NOT TRUE that access will choke in multi-user scenarios.
It IS true that you need a good backup strategy with the Access data file. But last I checked you need a good backup strategy with SQL Server, too. (With the very important caveat that SQL Server can do "hot" backups but not Access.)
So my answer is different...you CAN do this so that by the end of the day today you can be deployed and multi-user. Then perhaps you should begin moving toward upfitting your current application to use SQL Server.
I recently answered another question on how to split your database into two files. Here is the link.
Creating the Front End MDE
This should get you started.
Seth