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Web & Mobile Development Company Investment Opportunity in Chakvi, Georgia

Turnkey software development company from Eastern Europe is looking for a strategic partner.
Software development company performing turnkey services. - Our main source of revenue is outsourcing software development. We perform turnkey services and provide customers with our developers as part of their distributed team. - 80% of our customers are international. We have worked with clients from the following countries so far: USA, Canada, the UK, Sweden, Czech Republic, Italy, Poland, Lithuania, Austria, Germany, Estonia, Singapore, Japan, and New Zealand. - About 70% of our customers return to us, and half of them have been working with us for more than a year. We are committed to providing the best professional services. We provide fair project estimations that fit into the client's budget. We have been putting a lot of effort into our brand by developing our website and collecting reviews. - Project billing is between USD 5,000 to USD 10,000. - We doubled our revenue since mid-last year through a concentrated effort to increase our sales. The war in Ukraine early this year plateaued our MRR at USD 100,000. - We have built a solid management team who treat the company as their own. They are capable of solving tasks of any difficulty and can endure tough times. We have established robust business processes. - Our software engineers gain experience and improve. Each team member is provided with mentorship. Their salary is based on their assessment performance which they have to pass every 3-6 months. So, employees are loyal and have long-term plans to work in the company. - The company has two shareholders in an 80:20 shareholding pattern and we have a business loan of USD 100,000. - The investor gets a 30% stake in both the Belarus and Georgian divisions of the business. - This business is located in Batumi, Georgia.
Turnkey software development company from Eastern Europe is looking for a strategic partner.
8.1   Chakvi
Run Rate Sales
USD 1.2 million
EBITDA Margin
0 - 10 %
Partial Stake Sale
USD 150 K for 30%
Contact Business
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Web & Mobile Development Company Investment Opportunity in Chakvi, Georgia

Turnkey software development company from Eastern Europe is looking for a strategic partner.
Software development company performing turnkey services. - Our main source of revenue is outsourcing software development. We perform turnkey services and provide customers with our developers as part of their distributed team. - 80% of our customers are international. We have worked with clients from the following countries so far: USA, Canada, the UK, Sweden, Czech Republic, Italy, Poland, Lithuania, Austria, Germany, Estonia, Singapore, Japan, and New Zealand. - About 70% of our customers return to us, and half of them have been working with us for more than a year. We are committed to providing the best professional services. We provide fair project estimations that fit into the client's budget. We have been putting a lot of effort into our brand by developing our website and collecting reviews. - Project billing is between USD 5,000 to USD 10,000. - We doubled our revenue since mid-last year through a concentrated effort to increase our sales. The war in Ukraine early this year plateaued our MRR at USD 100,000. - We have built a solid management team who treat the company as their own. They are capable of solving tasks of any difficulty and can endure tough times. We have established robust business processes. - Our software engineers gain experience and improve. Each team member is provided with mentorship. Their salary is based on their assessment performance which they have to pass every 3-6 months. So, employees are loyal and have long-term plans to work in the company. - The company has two shareholders in an 80:20 shareholding pattern and we have a business loan of USD 100,000. - The investor gets a 30% stake in both the Belarus and Georgian divisions of the business. - This business is located in Batumi, Georgia.
Turnkey software development company from Eastern Europe is looking for a strategic partner.
8.1   Chakvi
Run Rate Sales
USD 1.2 million
EBITDA Margin
0 - 10 %
Partial Stake Sale
USD 150 K for 30%
Contact Business
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