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Application Software Company Equity Stake For Sale in Toronto, Canada

Software company offering application software to 170+ clients in India and Canada.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 41 thousand
EBITDA Margin Operating at loss
Industries Application Software
Locations  Thiruvananthapuram + 1 more
Local Time 7:16 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 135 thousand for 20.0% stake (Native Currency: INR 12,000,000)
Reason: Funds will be used to expand our marketing and invest extensively in India operations, and enhance o... View More
Includes physical assets worth USD 3.4 thousand
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Business Overview
- Software company based in Canada and Kerala.
- The business operations are run from both Toronto and Thiruvananthapuram.
- Have developed an application software in-house that can be attached to the website of the merchants.
- We provide online ordering and reservation solutions along with digital marketing and branding.
- The software can be customized based on the client's requirement.
- Have onboarded 123 clients over the last year and 70 active clients in Canada.
- Started India Operations in the last weak and already have more than 100 clients signed up here.
- Revenue generation is done by charging a percentage of commission on the order value. The percentage varies from region to region.
- Promoter has 9+ years of experience in the industry.
- The business is currently operating at a loss as it is still in the process of being set up.
- The business is registered as a private limited entity in India and also has a registration in Canada.
- The business is headquartered in Thiruvananthapuram for Indian operations and in Toronto for Canadian operations.
- There is a small team of employees in Canada.
- One of the directors of the business is in India.
Products & Services Overview
Online ordering solutions, table reservations, website development, digital marketing, and branding.
Assets Overview
800 sqft rental office in Trivandrum, Agile offices in Toronto and New York.
Facilities Overview
800 sq. ft. rental office in Trivandrum. Agile, non-traditional offices in Toronto and New York.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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