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Application Software Company for Sale in Ernakulam, India

Software company with 300+ clients established in Kerala looking for investment.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 27 thousand
Run Rate Sales USD 36 thousand
EBITDA Margin 25 %
Industries Application Software + 1 more
Locations  Ernakulam
Local Time 10:41 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 50 thousand (Native Currency: INR 4,000,000)
Reason: The owner is relocating to Canada. No co-founder to operate the business and the current owners are ... View More
Includes physical assets worth USD 6 thousand
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Business Overview

- IT company that has developed GST and accounting software.

- Our main clients are from Kerala and GCC countries.

- The business has 300+ clients.

- We have annual maintenance contracts with are usually 15% of the total product cost.

Products & Services Overview

We are a software company based out of Kochi.

1. Advanced GST billing software and AMC contracts.

2. VAT-enabled software for GCC with AMC contracts.

3. Mobile applications for van sales.

4. Report viewing mobile applications for business owners.

Assets Overview

Physical assets include office furniture, laptop, AC and equipment.

Facilities Overview

We have an office with an area of 1,500 sq. ft. on a rental basis.

Capitalization Overview

This is a family-owned business with two owners and a 20% and 80% ownership stake distribution. There is no loan taken from any bank to run the business. There are no other financial obligations with this firm.

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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