Cloud Software Company for Sale in Erode, India
For Sale: Company offering recruitment, staffing and software development development services.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 22.5 thousand |
| Run Rate Sales | USD 45 thousand |
| EBITDA Margin | 40 % |
| Industries | Staffing + 1 more |
| Locations | Erode |
| Local Time | 9:00 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
44 thousand
(Native Currency: INR 3,900,000)
Reason: Owner is looking to diversify into another businesses.
Includes physical assets worth
USD
1.13 thousand
Interested to connect with advisors
Documents
Business Overview
- Staffing and Software development company, based in Erode, Tamil Nadu.
- Having Physical office in Chennai and Coimbatore (now closed due to Covid, all working from Home)
- Private Limited company - Compliance are upto to date.
- MSME Registered.
- LinkedIn - Company Page had 1625+ followers.
Staffing: - 2 employees (React Developers, Monthly billing)
Recruitment: - 6 Recruiters handing Recruitment Positions (Full time placement and Contract)
Software Development: - 2 Customer | no permanent employees, tied with Software company and doing business in our Name for our Customers (Malaysia, New zealand, India)
Recruitment & Staffing: -
We have capacity to recruit an average of 5- 10 closure employees per month.
- We can start doing staff augmentation/Staffing also.
- Employees are sourced from online portals and forums.
- Sale would include entire business and physical assets.
- We provide full-time employees mainly belonging to the software domain.
- The employees we recruit are not under our payroll, but will be under the payroll of our clients.
- Have 15 corporate clients.
Software:
- We have the capacity to take a project worth of INR 3 to 5 lakh per month value based on the project, as the Tech Stack we work is very much now and billing rates are high.
- If we have good network, good option to scale.
- The business is registered in Erode, Tamil Nadu but runs operations in Coimbatore.
- Having Physical office in Chennai and Coimbatore (now closed due to Covid, all working from Home)
- Private Limited company - Compliance are upto to date.
- MSME Registered.
- LinkedIn - Company Page had 1625+ followers.
Staffing: - 2 employees (React Developers, Monthly billing)
Recruitment: - 6 Recruiters handing Recruitment Positions (Full time placement and Contract)
Software Development: - 2 Customer | no permanent employees, tied with Software company and doing business in our Name for our Customers (Malaysia, New zealand, India)
Recruitment & Staffing: -
We have capacity to recruit an average of 5- 10 closure employees per month.
- We can start doing staff augmentation/Staffing also.
- Employees are sourced from online portals and forums.
- Sale would include entire business and physical assets.
- We provide full-time employees mainly belonging to the software domain.
- The employees we recruit are not under our payroll, but will be under the payroll of our clients.
- Have 15 corporate clients.
Software:
- We have the capacity to take a project worth of INR 3 to 5 lakh per month value based on the project, as the Tech Stack we work is very much now and billing rates are high.
- If we have good network, good option to scale.
- The business is registered in Erode, Tamil Nadu but runs operations in Coimbatore.
Products & Services Overview
Software development (web/mobile), analytics, consulting and contract staffing.
Assets Overview
- Naukri Job Portal.- Employees, Customers.
- Good will.
- LinkedIn followers.
Facilities Overview
We had rented offices in Coimbatore (now closed). All employees currently are doing work from home.
Capitalization Overview
- The company has to 2 directors, each holding 50% stake in the company.- The company does not have any debt.
Recent Activity
-
Earlier than 15 daysOwner, HR Consulting, Chennai, Individual Investor / Buyer connected with the Business
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