Custom Application Development Company for Sale in Federal Territory of Kuala Lumpur, Malaysia

Software company in Malaysia established 8 years ago that has catered to over 20 clients.

Established	5-10 year(s)
Employees	2 - 5
Legal Entity	Private Limited Company
Reported Sales	USD 220 thousand
Run Rate Sales	USD 300 thousand
EBITDA Margin	5 %
Industries	Custom Application Development
Locations	Federal Territory of Kuala Lumpur
Local Time	2:02 PM Asia / Kuala Lumpur
Listed By	Business Owner / Director
Status	Active

8.1 / 10

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Full Sale

Asking Price: USD 130 thousand (Native Currency: MYR 600,000)

Reason: The owner is retiring and going to venture into the music industry.

Includes physical assets worth USD 250

Interested to connect with advisors

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Business Name

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User Verification

Documents

Domain-Verification.pdf (212.8 KB)

Business Overview

- Consistently growing software company that's endorsed by MDEC.

- We custom develop systems & apps for our clients, we also have a Cloud SaaS (software as a service) for manufacturers.

- The majority of the revenue is generated by providing custom app development to our client.

- We have more than 180 customers logged in our accounting system.

- Have catered to over 20 corporate clients for custom app development.

- So far we only have 3 permanent staff but we engage a lot of freelancers.

Products & Services Overview

DEV department - Customised system/apps/web development, integration, and hosting services.

MRP department - Cloud manufacturing resource planning SaaS (Software as a Service). Just commercialized last month.

Assets Overview

All existing clients' invoices and subscribed plans.

Facilities Overview

Currently using co-working space in KL, Malaysia.

Capitalization Overview

- Self-funded by directors only. We are also planning to start our very first round of Equity crowdfunding (ECF) soon.

- Business has no loan.

Recent Activity

Earlier than 15 days
CEO, Management And Technology Consulting, Auckland, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Chief Operating Officer, IT, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Executive Director, Technology, Putrajaya, Individual Investor / Buyer connected with the Business

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