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Custom Application Development Company for Sale in Hyderabad, India

For Sale: 7-year-old product development and web automation company ideal for tender fulfilment.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 40 thousand
Run Rate Sales USD 8 thousand
EBITDA Margin 13 %
Industries Custom Application Development
Locations  Hyderabad
Local Time 1:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 27 thousand (Native Currency: INR 2,000,000)
Reason: We would like to see the company alive and doing good with someone else instead of lying idle. The ... View More
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Business Overview

- Hyderabad-based product development company with a virtual office in London.

- The company is not fully operational at the moment and only provides support services to a sister concern.

- Company is remunerated for the same and receives minimal revenue to keep the company's status active.

- Run rate sales have reduced as the sister concern is only paying an amount that is required to maintain the active status of this company.

- Buyer will get the legal entity, website, domain, bank account, and all necessary compliance documents.

- This company is suitable for trading companies looking to purchase a company to fulfill tender requirements.

- If the buyer is from the IT industry then the purchase of our software products can be negotiated as well.

- Promoters have 7+ years of entrepreneurial experience in the IT industry.

- While fully operational, the company had 30+ clients and revenue upwards of INR 1 crore.

- We provided web automation, products like a digital wallet, a devotional music app, and made average revenue of USD 5,000 from digital advertising as well.

Products & Services Overview

Software product development included the development of a digital wallet and a devotional music app; web automation.

Assets Overview

Intangible assets like our domain with more than 7 years, the company has profit and loss reports that can be utilized for next financial years to cover up tax.

Facilities Overview

We had rental office space and now we are working from home.

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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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