Custom Application Development Company for Sale in Hyderabad, India
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 36 thousand|
|Run Rate Sales||USD 7 thousand|
|EBITDA Margin||13 %|
|Industries||Custom Application Development|
|Local Time||7:49 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- 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.
Software product development included the development of a digital wallet and a devotional music app; web automation.
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.
We had rental office space and now we are working from home.
Earlier than 15 daysManaging Director, IT Services, Hyderabad, Individual Investor / Buyer connected with the Business
Earlier than 15 daysDirector, IT, Delhi, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysDirector, F&B, Hyderabad, Corporate Investor / Buyer connected with the Business