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Digital Technology Services Company for Sale in Singapore

For Sale: Tech-driven company offering QR ordering, payment, and loyalty solutions for F&B establishments.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 820 thousand
Run Rate Sales USD 820 thousand
EBITDA Margin Operating at loss
Industries Payment Services + 1 more
Locations Singapore
Local Time 11:55 AM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1 million (Native Currency: USD 1,000,000)
Reason: We have successfully developed the technology and are operating with a strong client base. We are se... View More
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Headquartered in Singapore, our technology-driven company specializes in providing cutting-edge QR code ordering and payment solutions tailored for the restaurants, bars, and cafés.
- With a current clientele of over 70 establishments, primarily in Singapore and one in Hong Kong, our platform is trusted by diverse local businesses for seamless dining experiences.
- Our intuitive platform enables guests to place orders and complete payments in under 20 seconds, revolutionizing customer service and providing a significant edge in labor management for F&B operators.
- Our revenue model is anchored in a monthly subscription fee of $103 and a competitive commission of 2.7% per transaction, fostering scalable income avenues.
- The business is currently not profitable as we have been consistently reinvesting in the development of our technology.
- The lean organizational structure comprises six permanent employees complemented by a team of part-time employees and freelancers, ensuring efficient operations and service delivery.
- Our QR ordering and payment system not only address labor shortages but also empower staff to enhance guest experiences, driving customer satisfaction and repeat business.
- As a pioneering restaurant technology provider, we offer a robust solution that enhances operational efficiency and customer engagement, contributing to sustained client growth and business success in dynamic markets.
Products & Services Overview
Offering a cutting-edge QR code ordering and payment platform specifically designed for restaurants, bars, and cafés. Allows guests to place orders and complete payments seamlessly, enhancing the dining experience while streamlining operations for F&B operators. By addressing labor shortages and improving efficiency, the platform empowers staff to focus on customer service, driving higher satisfaction and repeat business. Our webapp offers a modern, scalable solution for the hospitality industry, enabling quick, contactless transactions and improved customer engagement.
Assets Overview
The sales doesn't include any physical assets.
Facilities Overview
The business doesn't have a dedicated office facility, operates remotely and utilizes co-working spaces in Singapore.
Capitalization Overview
The business has two major shareholders/directors.
Has raised a few rounds of investment through convertible notes.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
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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