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Enterprise Software Business Investment Opportunity in Riyadh, Saudi Arabia

Invest in an IT solutions provider in Riyadh with 10+ clients, and advanced technologies.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 10 - 20 %
Industries Enterprise Software
Locations  Riyadh
Local Time 10:23 PM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 530 thousand for 30.0% stake (Native Currency: SAR 2,000,000)
Reason: The owner needs funds, to build the academy and R&D center. We are working on 5 new projects, based... View More
Includes physical assets worth USD 26.7 thousand
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Company Profile
Business Overview
• The business is a software development firm located in Riyadh, with 5 employees.
• The business provides technology solutions for smart cities in the Middle East.
• Products and services include information technology operations and system development.
• It employs advanced Artificial Intelligence, Adobe, Microsoft, and Dell technologies.
• It has 10+ large organizations as clients.
• Promoter has 30+ years of experience in the industry.
• Well-positioned to capitalize on the growing demand for Smart Cities in the Middle East.
• We have 4 employees whose roles are CTO, key account manager, business, development manager, assistant, and financial advisor.
• The clients are from both the government and public sector.
• The business sells the software to the clients and also licenses it for a subscription fee, depending on the client's request.
• Has mostly built software for the healthcare industry.
Products & Services Overview
The business provides information technology operations and system development.
Assets Overview
Tangible assets- 3 offices, 3 laptops, 1 Car.
Virtual Servers.
Facilities Overview
25 m rental office in Riyadh.
Rent amount - SAR 25k.
Capitalization Overview
The business is a sole proprietorship.
The business has a loan amount of SAR 200k.
The business has a scalable market match Saudi Vission 2030.
Recent Activity
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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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