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Enterprise Software Company for Sale in Ajman, United Arab Emirates

Software company that has developed cloud based business accounting software and accountants portal.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 110 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 25 %
Industries Enterprise Software + 1 more
Locations  Ajman
Local Time 6:03 PM Africa / Lusaka
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 540 thousand (Native Currency: AED 2,000,000)
Reason: Owner desires to retire. We have a high valuation expectation because of the new products that we ha... View More
Includes physical assets worth USD 140 thousand
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Business Overview

- We create and develop custom ERP software for accounting and VAT services.

- Our software is a total accounting software package with a VAT and payroll system as well as an inbuilt payment gateway.

- Owner is based in Zambia currently.

- Have 101 clients in Zambia, 2 in South Africa and 1 in the United States.

- Software has been approved by the Zambian revenue authority and we allow for filing for VAT through the software itself.

- Have developed the software to fit 12 more countries including the UAE and have developed it according to the UAE federal tax authority guidance.

- Plan to start franchise in each of these 12 countries with a base in the UAE.

- Promoter has over 24 years experience and is a certified SAP FICO consultant.

- We recently launched a Sales ERP with VAT Invoicing Software that has been accredited by the Government of Zambia. We have also launched a mobile app for VAT invoicing. We are launching an accountants portal with VAT invoicing and full business suit software very soon. It is under construction currently.

- We have also integrated AI technologies into the product.

- Highly experienced team with 3 senior developers being outsourced from our sister concern.

Products & Services Overview

VAT services, bookkeeping, all in one ERP with accounting & auditing, management consultancy, software building for payroll. EFD-Desktop Software implemented recently for offline and online services. Launching new services soon.

Assets Overview

Besides the interiors and the furnishings of the registered office, the buyer will receive 7 computer 1 one petabyte server and 1 support server.

Facilities Overview

Rental accommodation in the Ajman free zone.

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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