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Enterprise Software Company for Sale in Mumbai, India

IT company providing applications, portals and Apps to NBFC, Travel Tours and Foreign Exchange Sectors.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 420 thousand
EBITDA Margin 30 - 40 %
Industries Enterprise Software
Locations  Mumbai
Local Time 5:44 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 990 thousand (Native Currency: INR 85,000,000)
Reason: - Promoter's retirement and relocation. - Office is located in a very posh locality in Mumbai. Incl... View More
Includes physical assets worth USD 700 thousand
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Business Overview
- MSME serving Foreign Exchange business, travel and tours & NBFC segments with complete ERPs, online portals and mobile applications with more than 20 years of experience in the industry.
- Customers from more than 1,500 locations and multinationals are currently using our ERPs.
- Our core business involves providing IT Solutions to companies. We create, design and sell software to businesses based on their requirements.
- Very prominent global business houses like Mastercard, Thomas Cook and British American Exchange are some of our customers to name a few.
- A niche group of onboarded internationally acclaimed and satisfied customers give 15-20% of the total value of the application as AMC charges every year.
- We are an ISO 9000-certified company.
- Services are available with complete source codes and an experienced team.
- Have installations in India and other countries.
- Dedicated and expert team of professionals to take the company forward after the takeover.
- The sales of the business are thriving with very large customers to its credit.
Products & Services Overview
- Comprehensive travel portals with B2C, B2B and B2E specifications and API connectivity with most of the providers of airlines, hotels, tours & cars and payment gateways.
- Mobile application for NBFC, forex and travel domains with API connectivity with the back office and payment gateways.
- Complete online customized tour creations for the tour creation portal and payment gateways.
- All developments are under Net, MVC, MongoDB, Angular JS and Python.
Assets Overview
- All source codes of the applications to sell the same off the shelf in India as well as abroad.
- Goodwill acquired for the last two decades in the hospitality segment as well as by the presence of the company in many trade exhibitions conducted in US, UK, Dubai and in many locations in India.
- Team of expert programmers (man power, which is the greatest asset)
- All assets mentioned above are valued to be around INR 8.5 crore. Apart from this, the 3,000 square feet fully furnished facility that we have is separately valued to be around INR 6.0 crore.
Facilities Overview
We own a 3,000 square feet, fully furnished office space located on the 5th floor of a building in Mumbai, which is available on rent or outright to the buyer of the business at the market rates.
Capitalization Overview
This is a closely held company owned by the family. Debts if any will be cleared completely before handover as the loan was taken to acquire the office property.
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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