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Enterprise Software Company for Sale in Nagpur, India

For Sale: ERP company that deals with educational institutions and has served 1.5k+ customers.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 70 - 80 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin Nil
Industries Enterprise Software
Locations  Nagpur
Local Time 10:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.4 million (Native Currency: INR 200,000,000)
Reason: Our software are quality product and have huge potential to sell. We are looking for a company that ... View More
Includes physical assets worth USD 24 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Business develops products that are mainly used by an educational institution, the software ranges from question paper generators to campus placements. The business already has its products ready and customizes them based on the requirements of the customer.

- Our software has been used by 1,500+ education institutions across India.

- We believe in providing quality software and support services.

- The business has been doing direct sales across India and to some overseas clients.

- The promoters are veterans in the software industry with each having 30+ years of experience.

- We charge a yearly subscription fee of INR 20k for the question paper generator and the fee for other software can go up to INR 5L.

- The business has not generated profits because post the pandemic the education sector has taken a hit and we are still reeling from that. With the right buyer, this can become a hugely profitable business.

- The business is registered in Mumbai, but it is headquartered in Nagpur.

Products & Services Overview

ERP software for schools and coaching institutes, question paper generator software, and other software that can be used by educational institutions.

Assets Overview

Source code of all the software for unlimited sales in future. Source code for ERP for School, Coaching Institute, LMS, Question Paper Generator. Tangible assets would be computers and furniture.

Intangible assets would be the brand which is known for quality software and quality support services.

Facilities Overview

We have leased office space of around 2,500 sqft on a single floor on T-point Road. The rent for this space is INR 36k.

Capitalization Overview

The business was started as a self-funded venture. There are no debts or outstanding loans. The ownership lies with promoters and 5% with employees.

There are 2 major shareholders in the business.

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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