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IT Consultancy Company for Sale in Bangalore, India

For Sale: IT consultancy company with an expert team catering to 10 clients.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 140 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin Operating at loss
Industries IT Consultancy
Locations  Bangalore
Local Time 12:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: - Seeking to sell the software company for an attractive valuation, looking for a quick transaction.... View More
Includes physical assets worth USD 120 thousand
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Business Overview

- Highly passionate business and technical heads with ownership.

- Our happy clients are from 13 countries.

- Having active 10 clients including a few MNC companies.

- Strong technical team to deliver high-quality software.

- Developed 6 mobile apps, 10+ websites and delivered 2 enterprise projects.

- Having a registered business in US Delaware.

- The company has 40 employees (5 in the HR team, 2 in sales, 1 accountant, 32 in the technical team).

- Company is registered in Tirupathi but the operations is based in Bangalore.

Products & Services Overview

Application software development company offering IT services ranging from web / mobile application development, testing services, IT outsourcing, and support and maintenance.

Assets Overview

Business and license, complete product source code, access to servers & infra machines, computers, conference equipment, business plan, and financial projections, and all related third-party application accounts.

Facilities Overview

- Well-furnished offices that can accommodate close to 80 people with 2 conference and meeting rooms along with a pantry.

- Office is located in the south of the city on 2 floors on approximately 4,000 sqft. We pay a monthly rent of INR 2 lakhs.

Capitalization Overview

- Self-funded business.

- Company has 3 directors.

- Positive cash flow since inception.

- Authorized capital: INR 10 Lakhs.

- Paid-up capital: INR 8.5 Lakhs.

- Loans of INR 20 lakhs & depts of I NR1.3 crores which will be cleared before the transaction.

- INR 20 lakhs of fixed deposits.

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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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