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IT Retail Company Investment Opportunity in Malé, Maldives

Seeks investment: IT retail business that is operating for the last 15 years.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 10 - 20 %
Industries IT Retail
Locations  Malé
Local Time 11:25 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 500 thousand for 45.0% stake (Native Currency: MVR 7,500,000)
Reason: The business is seeking investment to expand by increasing its service capacity and the number of ou... View More
Includes physical assets worth USD 65 thousand
Interested to connect with advisors
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Business Overview

- Serving the government, public, and private sectors for the last 15 years.

- We have a regular customer base as well as new customers every month.

- The business is well-known company in the IT industry and we are the distributor for many well known brands.

- The business clocked sales of MYR 8–9 million before the pandemic, and the sales have been dropping because of the after effects of the pandemic.

- Business provides IT services as well as IT solutions. A major portion of our revenue comes from the sales of IT products.

- The business sells about 120 products on a monthly basis.

- We have 15 active contracts for the IT services business.

Products & Services Overview

IT products and solutions.

Security systems.

Consultancy.

Assets Overview

Furniture in the office and the showroom, computer systems, stock, and electronics.

The website is our intangible asset.

Facilities Overview

One sales outlet and one office are located in the capital, Male’, Maldives.

Th rent for both of these comes to MYR 22,000 per month.

Capitalization Overview

There are two shareholders in the business. One is willing to transfer his whole stake and the second shareholder is ready to transfer a percent of their shareholding as well.

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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