IT Services Company for Sale in Riyadh, Saudi Arabia
Acquire an investor-ready IT services company offering easy entry into the Saudi market.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 10 thousand |
| Run Rate Sales | USD 10.2 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | IT Services |
| Locations | Riyadh |
| Local Time | 12:48 AM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
80 thousand
(Native Currency: SAR 299,000)
Reason: The owner is unable to devote full time focus on the business.
Includes physical assets worth
USD
8.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Commercial Registration Certificate
(742.7 KB)
Business Overview
- The company specializes in providing leading software solutions, including Adobe and Microsoft products, primarily targeting government entities and insurance organizations.
- Target customers include government agencies, financial companies, and insurance firms.
- Revenue streams consist of two main categories: IT and cybersecurity products, generating up to a 20% gross margin; and IT and security services, achieving up to a 35% margin.
- The company has more than 25 tech vendor partnerships in place. 7 Logos have been served.
- The business is legally established and holds commercial registration certificates, ensuring compliance and credibility in the marketplace.
- The marketplace is primed for growth, offering an excellent opportunity for investors looking to tap into the thriving IT services market in Saudi Arabia.
- Target customers include government agencies, financial companies, and insurance firms.
- Revenue streams consist of two main categories: IT and cybersecurity products, generating up to a 20% gross margin; and IT and security services, achieving up to a 35% margin.
- The company has more than 25 tech vendor partnerships in place. 7 Logos have been served.
- The business is legally established and holds commercial registration certificates, ensuring compliance and credibility in the marketplace.
- The marketplace is primed for growth, offering an excellent opportunity for investors looking to tap into the thriving IT services market in Saudi Arabia.
Products & Services Overview
Top service:- Adobe products reselling to insurance companies and government entities.
On-demand services:
- IT managed services.
- Software development.
- Cybersecurity solutions, including GRC and PTVA services.
Assets Overview
Tangible assets include the furniture and fixtures of the fully furnished office (85 sq. m. ) with 1 meeting room, 1 workstation area, and 1 management office (can be used for different purposes).Intangible assets include:
- CR and legal licenses in IT services, software development, business Solutions, IT managed services, and cybersecurity.
- ERP system and website.
- Business web domain.
- Emails and collaboration tools (M365)
- 4,000+ registered leads of decision makers.
- 1 ongoing client.
- One accountant (freelancer)
- Network of IT and cybersecurity partnerships (businesses and independent consultants)
- 6 months on call support as needed to ensure smooth business transfer.
- Support to get the required investment licensing for non-local investors.
Facilities Overview
- We have a fully furnished rented office of 850 sq. ft. in Riyadh, where we operate from.- Rent is SAR 24,000 annually, which is paid on a monthly basis.
- Furniture and equipment are owned by the company, consisting of computers, printers/scanners, internet, 1 employee's room with a station for 6 people, 1 meeting room for 6 people fully furnished, 1 equipment room, 1 bathroom, 1 furnished kitchen, and 3 screens for presentations.
Capitalization Overview
- The business is owned by 2 people.- No loans or debts.
Recent Activity
-
4 days, 15 hours agoSolution Architect, IT Services, Bengaluru, Individual Investor / Buyer connected with the Business
-
1 week agoIT Senior Manager, IT Services And IT Consulting, Mecca, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Advertising Services, Beirut, Individual Investor / Buyer connected with the Business
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