IT Services Company Investment Opportunity in Chennai, India

Business delivering global standard enterprise POS solutions to hospitality & retail businesses is seeking investment.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 20 - 30 %
Industries IT Services + 1 more
Locations  Chennai
Local Time 6:18 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 140 thousand for 20.0% stake (Native Currency: INR 10,000,000)
Reason: Key areas that the money will be used for: - Primarily growth and expansion. - R&D (products, busi... View More
Includes physical assets worth USD 320 thousand
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Business Overview

- The business creates hybrid products that work on desktops as well as on cloud computing platforms.

- Have served 77 clients who are based in countries such as the USA and Canada.

- These clients include Offshore Development Center (ODC) of various global POS companies.

- Promoter has 20 years of experience in the IT & software industries.

- The business also competitively prices its products and also provides services at nominal prices.

Products & Services Overview

- We are hybrid IT company majorly on POS (point-of-sale) application development for various POS software companies across globe and also have gamut of 4 POS / business systems products for hospitality and retail industry.

- An enterprise level touch-screen POS application for fine dine-in restaurants, QSRs, phone orders & deliveries.

- A POS application serving businesses that have a presence in a single or in multiple geographies. These businesses can be retail outlets, super markets, and restaurants.

- A highly comprehensive hotel / property management system. It comes with easy to use rich UX / UI to manage front desk, stock control for food and beverage, labour, payroll, cash flow and comprehensive reporting.

- A cloud based Android point-of-sale application designed for dine-in restaurants, QSRs, takeaways, drive-thru restaurants.

Assets Overview

Business owns the commercial property and office equipment.

Facilities Overview

4,700 sq. ft. of development center based in Chennai. About 2,350 sq. ft. of area is company owned and the remaining 2,350 sq. ft. is on rent. We have recently done the cozy interior work for the entire facility.

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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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