IT Services Company Investment Opportunity in Harare, Zimbabwe
Zimbabwean IT services startup looking for growth capital to expand into consumer technology.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 60 - 70 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | IT Services |
| Locations | Harare |
| Local Time | 12:49 AM Africa / Harare |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.5 million
for
40.0%
stake
(Native Currency: USD 1,500,000)
Reason: To expand into consumer technology.
Includes physical assets worth
USD
48 thousand
Interested to connect with advisors
Documents
Shareholding Structure
(278.5 KB)
Company Profile
(2.0 MB)
Domain-Verification.pdf
(213.2 KB)
Certificate of Incorporation
(163.7 KB)
Business Overview
- Startup offering IT services and consulting to corporate clients.
- Fully bootstrapped and has been profitable since inception in July 2018.
- Company has catered to over 15 corporate clients in Zimbabwe and has worked on large projects.
- Intend to begin offering low cost consumer technology for the Zimbabwean market.
- Promoter has a strong background in technology and has founded multiple successful ventures in the past.
Products & Services Overview
IT consulting and services. Web Development, Consumer Technology and Government Procurement.
Facilities Overview
The company leases an apartment built up on a 500 square meter land in Ruwa which is 25km out of Harare which is the capital city of Zimbabwe.
Capitalization Overview
Not Disclosed
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