Profitable Web & Mobile Development Company Investment Opportunity in Istanbul, Turkey
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 100 - 200 thousand |
Run Rate Sales | USD 180 thousand |
EBITDA Margin | 40 % |
Industries | Web & Mobile Development |
Locations | Istanbul |
Local Time | 6:28 PM Europe / Istanbul |
Listed By | Business Owner / Director |
Status | Active |
- Company provides web and mobile app development services.
- We cater to clients from the gaming industry and sports companies. We are also capable of developing software for the space aviation sector but currently lack the funds and workforce required for such projects.
- Our company has a high net profit margin due to low operational expenses which include advertising expenses, taxes, and other expenses (production, etc. ) which comes to combined total expenses of USD 5,000 per month.
- Currently, the promoter is the sole developer in the company and all development is done in-house.
- The business does not have any debts or liabilities and the promoter owns 100% of the shares.
- Every app is sold for USD 1,500 and on average every month we sell it to around 10 people. This is how we are able to generate a good amount of sales with less number of employees.
- Mobile application development.
- Web development projects.
- Space technologies projects.
- Metaverse projects.
There are no tangible or intangible assets. Coding and development are done on personal workstations.
I currently operate the business from my home-office setup.
- There is a single owner in the business with complete shareholding.
- No debts or liabilities of any kind in the company.
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Earlier than 15 daysOwner, Software Services, San Juan, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVP Of Business Development, Technology, Istanbul, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMarket Research Analyst, IT, Nice, Corporate Investor / Buyer connected with the Business