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Profitable Web & Mobile Development Company Investment Opportunity in Istanbul, Turkey

Web and mobile application development firm for gaming and sports companies seeks investment for expansion.

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
Overall Rating
Partial Stake Sale
USD 200 thousand for 35.0% stake (Native Currency: USD 199,900)
Reason: - With the investment, we are looking to expand and acquire international clients and also take up a... View More
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Business Overview

- 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.

Products & Services Overview

- Mobile application development.

- Web development projects.

- Space technologies projects.

- Metaverse projects.

Assets Overview

There are no tangible or intangible assets. Coding and development are done on personal workstations.

Facilities Overview

I currently operate the business from my home-office setup.

Capitalization Overview

- There is a single owner in the business with complete shareholding.

- No debts or liabilities of any kind in the company.

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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