Professional Services Company for Sale in Chennai, India

Promoting & developing research and development across various domains currently working on 4 projects.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 24 thousand
EBITDA Margin
15 %
Locations
Local Time
11:25 AM Chennai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 23 thousand (Native Currency: INR 1,700,000)
Reason: We are in debt and cannot manage the business with the existing returns. If cash flow is available, ... View More
Includes physical assets worth USD 20 thousand
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Business Name
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Business Overview

- Nascent organisation into research and development in automobiles, mechanical, electrical & electronics and biotechnology.

- We research about the problems faced by an industry and come up with a solution for it which can be commercially used.

- We are working on 4 projects now. One of them is related to the loss faced by the automobile industry because of 2016 South India flood.

- The company will be generating revenues from selling the patents and we will file the patents in next one month.

- We collaborate with institutions for research so there is very low expenses on our company.

- Currently we are working with VIT and Bharat Technology for our projects.

- The sales figure mentioned in the profile are generated from the education support tool which we developed containing 1,800 questions for assessment of an individual student.

- Promoter has an industrial experience of 22 years.

Products & Services Overview

Research & Development in:

1. Automobile Domain. 2. Electrical & Electronics Domain. 3. Mechanical. 4. Biotechnology. 5. IT & ITES. 6. Archaeology.

Facilities Overview
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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