Profitable Custom Application Development Company Equity Stake For Sale in Singapore
Custom software development company with General Sewing Data generating SGD 1.2M revenue seeks investment.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 600 - 700 thousand |
| Run Rate Sales | USD 940 thousand |
| EBITDA Margin | 40 % |
| Industries | Custom Application Development |
| Locations | Singapore |
| Local Time | 8:47 PM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.17 million
for
50.0%
stake
(Native Currency: SGD 1,500,000)
Reason: The owner requires investment for:
1. Sell of equity to cash out.
2. Fund for future growth.
1. Sell of equity to cash out.
2. Fund for future growth.
Includes physical assets worth
USD
7.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Registration Document
(215.0 KB)
Business Overview
• We are a custom boutique software development company based in Singapore with an estimated revenue of SDG 1.2 million in 2023.
• We specialize in enterprise software development and mobile app development, with expert consulting for SMEs in obtaining EDG grants for building software.
• Our business offers multiple in-house ready-to-launch products such as HRMS, LMS, FNB reservation system, and facility management system, with over 1,000+ users.
• We currently have 10+ active customers with recurring revenue from software maintenance and upgrades, with ongoing projects of up to 600k and projected sales of 2Mn in 2024. The average selling price of our tickets is 70k SGD.
• We also offer digital transformation and enterprise mobility services, to move the workforce into mobile apps.
• Our business has successfully helped the biggest music institute in Singapore to turn digital with all the teachers and students using the app we developed.
• We successfully maintain a high EBITDA margin as our client base and transactions happen in Singapore, while the costs are taken care of in India, with a team of 30 people.
• We specialize in enterprise software development and mobile app development, with expert consulting for SMEs in obtaining EDG grants for building software.
• Our business offers multiple in-house ready-to-launch products such as HRMS, LMS, FNB reservation system, and facility management system, with over 1,000+ users.
• We currently have 10+ active customers with recurring revenue from software maintenance and upgrades, with ongoing projects of up to 600k and projected sales of 2Mn in 2024. The average selling price of our tickets is 70k SGD.
• We also offer digital transformation and enterprise mobility services, to move the workforce into mobile apps.
• Our business has successfully helped the biggest music institute in Singapore to turn digital with all the teachers and students using the app we developed.
• We successfully maintain a high EBITDA margin as our client base and transactions happen in Singapore, while the costs are taken care of in India, with a team of 30 people.
Products & Services Overview
We are experts in enterprise software development, and our top-selling products are mobile app development. We help SMEs with EDG grant consulting to build software.
Assets Overview
Assets include:- 5 market-ready saas products.
- Ongoing contracts up to 600k SGD.
Facilities Overview
One physical office located in the central area of Singapore with a monthly rent of 4k SGD and 300 sqft big.
Capitalization Overview
The business is completely bootstrapped. No outstanding loans or debts are attached to the business. There are 2 shareholders in the business.
Recent Activity
-
Earlier than 15 daysChief Operating Officer, IT, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Broker, Singapore, Business Broker connected with the Business
-
Earlier than 15 daysAssociate Partner, Investment Firm, Singapore, Corporate Investor / Buyer connected with the Business
Tags:
Profitable Custom Application Development Company Investment Opportunity in Singapore
·Profitable Custom Application Development Company Investment Opportunity
·Invest in Profitable Custom Application Development Company in Singapore
·Invest in Profitable Custom Application Development Company
·Investment Opportunity in Singapore
·Invest in Singapore
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses