Profitable Custom Application Development Company for Sale in Madrid, Spain
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 400 - 500 thousand |
Run Rate Sales | USD 500 thousand |
EBITDA Margin | 40 % |
Industries | Custom Application Development + 1 more |
Locations | Madrid + 1 more |
Local Time | 5:21 AM Europe / Madrid |
Listed By | Business Owner / Director |
Status | Active |
- Our business focuses on developing mainly mobile apps, but we also undertake website and software development projects.
- Everything is precisely documented (working methodologies, hierarchy, internal procedures, etc. )
- Have worked on over 300 projects for clients worldwide.
- We take on an average of 2-3 new projects every month.
- Each project takes an average of 1-2 months to complete.
- In-house team of 10 developers.
- We provide annual maintenance and after-sale services to customers. This is recurring revenue and make up 10% yearly of the initial project cost.
- The company is part of a holding structure and operates as a subsidiary.
- Sale would include the entire business (only the subsidiary) and physical assets.
Custom mobile app development services, after-sale maintenance and updates.
5 iMac, 3 Mac laptops, 5 PC laptops, and a 135 square meter office (acquiring the office is optional and not included in the price - the office is worth EUR 350k - 400k).
Own 125 sq. meter office in the city center (Barcelona), a 5 min walk from Sants Estació and 10 min from Plaça Catalunya.
Self-funded company with no debts. A holding company owns 100% of it. The holding (owner) is owned by 2 shareholders.
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Earlier than 15 daysPartner, Barcelona, M&A Advisor connected with the Business
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Earlier than 15 daysM&A Manager, Communication & Telecom, Dubai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, IT, Singapore, Individual Investor / Buyer connected with the Business