Profitable Custom Application Development Company for Sale in Madrid, Spain
|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|
- 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.
Earlier than 15 daysPartner, Barcelona, M&A Advisor connected with the Business
Earlier than 15 daysM&A Manager, Communication & Telecom, Dubai, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysDirector, IT, Singapore, Individual Investor / Buyer connected with the Business