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Profitable Custom Application Development Company for Sale in Madrid, Spain

For Sale: Barcelona based mobile app development company with 10 developers has developed 300+ apps.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 38 %
Industries Custom Application Development + 1 more
Locations  Madrid + 1 more
Local Time 8:13 PM Europe / Madrid
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.2 million (Native Currency: EUR 1,150,000)
Reason: The average EBITDA for the last 6 years is EUR 164k, being 38% over revenue. Recurring EBITDA repres... View More
Includes physical assets worth USD 16 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
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Business Overview

- 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.

Products & Services Overview

Custom mobile app development services, after-sale maintenance and updates.

Assets Overview

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).

Facilities Overview

Own 125 sq. meter office in the city center (Barcelona), a 5 min walk from Sants Estació and 10 min from Plaça Catalunya.

Capitalization Overview

Self-funded company with no debts. A holding company owns 100% of it. The holding (owner) is owned by 2 shareholders.

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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