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.
Capitalization Overview
Self-funded company with no debts. A holding company owns 100% of it. The holding (owner) is owned by 2 shareholders.
Assets Overview
5 iMac, 6 Mac laptops, 5 PC laptops, and a 125 square meter office (acquiring the office is optional and not included in the price - the office is worth EUR 350k - 400k).
Full Sale
Asking Price:
USD
760 thousand
(Native Currency: EUR 650,000)
Reason:
The average EBITDA over the last 6 years is EUR 150K, representing 36% of the revenue. Recurring EBI...
View More
Includes physical assets worth
USD
23.4 thousand
Interested to connect with advisors
In talks with 3 Investors