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Profitable Geospatial Technology Company Equity Stake For Sale in Western Province, Sri Lanka

Geographical-based business intelligence platform, clients including KPMG, KANTAR & World Bank, Hayleys, CIC, LECO, etc.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 420 thousand
Run Rate Sales USD 480 thousand
EBITDA Margin 40 - 50 %
Industries Geospatial Technology + 1 more
Locations  Western Province
Local Time 3:20 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1 million for 20.0% stake (Native Currency: USD 1,000,000)
Reason: Regional expansion (10 countries) and product expansion to version 3.0.0. Our valuation is based on ... View More
Includes physical assets worth USD 50 thousand
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Business Overview
- We currently serve national and international organizations ranging from medium to large-scale private and government organizations such as KPMG, KANTAR, World Bank, Damro, etc.
- We sell to partners directly. Our partners include SLTMobitel, Google partners, and LOLC among others.
- Our target audience is from 10 different sectors including retail, transportation etc.
- We experienced an increase in sales this year due to our new marketing team and strategy.
Products & Services Overview
- We have a cloud-based intelligence platform that is synced with Google Maps and provides statistics of geographical patterns.
- We also have an agriculture-focused product integrating all stakeholders to provide accurate geographic analysis.
- Our platform is used by MNCs: KPMG, KANTAR, World Bank, LECO, and private and public sector organizations.
Assets Overview
IP for our 2 platforms GeoBizz and GeoBizz SFA and Laptops and servers.
Facilities Overview
- Rental facility with full-fledged development office with administration office in Srilanka.
- Rent per month is USD 700.
- We have a registered office in Minnesota, US recently to expand into the South Atlantic regions. Currently working remotely.
Capitalization Overview
- Through the founder's personal finance as the director's current account.
- Total investment so far USD 0.3 Million.
- Two Shareholders, 95% and 5% shareholding.
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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