Profitable Web & Mobile Development Business Investment Opportunity in Da Nang, Vietnam
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 850 thousand |
Run Rate Sales | USD 920 thousand |
EBITDA Margin | 24 % |
Industries | Web & Mobile Development |
Locations | Da Nang |
Local Time | 10:44 PM Asia / Ho Chi Minh |
Listed By | Business Owner / Director |
Status | Active |
- With revenue exceeding 23 billion VND (c. USD 1m) last year, the company has a diverse client base of over 45 clients globally, with the UK being the largest market, and clients also from Germany, Dubai, Hong Kong, Australia, Vietnam, Japan, and other geographies.
- The leadership team consists of a British Director, a Swedish CEO, and a Vietnamese CTO, providing a diverse and international perspective to the business.
- The company has been recognized with multiple awards, including SME100, Clutch, and The Manifest, showcasing its industry recognition and reputation for excellence.
- The company has an average of 50 projects per year with an average project duration of 4 months and an average project value of USD 40,000.
- Client base includes digital agencies, fintech, hospitality, travel, and hotels, among other industries.
- The company has a strong client retention rate of 89% and 34 full-time staff.
- Currently, the company is seeking a full exit within the next 3-5 years.
- Has a contractor pool of >100 engineers and has received 1,500 engineer applicants to the company in the past two years.
Clients are startups, SMEs, and enterprises from digital agencies, fintech, hospitality, travel, and hotels, among other industries. Based in Germany, Dubai, Hong Kong, Australia, Vietnam, Japan etc.
Proprietary source code.
Furniture.
Other miscellaneous office equipment.
Hybrid working model.
- Funded by friends & family (UK based, total of 4)
Grown organically otherwise.
- Founder owns 65%, F&F owns 25% and 10% equity pool for staff.
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Earlier than 15 daysCEO, Tokyo, M&A Advisor connected with the Business
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Earlier than 15 daysDirector, Technology, Kuala Lumpur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, People Transformation. Driving Performance., Hanoi, Individual Investor / Buyer connected with the Business