Web & Mobile Development Company Equity Stake For Sale in Mandaluyong, Philippines
Providing web and mobile development services to SME companies with 7 active clients.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | C Corporation |
| Reported Sales | USD 25.4 thousand |
| Run Rate Sales | USD 20.3 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Web & Mobile Development |
| Locations | Mandaluyong |
| Local Time | 9:34 PM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
29 thousand
for
30.0%
stake
(Native Currency: PHP 1,700,000)
Reason: The investment will be used to expand business coverage: IT hardware solutions and travel/booking pl...
View More
Includes physical assets worth
USD
8.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
SEC Registration
(1.4 MB)
BIR Registration
(1.6 MB)
Business Overview
- Delivering IT services has been the main source of revenue for the past 2 years of operations but recently we changed our line of business to web and mobile app development due to which the sales have marginally dropped.
- Growth was sustained by developing IT solutions to cater to the process automation needs of new and existing clients.
- The business has served around 23 clients to date.
- We have 7 active clients in the business as of now.
- The average duration of one of our projects is about 6 months.
- We receive 50% of the payment in advance and the rest 50% after the project is completed.
- The business has a developers team of 6 people, 2 people in the sales team, and 1 person to look after HR and finance. All our employees are crucial to delivering the projects to our clients on time.
- Growth was sustained by developing IT solutions to cater to the process automation needs of new and existing clients.
- The business has served around 23 clients to date.
- We have 7 active clients in the business as of now.
- The average duration of one of our projects is about 6 months.
- We receive 50% of the payment in advance and the rest 50% after the project is completed.
- The business has a developers team of 6 people, 2 people in the sales team, and 1 person to look after HR and finance. All our employees are crucial to delivering the projects to our clients on time.
Products & Services Overview
- Web and mobile application development.- Managed IT services.
- Payroll, human resource information system.
- Inventory, and point of sale solutions.
Assets Overview
Physical assets of the business include laptops and office furniture.
Facilities Overview
Operating from a rented office having a carpet area of 13 sqm. The rent for the office is INR 20k per month. The office is located in Mandaluyong, Philippines.
Capitalization Overview
The business has five directors in the business having a shareholding of 60%, 13%, 11%, 9%, and 7% respectively. There are no loans in the business.
Recent Activity
-
Earlier than 15 daysFounder, Hospitals, Lutz, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Legal Consulting, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, IT Services, Singapore, Individual Investor / Buyer connected with the Business
Tags:
Profitable Web & Mobile Development Company Investment Opportunity in Mandaluyong, Philippines
·Invest in Profitable Web & Mobile Development Company in Mandaluyong, Philippines
·Profitable Web & Mobile Development Company Investment Opportunity
·Invest in Profitable Web & Mobile Development Company
·Investment Opportunity in Mandaluyong, Philippines
·Invest in Mandaluyong, Philippines
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
9 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses