Profitable Web & Mobile Development Company Investment Opportunity 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 26.6 thousand |
| Run Rate Sales | USD 21 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Web & Mobile Development |
| Locations | Mandaluyong |
| Local Time | 8:38 AM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
30 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...
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Includes physical assets worth
USD
8.9 thousand
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Business Name
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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
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Earlier than 15 daysFounder, Hospitals, Lutz, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Legal Consulting, Delhi, Corporate Investor / Buyer connected with the Business
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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
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