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Software Company Investment Opportunity in Johannesburg, South Africa

Software development for field data collection, presentation and analysis, logistics visibility and local government.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 360 thousand
Run Rate Sales USD 330 thousand
EBITDA Margin 10 %
Industries Software Companies
Locations  Johannesburg
Local Time 11:12 PM Europe / London
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 110 thousand for 49.0% stake (Native Currency: ZAR 2,000,000)
Reason: We are looking for investment and partnerships whereby we can develop the products further and marke... View More
Includes physical assets worth USD 5.5 thousand
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Business Overview
- Our field survey product is used by a wide range of clients in fields ranging from asset management to environmental auditing.
- The number of clients in this area has grown rapidly from one client when we started, to approximately 40 completed or ongoing projects.
- Our local government software assists organizations in complying with legislation for reporting and managing projects and assets. The software is widely utilized in KwaZulu-Natal where we have 10 clients utilizing the software for the management of projects and both moveable and immovable assets.
- The logistics software is the bridge between the manufacturing company and the customer, providing visibility of shipments from dispatch through ERP and warehouse systems through to delivery. This is achieved through integration with the majority of vehicle and asset-tracking companies in South Africa.
- Our revenue model is on a per-project basis, but we also intend to start a subscription-based model in the future.
- The owner is currently in the UK, but the business is registered and operational in South Africa.
- The business had a contract last year which has been completed due to which the sales have dropped marginally.
Products & Services Overview
- Software for local government including project management, tender management, asset management and performance management.
- Mobile field data collection apps with data management and presentation suite.
- Logistics visibility through integration of ERP software with vehicle tracking companies.
- Support and training on software products.
Assets Overview
3 vehicles, 15 laptop computers and 3 servers.
Quartex developed software products.
Facilities Overview
Have a rented office space in Pietermaritzburg and Durban.
Capitalization Overview
There are three shareholders, or which I am one with an equal number of shares. The business is funded through income and there are not outstanding debts.
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1 Investor contacted this Business this month. Register below to connect now!
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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