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Web & Mobile Development Business Investment Opportunity in Andheri, India

Firm offering web and mobile application development services along with technical resources for software companies.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 40 %
Industries Web & Mobile Development
Locations  Andheri
Local Time 11:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 54 thousand for 50.0% stake (Native Currency: INR 4,500,000)
Reason: The business is owned by me but managed by my partner with whom I share 50% profit. I would like to ... View More
Includes physical assets worth USD 5 thousand
Interested to connect with advisors
Documents
Business Overview

- Offer web and mobile application development services along with technical resources for software development projects.

- Started offering the technical resource solutions recently which has increased our revenue significantly and helped us diversify.

- The resources are arranged and provided based on the client's requirements and the clients are billed monthly.

- At present, we have 12 such employees serving as dedicated technical resources. They are on the payroll of our company.

- We generate INR 20-25k recurring profit per resource per month.

- The remaining employees work on web and mobile development projects which we secure primarily through referrals.

- We do 1 - 2 such projects each month and have completed over 40 projects since inception.

- The business is financially healthy with no liabilities and strong margins.

Products & Services Overview

Web and mobile application development (Android and iOS), technical resources for software development projects.

Facilities Overview

350 sq. ft. of leased office space in Andheri (W). Monthly lease rent of INR 38,000.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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