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Web & Mobile Development Business for Sale in Bengaluru, India

Bangalore based web and mobile application developer with several high profile clients.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 1.23 million
Run Rate Sales USD 1.4 million
EBITDA Margin 30 %
Industries Web & Mobile Development
Locations  Bengaluru
Local Time 6:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2.1 million (Native Currency: INR 180,000,000)
Reason: Promoter wants to exit the service business and get into product development.
Includes physical assets worth USD 23.4 thousand
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Business Overview
- We develop both web and mobile applications for corporate clients across the globe.
- The company began as a sole proprietorship in 2009 and was recently organized as an LLP.
- We have a strong clientele which include KPIT, Himatsingka, The Hindu and Mobileum.
- We have delivered over 25,000 projects since inception.
- Currently secure 10-15 new projects each month.
- The business does not have a dedicated sales team and over 90% of the contracts are secured through referrals.
- We have offices in Bangalore and Ahmedabad.
- The business owns tangible assets including computer systems, servers and air-conditioners.
Products & Services Overview
Web and mobile application development, software development, and product development.
Assets Overview
50 laptops, 20 desktops, 5 air conditioners, 2 printers, and 100 chairs.
Facilities Overview
Bangalore office: 3,000 sq. ft. , leased.
Ahmedabad: 3,000 sq. ft. , leased.
Capitalization Overview
Not Disclosed
Recent Activity
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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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