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Web & Mobile Development Business for Sale in Chennai, India

Chennai-based IT services firm delivering web and app development with recurring international client contracts.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 580 thousand
EBITDA Margin 30 - 40 %
Industries Web & Mobile Development
Locations  Chennai
Local Time 6:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.64 million (Native Currency: INR 250,000,000)
Reason: Seeking strategic buyers to invest and scale the business, as the current owner want to focus on oth... View More
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Business Name
Not disclosed
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Business Overview
- IT services company based in Chennai, specializing in software development solutions.
- Focuses on web and app development, catering to diverse client requirements.
- Established around 7 years ago, the business has achieved consistent growth of approximately 30% annually since inception.
- Generates annual revenue of over INR 5 crore.
- Maintains a stable client base of 5–10 clients, primarily from Australia and New Zealand.
- Operates on a recurring revenue model with monthly billing cycles, ensuring predictable and steady cash flows.
- Benefits from long-term client relationships and repeat business through ongoing contracts.
- The business is GST registered, ensuring full regulatory compliance.
Products & Services Overview
Our top services:
- AI solutions.
- Full stack development.
- Mobile development.
- Custom software development.
Delivered primarily small to mid-sized businesses and enterprises in Australia and New Zealand, to build, maintain, and upgrade their digital platforms, such as websites, mobile apps, and business systems.
Assets Overview
The business doesn't have any physical assets of significant value.
Intangible assets include the complete codebase and full access to the cloud infrastructure.
Facilities Overview
Operating from a single floor rented office space of 1,500 sq ft in Chennai. Rent is INR 75K/month including maintenance and GST.
Capitalization Overview
- Self-funded.
- No outstanding loans or liabilities.
- Sole proprietorship business.
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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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