Web & Mobile Development Business for Sale in Manama, Bahrain
Company in Bahrain with so many recurring clients for hosting and website support services.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 146 thousand |
| Run Rate Sales | USD 153 thousand |
| EBITDA Margin | 20 % |
| Industries | Web & Mobile Development |
| Locations | Manama |
| Local Time | 12:18 PM Asia / Bahrain |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
660 thousand
(Native Currency: BHD 250,000)
Reason: The owner wants to exit this business and concentrate on another venture.
Interested to connect with advisors
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Business Name
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Business Overview
- Company with numerous verticals for web/app development, hosting, and graphic designing.
- Revenue split: Hosting brings in recurring revenue of BHD 10k/year, maintenance contracts bring in recurring revenue of BHD 5k/year, and BHD 40k comes from all other services.
- We have around 60 recurring customers and many new and one-time customers as well.
- The buyer gets a fully functioning business with a graphic design division, web and app design division, and a thriving hosting business.
- Revenue split: Hosting brings in recurring revenue of BHD 10k/year, maintenance contracts bring in recurring revenue of BHD 5k/year, and BHD 40k comes from all other services.
- We have around 60 recurring customers and many new and one-time customers as well.
- The buyer gets a fully functioning business with a graphic design division, web and app design division, and a thriving hosting business.
Products & Services Overview
We provide development and maintenance services for websites and apps. We also provide hosting and graphic designing services.
Assets Overview
Tangible assets - none of the assets like laptops are owned by the company.Intangible assets - customer base, our own website and domain, and existing contracts.
Facilities Overview
We do have a registered office in Manama, but all employees work remotely since we are an online business. The company has all the valid trade licences.
Capitalization Overview
One person owns the entire company, and the company is free from any debt or loan.
Recent Activity
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Earlier than 15 daysManager, IT Consultancy, Riyadh, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounding Partner, New York City, Investment Bank connected with the Business
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Earlier than 15 daysDirector, Holding - Technology, Jakarta, Corporate Investor / Buyer connected with the Business
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3 Buyers already contacted this Business.
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