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Web & Mobile Development Business for Sale in Mumbai, India

Company with 3,000+ clients specializes in offering technology solutions to retail and manufacturing businesses.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 260 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 38 %
Industries Software Companies + 1 more
Locations  Mumbai
Local Time 10:24 PM Asia / Singapore
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2.4 million (Native Currency: INR 200,000,000)
Reason: - Promoter is looking to retire. - Also open for investment options. - Business has a lot of goodw... View More
Includes physical assets worth USD 24 thousand
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Business Overview

- Mumbai based software company that has been running for over 2 decades.

- We develop customized software for clients and also have our own software products.

- We generate almost equal revenue from our own products and client development services.

- More than 60% of the revenue is through ARR.

- Business has served more than 3,000 clients. Many of them are recurring and repeat clients.

- Clients are mainly from the retail and manufacturing sector.

- Domain expertise gained across 25 years.

- Best technologies are used to build the solutions.

- Company has multiple domains and verticals.

- Business is listed by a management member located in Singapore.

Products & Services Overview

Mobile application development.

Web application development.

Retail management software.

Manufacturing management software.

Assets Overview

Software code and licenses.

All internal tools and hardware.

Computers and furniture.

Facilities Overview

2 rental offices in Mumbai. Leasing these offices for the past 10 years.

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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