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Web & Mobile Development Business for Sale in Surat, India

Web and mobile development company with 300+ clients and 20 years of promoter experience for-sale.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales INR 2.9 crore
Run Rate Sales INR 2.6 crore
EBITDA Margin 15 %
Industries Web & Mobile Development
Locations  Surat
Local Time 10:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 3 crore (Native Currency: INR 30,000,000)
Reason: Owners would like to explore other business opportunities.
Includes physical assets worth INR 10 lakh
Interested to connect with advisors
Documents
Business Overview
- We provide ECommerce marketplace development services for businesses aiming to create their own online portals.
- Specialize in web, mobile, and cloud app development solutions, with a strong focus on building e-commerce platforms and marketplaces.
- Serve over 300 customers globally, offering development and consulting services.
- Notable for creating MVPs for nopCommerce, a leading open-source eCommerce platform based on the. NET framework.
- Cater to retail customers, eCommerce agencies, and consultants worldwide.
- Promoters possess 20 years of industry experience.
- Hold necessary licenses including GST, Incorporation, and PAN.
- Operates primarily in B2B markets but also engages in B2C.
- Major project deliveries are scheduled before the Christmas season, hence its a seasonal business with major revenue pouring in the second half of the year.
- Strong brand, existing order book of INR 60 lakhs + projects, strong profile and extension portfolio generating inbound leads, and proven competencies for e-commerce and nopCommerce projects.
Products & Services Overview
Specialize in web, mobile, and cloud app development solutions, with a strong focus on building e-commerce platforms and marketplaces.
B2B and B2C transactions.
Assets Overview
Intangible Assets:
- Brand name.
- eCommerce marketplace profile for nopCommerce.
- Popular nopCommerce extensions that aid in lead generation and attracting enterprise clients.
- CRM database containing details of over 11,000 customers, including retail clients, agencies, and consultants worldwide.
- Source code for previous projects and extensions.
- Marketing materials.
Tangible Assets:
- Furniture.
- Computers.
- Laptops.
- Fixtures.
Facilities Overview
Rental office of approximately 1,400 sq. ft.
Rent per month is INR 28k.
Its is located in central Surat.
Capitalization Overview
Self-funded with two partners holding equal 50% shares each, and a total outstanding amount of approximately 30 lakhs as of now.
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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