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Web & Mobile Development Business Investment Opportunity in Hosur, India

Tamil Nadu-based web & mobile development company seeking partial stake sale to scale up.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 4.1 thousand
Run Rate Sales USD 4.2 thousand
EBITDA Margin 40 %
Industries Web & Mobile Development
Locations  Hosur
Local Time 6:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 11.7 thousand for 49.0% stake (Native Currency: INR 1,000,000)
Reason: Investment is needed in recruiting and paying salaries to experienced technical and support staff, i... View More
Includes physical assets worth USD 590
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Business Overview
- Web and mobile development company located in Hosur, Tamil Nadu.
- The company has a small team of 2 employees and is looking to expand its workforce to cater to the growing demand and pipeline of 5 potential clients.
- Business has served over 15 clients in the past and aims to increase its client base by leveraging additional investment in human resources.
- The company has the potential for growth and scalability with the right investment in human resources and customer service capabilities.
- Business is registered with a GST certificate, providing a level of compliance and credibility to potential investors.
- With a promoter boasting 20 years of experience in the IT field, the company has the expertise to deliver high-quality web and mobile development solutions.
Products & Services Overview
The business's top-selling services:
- Website and web app development.
- Selling of 3rd party software.
- Providing call center software.
Our clients are other businesses such as retail businesses.
Assets Overview
Tangible assets: 2 PCs and chairs, internet services, invested in BNI and Dial for lead generation,
Intangible assets: promoter experience of 20 years in the software industry and local connections, goodwill, and credibility,
Facilities Overview
We are using shared rented premises of 800 sq ft on the first floor in a prime location in Hosur with a good parking facility and we are paying a monthly rent of INR 10K.
But the office location and ambiance are not great and we would like to relocate to our space.
Capitalization Overview
Maintained by the owner's funds. Debts are due to investments like Hostinger accounts, Just Dial registration, and BNI registration which are directly related to lead generation and amount to INR 1.2 lakh. Solely owned by the promoter.
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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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