Web & Mobile Development Company Equity Stake For Sale in Mandaluyong City, Philippines
Providing web, mobile, application development services to SME companies with more than 20 active clients.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | C Corporation |
| Reported Sales | USD 24 thousand |
| Run Rate Sales | USD 19 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Web & Mobile Development |
| Locations | Mandaluyong City |
| Local Time | 7:52 AM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
27 thousand
for
30.0%
stake
(Native Currency: PHP 1,700,000)
Reason: The investment will be used to expand business coverage: IT security, cloud solutions and a travel/b...
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Includes physical assets worth
USD
45 thousand
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Business Name
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Documents
SEC Registration
(1.4 MB)
BIR Registration
(1.6 MB)
Business Overview
- Delivering IT services has been the main source of revenue for the past 9 years of operations; we have pivoted our line of business to web and mobile app development to scale.
- Growth was sustained by developing IT solutions to cater to the process automation needs of new and existing clients.
- The business has served around 50 clients to date.
- We have more than 20 active clients in the business as of now.
- The average duration of one of our projects is about 6 months.
- We receive 50% of the payment in advance and the rest 50% after the project is completed.
- The business has a developers team of 7 people, 2 people in the sales team, and 1 person to look after HR and finance. All our employees are crucial to delivering the projects to our clients on time.
- Growth was sustained by developing IT solutions to cater to the process automation needs of new and existing clients.
- The business has served around 50 clients to date.
- We have more than 20 active clients in the business as of now.
- The average duration of one of our projects is about 6 months.
- We receive 50% of the payment in advance and the rest 50% after the project is completed.
- The business has a developers team of 7 people, 2 people in the sales team, and 1 person to look after HR and finance. All our employees are crucial to delivering the projects to our clients on time.
Products & Services Overview
- Web and mobile application development.- Managed IT services.
- Security operations center.
- Payroll, human resource information system.
- Inventory, and point of sale solutions.
- Implementation of ERP Solutions.
Assets Overview
Physical assets of the business include laptops and office furniture.
Facilities Overview
Operating from a rented office having a carpet area of 13 sqm. The rent for the office is PHP 23k per month. The office is located in Mandaluyong, Philippines.
Capitalization Overview
The business has five directors in the business having a shareholding of 60%, 13%, 11%, 9%, and 7% respectively. There are no loans in the business.
Recent Activity
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