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Web & Mobile Development Company for Sale in Mumbai, India

Mumbai-based IT services provider specializing in web & mobile development, designing and infrastructure management.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 40 %
Industries Web & Mobile Development
Locations  Mumbai
Local Time 2:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 880 thousand (Native Currency: INR 75,000,000)
Reason: Owner wants to focus on other commitments, and won't be able to give dedicated time to this business... View More
Includes physical assets worth USD 5.9 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Mumbai-based IT services provider specialized in web and mobile development, designing, and AWS infrastructure.
- The company has established a client base primarily consisting of top real estate companies in India.
- The majority of projects are on retainer contracts, providing a steady revenue stream.
- The company derives significant revenue from retainer contracts, which have been consistently renewed for the past 10 years.
- Additionally, the company offers event management apps with a pay-per-use model, diversifying its revenue streams.
- Has an impressive project volume.
- Currently working on PHP and its frameworks, CMS for website and web application management, 24x7 AWS Server infrastructure management and support, domain management and graphic & UI designing.
Products & Services Overview
Services include:
Resource Staffing.
Website Development.
Mobile Development.
Third party integrations.
Designing.
AWS Infrastructure Management.
Domain management.
Top selling is web development.
Clients are mainly real estate companies across India.
Assets Overview
- Computer & Laptops.
- Furniture.
- AC's.
- Pantry equipment.
- Other office equipment which is currently in use for running the company.
Facilities Overview
Rented office space in a commercial building in Mumbai.
High-speed Internet with backup.
Capitalization Overview
- Debt-free company, No Loans.
- Self-funded.
- Profit making company.
- One director holding 100% shares.
- No Outstanding payments.
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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