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Web & Mobile Development Company for Sale in Noida, India

Web and mobile app development business located in Noida with 80+ completed projects, for sale.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 280 thousand
Run Rate Sales USD 112 thousand
EBITDA Margin 20 - 30 %
Industries Web & Mobile Development
Locations  Noida
Local Time 7:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 204 thousand (Native Currency: INR 17,500,000)
Reason: The founders are currently focusing on a different business and are not able to focus on the technol... View More
Includes physical assets worth USD 2.34 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Business that was founded in 2014 and is focused on providing web and mobile development services.
- We have all the IT returns and audit documents maintained up to date.
- Great reputation in the online market from past clients which aids highly in lead acquisition. Have provided service for multiple businesses of different verticals from all over the world.
- 70% of our revenue is generated from international businesses and clientele mostly in Europe.
- Have very high potential to scale up with needful sales and lead nurturing.
- We have completed 80+ projects since our inception. Have 9 to10 high-valued projects in the pipeline.
- Cater to 5 to 6 clients at the same time. Many of our past and present clients are part of our ARR.
- We charge our clients based on the services that we provide.
- Currently, the run rate revenue is less as for the last 3 years we were working on 3 large projects which got completed last year hence we reported annual revenue of around INR 2.4 crore.
- We have been awarded and recognized by many top brands in India for web development services.
- The business has an outstanding loan of INR 15 lakh.
- Company has 3 directors one with a 10% stake, the other with a 20% stake, and the rest 70% is owned by the 3rd director.
- Our business is registered in West Bengal but our operations are ongoing in Noida.
Products & Services Overview
Web Development, software development, UI/UX design, app development, and back-end work.
Assets Overview
Physical assets include laptops and other small assets. Owns intangible assets like a yearly paid package of reputed job portal, 2 GST registrations, brand name, logo, domain name, clients data, website, server, great testimonials from clients etc.
Facilities Overview
500 sq. ft of office rental space in Noida, with a monthly rent of INR 25,000. The lease is transferable to the buyer.
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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