Application Software Company for Sale in Tiruvannamalai, India
For Sale: Website and web application for customized software development company.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 5.5 thousand |
| Run Rate Sales | USD 26.5 thousand |
| EBITDA Margin | 25 % |
| Industries | Application Software + 1 more |
| Locations | Tiruvannamalai |
| Local Time | 8:09 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
55 thousand
(Native Currency: INR 5,000,000)
Reason: We want to concentrate on product-based application development. Products are ready to be sold in th...
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Includes physical assets worth
USD
33 thousand
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Business Overview
- Web and application development company in Thiruvannamalai.
- Served 30+ clients for application software development and 50+ clients for website.
- The company has developed 10 in-house applications.
- Hotel booking application (associated with the Tamil Nadu government) was developed by the company.
- Clients are from the logistics sector for supply chain management, education sector, hotel billing, restaurant billing, and lodge booking and billing.
- Our sales have decreased this year since the directors are focusing on development instead of marketing.
- The company will continue to provide support exclusively for software updates.
- Served 30+ clients for application software development and 50+ clients for website.
- The company has developed 10 in-house applications.
- Hotel booking application (associated with the Tamil Nadu government) was developed by the company.
- Clients are from the logistics sector for supply chain management, education sector, hotel billing, restaurant billing, and lodge booking and billing.
- Our sales have decreased this year since the directors are focusing on development instead of marketing.
- The company will continue to provide support exclusively for software updates.
Products & Services Overview
Web application and customized application development for different industry sectors. Inventory CRM, jewelry, electronics, finance, matrimonial apps, school apps, NGO/trust and associations apps.
Assets Overview
Tangible assets:- 5 systems and 3 multi-hosting servers.
- 2 laptops and 1 tab.
- Furniture/office set-up.
Intangible asset: 10 application software.
Facilities Overview
The company has a rented office (1,200 sq ft area) with 1 floor for a monthly rent of INR 15,000/-
Capitalization Overview
- The company has 2 directors with 67% and 33% shareholding and is debt-free.- No loans or credit, only director contributions have funded the business so far. The company has grown through business income and is now upgraded to cloud-based development, including redevelopment of our own products on the cloud.
Recent Activity
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Earlier than 15 daysDirector, IT And Food, Dubai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Technology, Whitby, Individual Investor / Buyer connected with the Business
Tags:
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