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Web & Mobile Development Company for Sale in Tiruvannamalai, India

For Sale: Web site and web application for customised software development company.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 6 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 25 %
Industries Application Software + 1 more
Locations  Tiruvannamalai
Local Time 12:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 36 thousand (Native Currency: INR 3,000,000)
Reason: We want to concentrate on product-based application development. Products are ready to be sold in th... View More
Includes physical assets worth USD 12 thousand
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Business Overview

- Web and application development company in Thiruvannamalai.

- Served 30+ clients for application software development and 200+ clients for web development.

- The company has developed 10 in-house applications and has 1 application under development.

- 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 booking, restaurant reservation, and courier tracking.

- Our sales have decreased this year since the directors are focusing on development instead of marketing.

- The company has 2 directors with 66% and 34% shareholding and is debt free.

- The company will only support further in terms of updating of software.

Products & Services Overview

Web application and customized application development for different industry sectors. Inventory CRM, Jewelry, electronics, finance, matrimonial apps, school apps, NGO/trust apps.

Assets Overview

- 5 systems and 3 multi-hosting servers.

- 2 laptops and 1 tab.

- 10 application software.

- Furniture/office set-up.

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

No loans, no credit, director's contributions only, then business income based company development now, here after upgraded on cloud development and my company own products also redevelopment on clouds.

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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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