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Web & Mobile Development Company for Sale in Tiruvannamalai, India

For Sale: Web and application software development company based in Thiruvannamalai with 200+ clients.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 18 thousand
Run Rate Sales USD 15 thousand
EBITDA Margin 25 %
Industries Application Software + 1 more
Locations  Tiruvannamalai
Local Time 2:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 24 thousand (Native Currency: INR 2,000,000)
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 5 thousand
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Business Overview

- Web and application development company in Thiruvannamalai.

- Served over 30 clients for applications software development and more than 200 clients for web software.

- 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.

Assets Overview

- 10 cloud systems and 1 server.

- 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 2 floors for a monthly rent of INR 15,000/-

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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