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Enterprise Software Company Investment Opportunity in Chennai, India

Seeking Investment: Company offers enterprise mobility software solutions & application development services to its clients.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 117 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 10 - 20 %
Industries Enterprise Software + 1 more
Locations  Chennai
Local Time 10:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 59 thousand for 40.0% stake (Native Currency: INR 5,000,000)
Reason: The proceeds from the investment will be used for: - Expanding our team. - Statutory Payments - pa... View More
Includes physical assets worth USD 17.6 thousand
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Business Overview
- Our business offers high-quality services for all the enterprise software development needs of our clients. All the services are rendered by our in-house team of experts.
- The majority of the revenue is generated through our enterprise software development along with website & mobile application development domains of services.
- The remaining revenue is generated through our other domains of services.
- Currently, have 10 active clients to whom we are rendering different services. We have a clients database of over 150 clients across 8 countries such as the United States, UAE, along with a few other countries in Europe.
- These clients are essentially corporations looking for tailored enterprise software that they could incorporate into their respective business activities & operations.
- We charge our clients a one-time development fee for our services. The software & mobile application is transferred to the client post development. There is only a one-time fee for all our services with no recurring fee. We provide technical support at an additional fee. This is the only source of the company's revenue.
- The business is extremely valuable due to our elite client base, high-quality software solutions, expert developers, and industry generated goodwill. The valuation is based on our own estimate.
- Our business is entirely debt-free with no outstanding business loans, overdue, or defaults.
- The company has 5 directors. One of them has a majority of 41 percent ownership of the business. The remaining 59 percent is equally split between the other 4 directors. There are no outside investors or shareholders.
- Company has experienced a slump in sales since the pandemic.
- The current employee count is necessary when the sales go up to pre-covid levels.
Products & Services Overview
Our services include:
- Enterprise software development.
- Website & mobile application development.
- Technology & business consulting.
- Resource deployment.
- Staff augmentation.
Assets Overview
- Physical assets include: furniture & interior fittings of the office space along with laptops, computers, and other necessary tech hardware.
- Intangible assets include: source code of our proprietary software solutions, client database, and goodwill.
Facilities Overview
The business runs operations from a rented facility spread across 1,700 sq. ft. in Chennai, Tamil Nadu.
Capitalization Overview
Shareholders are 3.
Statutory liabilities are there.
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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