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Web & Mobile Development Company Investment Opportunity in Colombo, Sri Lanka

Software company specializes in creating innovative IT products and proven track record in international markets.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 20 thousand
Run Rate Sales USD 84 thousand
EBITDA Margin 30 %
Industries Web & Mobile Development
Locations  Colombo
Local Time 3:08 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 50 thousand for 51.0% stake (Native Currency: USD 50,000)
Reason: We need funds for marketing and developing the business. - We would like to take an investment on a... View More
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Business Overview

- We are mobile and web development businesses.

- We cater to clients in Sri Lanka, Japan, the UK, and Australia.

- Have already catered to 25 domestic and 15 international clients.

- Currently, we have 8 products that are customizable. These are eCommerce sites, job portals, etc.

- Our products are being used by 10-12 local businesses.

- We have all the source codes for our products.

- It takes us 5-6 months to complete any project and 1-2 months to customize the products.

- Have an ongoing project for a UK client.

- We have a registration certificate.

Products & Services Overview

E-commerce multi-vendor marketplace in UK client, Job portal in Sri Lanka, an inter-company chat system with task management for Japan, POS system, and psychedelic systems in the UK.

Assets Overview

Physical assets valued at USD 4,800 include laptops, screens, servers, furniture, and ACs. These assets are not part of the transaction.

Facilities Overview

Have rented a small office in the western part of the city.

Capitalization Overview

- There is only one owner.

- The business is debt-free.

- The business is funded using the sales.

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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