Web & Mobile Development Company Investment Opportunity in Nugegoda, Sri Lanka
IT consulting firm with 25 active UK and Australia based clients, seeking investment for expansion.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 60 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | Nil |
| Industries | Web & Mobile Development |
| Locations | Nugegoda |
| Local Time | 7:52 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
67 thousand
for
20.0%
stake
(Native Currency: LKR 20,000,000)
Reason: We have a few more enterprise level project ideas which we need to start developing. Since many of o...
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Includes physical assets worth
USD
73 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- IT consulting and software development firm specializing in web and mobile application projects.
- Successfully served 150 clients since inception, with a current portfolio of approximately 25 active clients, primarily in the UK and Australian markets.
- Focused industries include IT and telecommunications, alongside notable projects in the hotel and hospital sectors.
- Manages an average of 5 short-term projects monthly, complemented by 7-8 large-scale projects each year.
- Business is currently not profitable as they are investing in software product development with a strategic plan to monetize existing software assets, transitioning toward profitability.
- Planning for software assets sales and covering most of the expenses from the short-term projects.
- The business needs 14 permanent employees to run the operations, employed across admin, management, IT and marketing.
- Successfully served 150 clients since inception, with a current portfolio of approximately 25 active clients, primarily in the UK and Australian markets.
- Focused industries include IT and telecommunications, alongside notable projects in the hotel and hospital sectors.
- Manages an average of 5 short-term projects monthly, complemented by 7-8 large-scale projects each year.
- Business is currently not profitable as they are investing in software product development with a strategic plan to monetize existing software assets, transitioning toward profitability.
- Planning for software assets sales and covering most of the expenses from the short-term projects.
- The business needs 14 permanent employees to run the operations, employed across admin, management, IT and marketing.
Products & Services Overview
Services include:- Full-stack web development.
- Software development.
- Mobile application development.
- SEO / SMM / internet marketing.
- E-commerce solutions.
- Robotic process automation.
Top selling are software and web development.
Clients are IT, telecommunications, hotel and hospital sectors and primarily based in UK and Australia.
Assets Overview
Physical assets include 25 laptops, computers, servers, hardware equipment and office furniture.Intangible assets include developed software and licenses.
Facilities Overview
We have a rented office facility in Nugegoda, WP.However, most of the staff are working from home.
Capitalization Overview
There are 4 shareholders currently with ownership split as follows:1- 20%
2- 20%
3- 10%
4- 10%
So there is up to 40% for new investors.
No outstanding loans.
Recent Activity
-
Earlier than 15 daysDirector, IT Consultancy And Services, Colombo, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysGeneral Manager, Software / Product Development, Colombo, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Holding - Technology, Jakarta, Corporate Investor / Buyer connected with the Business
Tags:
Web & Mobile Development Company Investment Opportunity in Nugegoda, Sri Lanka
·Invest in Web & Mobile Development Company in Nugegoda, Sri Lanka
·Web & Mobile Development Company Investment Opportunity
·Investment Opportunity in Nugegoda, Sri Lanka
·Invest in Web & Mobile Development Company
·Invest in Nugegoda, Sri Lanka
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