IT Service Business Investment Opportunities in Sydney

IT company offering software development, IT support, and staffing services with multi-national operations. - The company has 350 customers in Australia. - Company operates with the help of two registered entities - one in Australia that does the sales and marketing while there is one Sri Lankan entity that handles the development and has 16 software engineers/developers on its payroll. - The Australian entity has two directors who handle the sales. - Sales have reduced a bit as the staffing operations have taken a hit. - The investor will get a 50% share in both entities as the business needs both entities to operate. - The business generated an annual turnover of around AUD 550 thousand last year at a profit of approximately AUD 200 thousand.

IT company offering software development, IT support, and staffing services with multi-national operations. - The company has 350 customers in Australia. - Company operates with the help of two registered entities - one in Australia that does the sales and marketing while there is one Sri Lankan entity that handles the development and has 16 software engineers/developers on its payroll. - The Australian entity has two directors who handle the sales. - Sales have reduced a bit as the staffing operations have taken a hit. - The investor will get a 50% share in both entities as the business needs both entities to operate. - The business generated an annual turnover of around AUD 550 thousand last year at a profit of approximately AUD 200 thousand.