Successfully running IT company for sale

Hyderabad, India (Relocatable)

Successfully running IT company for sale
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Asking Price: $150,000

Cash Flow: $60,000

Gross Revenue: $459,999

EBITDA: $50,000

FF&E: $20,000

Inventory: N/A

Rent: $3,000 /Month

Established: 2009

Successfully running IT company for sale

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Business Description

Head quartered in Denver, Colorado having dev office in India

10 years old company having 26 full time experienced software engineers in various levels and in various technologies like IOS, Android, Node.JS, Angular, React, PHP, AWS(Cloud services), UI/UX, Testing etc. is looking forward to collaborate. We have been developing 300+ applications to various clients across the globe like USA, Europe, Australia.

We are looking to sell our company in Hyderabad, India and prefer to have the buyer company who is located in US and looking for expansion in India.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
7/1/2022
Employees:
26
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1. Laptops - apple macbooks - 28 2. Mobile and tablet devices - 7 3. Rental advance for the office and infrastructure lease
Competition:
We have seen good competition in this software services market and equally there are huge opportunities to grab and reap high profits.
Growth & Expansion:
Pros: 1. Experienced software engineers who have been skilled in multiple technologies which can give good opportunity to utilise the man power to maximum capacity. 2. Very less attrition rate and employees have been working from few years with the company which makes team more strong. 3. Ability to increase only junior developers with the help of training by senior developers to increase the manpower with less expenditure. Cons: 1. Need to get business continuously with global presence and who is having good sales team.
Support & Training:
We have been with this company from 10 years and can stay with the buying company to execute the business from India. We can give atleast 6 months support if buying company wants to have other managing team.
Reason for Selling:
Needed to find potential company who is having good number of sales people
Business Website:
http://www.appitventures.com
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Business Location


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Business Listed By:
Vamsi Bhumireddy

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