Custom Application Development Company for Sale in Székesfehérvár, Hungary
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.1 million |
Run Rate Sales | USD 1.1 million |
EBITDA Margin | 17 % |
Industries | Staffing + 1 more |
Locations | Budapest + 1 more |
Local Time | 5:57 PM Europe / Budapest |
Listed By | Business Owner / Director |
Status | Active |
- Our business is engaged in offering high-quality custom IT software development, mobile and web application development, custom integration solutions (e. g. Shopify apps) and DevOps services (AWS, Azure)
- We also provide on-demand staff augmentation for companies - we lease senior engineers in T&M for larger cooperations.
- We are working with 9 to 10 long-term B2B clients.
- We are officially licensed in EU to do recruitment and staff/labor leasing.
- 30% of annual revenue is from software development services.
- 70% from the scalable, long-term staff augmentations -
- To this date, we have completed 30+ projects successfully.
- We are also focusing on omnichannel online trust building.
- The CEO has 10+ years of experience leading full-stack development teams, and working with clients in IT consulting in the US, Switzerland, Hong Kong, and Hungary.
- We generated total revenue of 1.15M USD last year - profit was 172k (but it was a hard year)
- In the current year Q1 - the total revenue was $373,8k - record!
- For the current year, we at the moment (Apr current year) have 5 yearly contracts signed, and 2 half-yearly (with renewal) in staffing. Besides, we have 2-6 months IT projects signed we are working on.
- Currently we work on US projects, 1 project from Dubai and several Hungarian IT Projects.
- We have a qualified senior developer talent pool of 500+ - we can contact them anytime to check on their availability to join our projects - we already qualified their skills.
IT software development, DevOps, mobile and web app development, licensed IT staffing and recruitment services, and try and hire model - contract for 6 months and then hire.
Staffing management system.
The highly motivated full team with my management.
A custom-developed contractor management system,
Knowhow in IT out staffing, ongoing clients of 6 predicting the minimum results of $1.2k+ revenue per year,
Great relationships with several enterprises in Hungary and in US.
Sales team presence in the US (San Francisco) and Hungary.
List of an up-to-date talent pool of 500+ senior developers, testers, and designers.
Most of my engineers work with us for years with low fluctuation.
CRM setup with numerous clients.
Self hosted large-scale email outbound marketing system with custom-developed automation to reach out potential clients.
We are a remote company meeting in Budapest twice a month in a coworking space or for fun team building events.
We rent an office of 2 rooms (80 m2) at Szekesfehérvár where some of the staff, interns and seniors, and the CEO are based.
1 solo owner - 100% of the shares.
Cash is minimum 120k USD + - strong liquidity!
1 apartment is owned - value of 90k USD.
The company has a loan of USD 42K on a 0.5% interest rate.
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Earlier than 15 daysManager, Business Consulting, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProject Manager, Telecommunication, FinTech, AI And Software Technology, Makati, Individual Investor / Buyer connected with the Business