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Custom Application Development Company Investment Opportunity in Malé, Maldives

Software company with 3 projects in hand seeks investment.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1.6 million
Run Rate Sales USD 1.7 million
EBITDA Margin 10 %
Industries Custom Application Development
Locations  Malé
Local Time 3:14 AM Asia / Colombo
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Partial Stake Sale
USD 250 thousand for 30.0% stake (Native Currency: USD 250,000)
Reason: Need funds for marketing.
Includes physical assets worth USD 250 thousand
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Business Name
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Business Overview

- Our team of experienced developers specializing in creating custom software that streamlines business processes, improves efficiency, and enhances user experience.

- We work closely with our clients to understand their unique needs and goals and develop solutions that are tailored to their specific requirements.

- Currently have 3 projects in hand. Have completed over 40 projects to date. Our clients are usually from the gaming, hospital, and school industries.

- One project usually takes 3 months to complete.

- We have 8 permanent employees who are self-sufficient. Also, outsource a few services.

- The business is HQ in Male but the promoter is working in the Colombo branch office.

- Gaming license, trade license, import/export license and COI certificate.

Products & Services Overview

Custom application and mobile app developments for clients.

Assets Overview

Tangible- 7 latest Mac books, and other office equipment.

Facilities Overview

Office in Colombo is located in the south of the city on a 2,400 sqft area. It is a rented office.

Capitalization Overview

- Company has 3 shareholders with 40:40:20 shareholding.

- No loan.

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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