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Software Testing Services Company for Sale in Riyadh, Saudi Arabia

IT service business with 8 active clients and 90%+ retention rate for sale.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 4.6 million
Run Rate Sales USD 9.6 million
EBITDA Margin 25 %
Industries Software Testing Services
Locations  Riyadh
Local Time 2:14 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 25 million (Native Currency: USD 25,000,000)
Reason: The owner of the company is looking for an 100% exit from the company. The owner is looking to retir... View More
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Pitch Deck
GST Certificate
Business Overview

- The business is an IT service-providing company mainly focused on software testing.

- Business currently has 8 active clients.

- The minimum engagement tenure is around 3 years, with a retention rate of 90%+.

- Cater to business in the banking, government, and other industries.

- Revenue is generated by charging a fee for providing the services.

- The founder of the company has 20+ years of sales experience in the Saudi market, and 12+ years of experience in starting and running the companies.

- The business has a registration certificate.

- The business is located in Saudi Arabia but the advisor is in India.

- Further details will be provided after the NDA is signed.

Products & Services Overview

Top-selling products are software testing, quality testing, QA, and application development. They cater to clients in industries such as banking, government and others.

Assets Overview

Details will be shared after initial interest and signing of NDA.

Facilities Overview

Details will be shared after initial interest and signing of NDA.

Capitalization Overview

The business is 100% bootstrapped, has no loans/debts and 100% equity is held by the promoters (husband & wife) of the company under an FDI license.

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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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