7.9 / 10
 Riyadh

IT service business with 8 active clients and 90%+ retention rate for sale.

Key Business Facts
Yearly Sales USD 9.6 million
EBIDTA Margin 25 %
Industries Software Testing Services
Locations  Riyadh
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.
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.
Assets Overview
Details will be shared after initial interest and signing of NDA.
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

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