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Web & Mobile Development Company for Sale in Mumbai, India

Mumbai-based IT services provider specializing in web & mobile development and designing with 8-10 clients.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 40 %
Industries Web & Mobile Development
Locations  Mumbai
Local Time 8:43 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: INR 165,000,000)
Reason: Director wants to focus on other commitments, and won't be able to give dedicated time to this busin... View More
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Mumbai-based IT services provider specialized in web and mobile development, designing, and AWS infrastructure.

- The company has established a client base primarily consisting of top real estate companies in India, with 8 to 10 key clients.

- The majority of projects are on retainer contracts for one year, providing a steady revenue stream.

- The company derives significant revenue from retainer contracts with two major clients, which have been consistently renewed for the past 10 years.

- Additionally, the company offers event management apps with a pay-per-use model, diversifying its revenue streams.

- Has an impressive project volume of 40 to 50 projects per year.

- Currently working on PHP and its frameworks, CMS for website and web application management, 24x7 AWS infrastructure management and support, domain management and graphic & UI designing.

Products & Services Overview

Services include:

Resource Staffing.

Website Development.

Mobile Development.

Third party integrations.

Designing.

AWS Infrastructure Management.

Domain management.

Top selling is web development.

Clients are mainly real estate companies across India.

Assets Overview

- Computer & Laptops.

- Furniture.

- AC's.

- Pantry equipment.

- Other office equipment which is currently in use for running the company.

Facilities Overview

Rented office space of 750 sq feet carpet area in a commercial building in Wadala (E), Mumbai.

High-speed Internet with backup.

Capitalization Overview

- Debt-free company, No Loans.

- Self-funded.

- Profit making company.

- One director holding 100% shares.

- No Outstanding payments.

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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