Profitable Web & Mobile Development Business Investment Opportunity in Da Nang, Vietnam

- A European led software development services firm located in Vietnam, providing web and app development to startups, SMEs, and enterprises globally.

- With revenue exceeding 23 billion VND (c. USD 1m) last year, the company has a diverse client base of over 45 clients globally, with the UK being the largest market, and clients also from Germany, Dubai, Hong Kong, Australia, Vietnam, Japan, and other geographies.

- The leadership team consists of a British Director, a Swedish CEO, and a Vietnamese CTO, providing a diverse and international perspective to the business.

- The company has been recognized with multiple awards, including SME100, Clutch, and The Manifest, showcasing its industry recognition and reputation for excellence.

- The company has an average of 50 projects per year with an average project duration of 4 months and an average project value of USD 40,000.

- Client base includes digital agencies, fintech, hospitality, travel, and hotels, among other industries.

- The company has a strong client retention rate of 89% and 34 full-time staff.

- Currently, the company is seeking a full exit within the next 3-5 years.

- Has a contractor pool of >100 engineers and has received 1,500 engineer applicants to the company in the past two years.

Software development services firm providing web and app development.

Clients are startups, SMEs, and enterprises from digital agencies, fintech, hospitality, travel, and hotels, among other industries. Based in Germany, Dubai, Hong Kong, Australia, Vietnam, Japan etc.

Computer hardware.

Proprietary source code.

Furniture.

Other miscellaneous office equipment.

Rented office located in Da Nang.

Hybrid working model.

- Zero debt or loans outstanding.

- Funded by friends & family (UK based, total of 4)

Grown organically otherwise.

- Founder owns 65%, F&F owns 25% and 10% equity pool for staff.