Businesses For Sale in SingaporeSingapore

Listing ID: 1780
Total Viewed: 8015
Last Refreshed: 03/01/2019

Cash Flow Positive Profitable IT Company For Sale


Asking Price : SGD500K - 1M

Revenue: Not Disclosed

Cash Flow: SGD100K - 200K

Payable: Not Disclosed

Established: 2009

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason To Sell
I’m selling because I want to focus 100% of my time on another company.
Business Description

This is a small IT company with positive cash flow on revenues of between $100k and $200k per year. This company has been around since 2009 and our longest serving client is 7 years and ongoing. The company has existing contracts and around $80k receivables upon completion of existing projects. We have about 6 concurrent projects at the moment.

This is a good opportunity if you are looking to establish a quick presence in Singapore, build up a portfolio immediately, taking over a profitable cash flow positive technology company. We all know around 80% of companies can’t make it through the first year so that explains how difficult it is to build up a profitable cash flow positive company.

I’m willing to listen to any reasonable offers. I’m looking at around 5 times revenue, so between $500k and $1 million.

I’m selling because I want to focus 100% of my time on another company.  

Business Operations
Not Disclosed
Property Information
Premise Status:
Rental Fee:

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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