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Listing ID: 2806 Total Viewed: 1

Cloud Solution And Erp Business Need Funds For Expansion (Sold)

Central Area, Singapore

Asking Price : SGD50K - 100K

Revenue: Above SGD1M

Cash Flow: SGD200K - 500K

Payable: Not Disclosed

Established: 2007

Gross Profit: SGD200K - 500K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD200K - 500K

Liability: Not Disclosed

FFE: SGD10,000***

Staff: 20

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

Reason To Sell
Expansion and funds for new projects closed
Business Description

We are in the process of getting partnership from the world's largest business software firm in Singapore, Malaysia India. We have got the first project implementation in cloud based ERP and implementing in Singapore, Malaysia, Hongkong, Dubai, India and Poland for our client. We are in the process to getanother big one too. We are the only one who has done the localization and stand a very good chance to get more projects from our principle and other partners. We also have few more projects going on.

We also have created our own packaging of the solution to sell it to SMEs and working for Govt, Industrial belt, University in India on alarge implementation program covering hundreds of industries while having a regular training program with the university to produce resources for future projects.This program will be approved by Ministry, govt of India.

Since we are working on such large project and likely to get more projects in Singapore, we are looking for funds to expand our business. We are also making our own ERP to sell to our clients if they are price sensitive to spend on biggest brand of business software.


We have come up with game changer sales and implementation methodology which is unique for our cloud solution and targetted client segment which will give us clear advantage as compititor will never be able to match that. methodology disruption!!


Excellent opportunity as it has a large volume of untapped clients. around 25% stake will be sold with an expected price of 50K for min 2.5%.


Business Operations
Preferred Skills:
Business Management preferably in IT application from sales perspective
Supporting and Training:
Yes
Staff:
6 Local, 10 Foreigners, 4 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1200sqft
Rental Fee:
SGD1,500
Rental Deposit:
SGD3,000 (NOT included in selling price)
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Big brand partners, Knowhow of latest business cloud based applications
Competition:
Very low in the focus area. In fact in Singapore we are only one who have knowledge how to deliver this and we are the first one who is doing this cloud ERP project.
Expansion Potential:
Very Huge

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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