Singapore  Singapore

Sell a Business

Listing ID: 3521 Last Refreshed: 07/05/2019 Total Views: 12403

Profitable IT Solutions Company For Sale >$250K Nett Profit/Annual (Call 8321-3232)

Central Area

Asking Price: S$480,000
Profitable IT Solutions Company For Sale >$250K Nett Profit/Annual (Call 8321-3232)
  • Premise Type N/A Premise Size 700sqft
  • Monthly Rental S$4,300 Rental Desposit S$8,600
  • Revenue S$647,000 Cash Flow N/A
  • Gross Profit S$575,649 Net Profit S$275,500
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2014
  • Owner Role Full Time Staff 4
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Kenneth
Email Owner

Reason For Sale

Owner is venturing into a new business project which requires his full time attention to oversee it.

Description

A fast paced modern IT company providing a wide array of services, we have grown from a small web designing firm to a full fledged IT service provider within a few short years. 

 

Our services includes:

- Web design and development

- E-commerce solutions

- Web applications

- Mobile app development

- CRM software development

- POS software development

- POS software solutions

- IT consultation

- IT Marketing consultation 

- SEO/SEM services

 

We design solutions to solve complex operational problems faced by many businesses in the most cost effective way. Our team are constantly researching and testing new and better solutions as technology emerges. 90% of the company sales come from software and application sales, which enable us to achieve the high gross profit margins.


Net profit listed is after taxes, director's salary and director's fees (of $40,000)

Business Operation

9am to 630pm
Business Hour
Fitted with professional office tables, chairs, director's tables and meeting room table. 6 x windows based workstations 1 x 21" IMac station 1 x Macbook Air 1 x Apple Ipad 1 x Asus tablet laptop 1 x IBM laptop 7 x Cisco IP phones 2 x Office copiers CCTV system
Facilities
In this competitive market, we always thrive to out beat out competitors by providing value added services. We do so by constantly looking out for new market trends, new technologies and widening our product range. Our uniqueness is also keeping development cost low, which can in turn be pass down to our consumers.
Competition
Currently we are lacking in sales consultants. With more hiring efforts, we can accommodate 4 more sales consultants to double sales revenue.
Expansion Potential

Property Information

Rent
Premise Status
1+1
Lease Term
- CBD office area - Fully fitted up from scratch - Glass enclosed meeting room - Director/manager room
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
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