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Listing ID: 3521 Total Viewed: 664

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

Central Area, Singapore

Asking Price : SGD480,000

Revenue: SGD647,000

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2014

Gross Profit: SGD575,649

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD275,500

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 6

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

Reason To Sell
Owner is venturing into a new business project which requires his full time attention to oversee it.
Business 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 Operations
Business Hour:
9am to 630pm
Staff:
3 Local, 2 Foreigners, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
700sqft
Rental Fee:
SGD4,300
Rental Deposit:
SGD8,600 (NOT included in selling price)
Lease Term:
1+1
Premises Detai:
- CBD office area - Fully fitted up from scratch - Glass enclosed meeting room - Director/manager room
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
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
Competition:
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.
Expansion Potential:
Currently we are lacking in sales consultants. With more hiring efforts, we can accommodate 4 more sales consultants to double sales revenue.

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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