SGD20K - 50K
SGD200K - 500K
Reason To Sell
We develop cutting edge Mobile Apps for our clients. Mobile App industry is expected to grow to $77Billion worldwide (App downloads and In-App spending) due to widespread use of mobile phones and devices. As of now, there is average of 1.4 mobile devices per person in the world
We expect a high profitability based on our plan to key in on businesses as we already have a strong pipeline of customers expressing the need for such services and products to the software manufacturer. Our management is experienced in dealing with corporate decision makers and our technical expertise in software development ops will be the cornerstone of our success.
Our First Year Revenue for FY2016 (Apr 2015 to March 2016) is $480,000. With the additional capital from our investor to enable the execution of our planned strategy. We expect our revenue to grow in double figures in the coming years
Our profit in the region of $100,000 (and increasing) per annum will bring increasing cash flow over the years to the investor and given the high demand of software products in the coming years will increase the valuation of our company will make this an attractive investment proposition
We are currently profitable and cash flow positive. We are seeking a SGD 250,000 dollar investment to assist in covering manpower costs, development cost, research and development cost and marketing expenses
6 Local, 12 Foreigners
There is high barrier of entry as IT development business requires very stong and professional skill set
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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