Singapore  Singapore

Sell a Business

Listing ID: 2693 Last Refreshed: 07/05/2019 Total Views: 13954

Profitable Software / Mobile App IT Company Looking For Investor

Central Area

Asking Price: S$500K - 1M
  • Premise Type N/A Premise Size 1200sqft
  • Monthly Rental S$2,500 Rental Desposit N/A
  • Revenue S$500,000 Cash Flow S$20K - 50K
  • Gross Profit S$200K - 500K Net Profit S$150,000
  • Stock N/A Liability N/A
  • Payable S$10,000 Receivable S$80,000
  • FFE N/A Established 2012
  • Owner Role Full Time Staff 6
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Kai Lo
Email Owner

Reason For Sale

Expansion

Description

We develop cutting edge Software solutions for our clients.  Our solutions target Small and Medium Entreprises (SME) which requires technology to improve their business sales, productivity thereby enhancing their competitive edge.



Due to rising costs and tight labour market, companies are in need to increase their productivity and boost their sales. The evolution and increasing popularity of Cloud solutions, Mobile apps, open source technologies are pivotal considerations for businesses looking to increase their edge over competitors


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. 


We are currently profitable and cash flow positive. We are seeking a SGD 500,000 dollar investment to assist in covering manpower costs, development cost, research and development cost and marketing expenses 





Business Operation

There is high barrier of entry as IT development business requires very stong and professional skill set
Competition
Very High
Expansion Potential

Property Information

Rent
Premise Status
Email Owner
Your Name*
Mobile Number*
Email*
Message

Just a moment... we are processing the request