Singapore  Singapore

Sell a Business

Listing ID: 1258 Last Refreshed: 07/05/2019 Total Views: 33258

Profitable Business - Consulting & It Firm Need Funds For Expansion

Central Area

Asking Price: S$150,000
Profitable Business - Consulting & It Firm Need Funds For Expansion
  • Premise Type N/A Premise Size N/A
  • Monthly Rental S$800 Rental Desposit N/A
  • Revenue S$100K - 200K Cash Flow S$50K - 100K
  • Gross Profit S$50K - 100K Net Profit S$50K - 100K
  • Stock N/A Liability S$0
  • Payable S$0 Receivable S$40,000
  • FFE N/A Established 2008
  • Owner Role Full Time Staff 3
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Pradeep Maithani
Email Owner

Reason For Sale

Stake will be provided for funding which is required for expansion

Description

Profitable since last four years, this Singapore based business consulting firm is now revamping itself for two reasons, one launching new business lines and two, going big scale in strategy consulting enabled by IT / Digitalization technologies. It want to set up back up support center in India (place already taken up and consultants recruitment is on cards). Company want to move into business digitalization applications leveraging its vast experience of business management ERP, Analytics and consulting from various industries such as Airlines, Oil and Gas, Power, Automotive, Chemical, Pharma, PSUs. Manufacturing etc.. It is partner with largest business software manufacturer in the world and another Analytical solution firm from USA. Revamp plan is ready. Based upon funding, company will enable new business line. It will also use funding to expand current business for higher sales revenues. Very skilled leadership and deep core skills of business is key asset available already. Funding will enable a two prong higher scale of business, sale per customer as well as number of customer, both will go significantly high. An excellent investment opportunity!

Only serious buyers please. previous years PnL, Balance sheets available with future business and expansion plan details. Expansion work already started.

Price indicated is for 10% stake. Maximum 30% stake will be sold. Interested to expand the company board with right talent. So, an understanding of IT / Hi-Tech/ Digitalization industry or Business management experienced individuals are highly desirable. Along with investment, ability to grew business will also be a critical factor of this proposal. 

Company is fully functional in Singapore and registered in India and Malaysia. Current pipeline of Q1 Revenue is 568K (included only the work where we are the only vendor, around 200K is already secured).

Business Operation

laptops, printer, office equipment, website.
Facilities
Its a very big market, though competition is also there. However, company is coming in to new lines where it holds new product and service with very less completion, wants to expand on those lines.
Competition
Expansion potential is tremendous. A right investment amount can lead to great heights.
Expansion Potential
No need, owner will still continue.
Supporting and Training
We are looking for investors. However, people with IT, Consulting Sales leadership or Management Consulting skills are desirable, if they want to play role actively.
Background & Skills

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
Mobile Number*
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