Singapore  Singapore

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Listing Id: 25963 Last Refreshed: 01/08/2022 Total Views: 538

(Expired)Psg Pre-Approved Sales & Inventory Software Company For Sale

GeylangSoftware Design and Development
Asking Price: S$1,500,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type Office Building Premise Size 1100 sqft / 102 sqm
  • Monthly Rental S$2,100 Rental Desposit S$4,200
  • Revenue S$10K - 20K Liability N/A
  • Gross Profit S$10K - 20K Net Profit S$20K - 50K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Ming cheng

Reason For Sale

Need to assist with family business

Description

Key Highlights
Government Grant for all SME customers (Government will pay for their purchase based off 70% of the packages (6.5k, 8.4k and 10k SGD)
Existing contract with receivables of SGD 864k
Outsourced Developers / Vendors will be provided
Full software will be handed over to new owner
5000 E1 Account to go with
Operations
We've been working closely with government entities to assist SME on their go-digitalization progress with the government assisting keen SMEs to offset their purchase from us by 70%
Customers
SMEs requiring a Enterprise Resource Planning software
Financials
Receivables of SGD 864k upon completing of 27 projects will be handed over to next owner, i'll be assisting for the completion of the 27 projects.
Additional Notes
Recommended only for buyers who has knowledge on how software works. The company is profitable and we've already submitted our renewal for the next 2 years of the govt license. there is currently only 7 other competitors in our licensed segment.

Property Information

Rent
Premise Status
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