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Web Design And Development Company For Sale
Location India
Asking Price Range $250K - $500K
Gross Revenues $200000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 35 - 49
Relocatable Yes
Number of Employees 35 - 49
Real Estate Owned
Training Yes.
Reason for Sale The reason for selling the company as the management been into construction and schooling business, its quite difficult to maintain the organization.
Description ABOUT COMPANY
The company was established in the year of 2005 as Techtrix Technologies and later in 2007 it is named as Motiveminds Solutions PVT LTD. Motiveminds started with a team of 4 and within 3 years time the team increased to 40+. Presently the company got its own brand name in the market and outstanding portfolio. So far the company has done more than 400 projects which are ranging from $500- $70,000, partnering with more than 80 clients from the US, UK and AUSTRALIA. The portfolio is the key strength of the company. The average gross sale of the company is $300,000 USD/year. This company can be relocated in any country. Presently the company has no working employees and infrastructure as we stopped taking new contracts and operations in India. The reason for selling the company is that the management has been into construction and schooling business, its quite difficult to maintain the organization. Now the company operations are running from Australia where the present project is getting done with 7 temporary resources. At present Motiveminds is working 5 projects worth of $12,000 USD and which can be finished this month. So we have decided to sell the business.
PORTFOLIO
The main asset to the company is portfolio. We have done more than 400 projects. We have done all kind of projects like static website to desktop application and iPhone applications.
CLIENTS
We have more than 80 clients from different countries like UK, US, AUSTRALIA and CANADA.
PRODUCTS
Motive Minds has its own products.
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