Profit Making IT Startup For Sale
Location India
Asking Price Range $250K - $500K
Gross Revenues $350000
Net Profit / Cash Flow $350000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Yes.
Reason for Sale Will work with the buyer. Past liabilities on my head.
Description We are a it start-up company with 26 engineers and 14 clients . We are in to web based solutions and application development. We have clients from US, Germany, Netherlands, Ireland, Australia and Oman. We are in to both Microsoft development and open source technologies.
We are currently doing business worth $30,000 - $35,000 per month now with an average monthly profit of $10,000 - $12,000. We will be acquiring more clients in the coming month and expect annual profit of $200,000 for the year Jan 2011 to Dec 2011. Contact for more information on this IT startup for sale.
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