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Leading Web, Mobile / Tablet Software Dev Company
Location India
Asking Price Range $500K - $1.0M
Gross Revenues $500000
Net Profit / Cash Flow $500000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 35 - 49
Inventory 100000
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Leased
Description Leading web development, mobile development, tablet solutions development, software development, web design and internet marketing company
Currently approx. 15 ongoing agile / work on hire contracts - with clients regularly making monthly payments. More than half of these are long term contracts (ongoing since last 1 - 4 yrs)
Sales turnover of USD 500K in FY 10-11, and growth rate of 30% year on year since beginning
Current 40 employees, which includes the development team (project managers, team leaders, senior software engineers in different technology verticals/ service lines, testers, designers), business development, HR/accounts/ support staff
More than 15 web properties which generate leads / requirements for services - resulting in more than 3 - 4 leads daily (on average)
Large offshore development center based in Mumbai (Bombay), India - High end interior and infrastructure includes very impressive interiors with international look and feel, 75 workstation capacity, 3 cabins, 1 conference room - Located close to the international airport in Mumbai
Technology portfolio includes AJAX, Microsoft .NET, PHP, Perl, LAMP, Flash, Flex, CSS for the web. It includes iPhone/ iPad, Android/ Honeycomb, BlackBerry, Windows Mobile, Palm, Symbian for mobiles/ tablets. It also includes ready solutions implementation such as OS Commerce, Moodle, SugarCRM, Joomla, Drupal and DNN
Service lines includes CRM, SFA, SCM, collaboration, eCommerce, eLearning, internet/ mobile networking, mail order, POS, bar coding
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