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Investor Needed - Mobile Lbs Business In Asia

Location  Thailand
Asking Price Range  < $250K
Gross Revenues  $100000
Net Profit / Cash Flow  $100000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Reason for Sale  Need equity partner.
Description  A team fo telecom - business professional executives formed a potential start up mobile software (location based services) company at end of 2009. It focuses on mobile CRM (campaign) replacing traditional membership card/coupon/questionnaire. The services can serve many industries ranging from retails(F&B - garment), financial, media etc. This industry will have the highest industry growth in year 2012 (from Gartner research for mobile business fields). The company current status is not just a plan, it has a complete product version 1.0 and most importantly, it secured a first customer from a media industry on February 2010 and has many other potential customers in pipeline. The business service is based on Software as a Service (SaaS) model. Not only local Thai market, it also has a great potential to penetrate SEA or Asia such as Vietnam(80 Million people)/ Indonesia (200+ Million people). currently, we need 3.8MB (1.2 M USD) investment capital for operation/sales boost the business.
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