IT Company Looking for Franchise Partner
Email
Phone
Google
LinkedIn
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Product / Service
Software & Web Development Projects, Telecom Projects
Clientele type
India
Premises
Office in Gurgaon. 35+ soft, 3 vendors-3rd part
Asking Price Includes
Will Provide them Training & 2 dedicated staff will be allotted. Also person will get 40% margin from telecom & software both projects.
Reason
Expansion
Other Details
The IT company was started in 2012. It deals in software and web development services, also provides internet, bulk SMS, and other IT-related services.
It provides its services to telecom giants like Vodafone, Idea, and Jio-Ericson.
Currently the company is based in Madhya Pradesh and has franchises in Gujarat and Bhopal & Gurgaon - Haryana.
It is planning to expand and open franchises in the southern zone. Presently it is working on national projects. The International Projects have been stopped due to the COVID situation.
There are around 35+ employees working in the MP branch which is the main branch. They also have 3 vendors (i.e 3rd party).
The company is able to generate a turnover of close to INR 2 Cr in this COVID situation. The profit margin they are getting is around 30%.
Company is generating 50% revenue from Software & Web development services and 40% Revenue from Telecom Projects.
Expected franchise fees are between INR 40,000 – 70,000 of which if the person is completing the contract before 2 years then 20% is refundable & after 2 year 100% is refundable.
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₹10 to ₹200 Cr
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