IT Startup With International Clients Looking For Exit

Listing ID: SL012764
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

Product / Service

We have 2 international clients, our experienced team handles their servers, database, IoT and DNS

Clientele type

International clients

Premises

Work from home

Asking Price Includes

Our clients, experienced staff and database

Reason

Due to the unfortunate demise of a key member of management we are panning to handover the business

Other Details

This Company was promoted by D. Basu in the year 2017 and under his stewardship the Company got the recognition as a START UP COMPANY by Govt of India in the year .
Company was doing business 24 x7 for the USA and Canada clients with 4 staff members
On his sudden demise at the age of 32 years in the year 2021, the new Director has taken over and operating the business with same clients.
There has been a fixed income of INR 150000 per year . The recurring expenses are staff salary, and maintaining the google space.
The strengths are of experienced staff and business are from abroad clients.
If there is marketing support, the Company will grow like anything.
Now as a Director we are unable to do the marketing and hence decided for sale off.
The best buyers would be from Information Technology

Keywords

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Contact IBGrid Team

You may also like

Frequently Asked Questions

How to contact a business owner directly to buy or invest in a business?

Connecting with a business owner directly is simple! Just follow these 3 easy steps:
1. Create your FREE Investor/Buyer profile on IndiaBizForSale
2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences.
3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it works

Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.

How does IndiaBiz verify the business information?

The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.
We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

What to consider before buying or investing in a business?

Below are some of the factors that need to be considered before buying or investing in a business:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have second-line of management?
  • Are you going to run the business on day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
  • Will the clients continue with the business after the acquisition?
Most of the above questions should be answered when you are evaluating any business opportunity for acquisition/investment.

What support can I expect from IndiaBiz?

If you have any queries or need help, our team is here for you! You can email us at [email protected]
Our Advisory team also provides support related to business valuation, business plan documents, and franchise expansion plans at a fee. Contact our sales team for more details based on your requirements.

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.