Running Software Development Company For Sale In Jodhpur
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They specialize in software development, focusing on mobile app development and custom software solutions. Their expertise extends to tech consulting, with key technologies including Flutter, Kotlin, Swift, Node.js, Angular, and AWS. The company offers a range of services, including project-based custom development and recurring support and maintenance contracts.
Clientele type
Their client base includes 10-12 active international clients in industries such as e-commerce, insurance, logistics, and streaming services. The company has a strong presence on platforms like Upwork and maintains long-term relationships with clients, with around 70% of revenue coming from direct clients.
Premises
LEASED
Lease per month (in INR): 35,000
Security Deposit (in INR): 105,000
Carpet Area: 900 sq ft
Operating from a leased office space of 900 sq. ft. in Jodhpur, India, they are equipped with the necessary facilities for software development.
Asking Price Includes
The asking price includes 100% ownership of the business, which covers the client base, team, intellectual property, and all operational assets. This includes active client contracts, a team of 25 employees (developers, project managers, and QA professionals), and the company’s entire tech stack comprising software, codebases, project resources, and proprietary tools. Additionally, all 8 active projects are part of the deal, ensuring continuity in operations and revenue. Other key assets essential to the company’s functioning will also be transferred to the buyer.
Reason
The Promoter is seeking to transition into new ventures, with flexibility for a full sale or fundraising to drive business growth.
Other Details
They started this business in May 2016, the company has established itself as a respected player in the tech industry, demonstrating consistent revenue growth. It is debt-free and operates profitably, with substantial potential for expansion through service diversification, geographic reach, and enhanced marketing. The owner is seeking to sell the business to pursue new ventures but is committed to providing 12-18 months of transition support to ensure a smooth handover. This acquisition presents a unique opportunity to acquire a thriving software development company with a solid reputation and strong financial performance.
Future Growth Opportunities
1. Increase Customer Acquisition
- Dedicated Marketing Team: Build a marketing team to target new clients across sectors such as e-commerce, insurance, streaming, and logistics. Utilize SEO, PPC advertising, email campaigns, and social media marketing to boost online visibility and attract a broader audience.
- Lead Generation: Implement inbound marketing strategies, including content marketing and tools like LinkedIn or Google Ads, to drive potential clients globally.
2. Boost Brand Visibility
- Expand Marketing Efforts: Enhance brand recognition and reputation in existing and new markets, especially in North America, Europe, and Africa. Invest in consistent branding, thought leadership, and content creation to establish the company as a leader in custom software and app development.
- Industry Conferences & Networking: Attend key industry events and network with potential clients and partners to secure significant projects.
3. Expand Team & Operational Capacity
- Team Expansion: Increase development and project management teams to handle more clients while maintaining service quality. Hire specialized developers (e.g., AI, blockchain experts), QA engineers, and business development personnel.
- Scaling the Team: Grow the human resources team to manage hiring and onboarding efficiently as the business expands.
4. Increase Revenue
- Diversify Revenue Streams: With a larger client base, revenue will increase. Consider targeting new markets or adding complementary services like AI-driven solutions, SaaS products, or digital transformation consulting to diversify revenue streams and enhance resilience to market fluctuations.
5. Long-Term Growth and Sustainability
- Sustained Growth: Implement a marketing strategy that supports long-term growth through retargeting and client retention. Nurture existing relationships and offer upselling opportunities for ongoing maintenance, support, and product enhancements.
- Customer Loyalty & Referrals: Develop referral programs or loyalty incentives to create a self-sustaining customer acquisition cycle through happy clients.
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