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#Business ID: 18389

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Established IT Company in New Delhi with International Clientele

Business Location: East Delhi, New Delhi, Delhi, India

Asking Price: BUSINESS SOLD Revenue: INR 1,800,000 Cash Flow: INR 2,200,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Easily relocatable business, doing excellent with minimum overhead expenses, easy to operate with happy client base

Cash flow for last year - RS 22,00,000

- Client base in Europe
- Current ongoing projects worth more then 5 lacks
- Loyal and happy customer base with repeated projects for more than 4 years
- 5 years in business
- More then 100 clients in portfolio to showcase
- Skype account with regular incoming projects from ongoing clients
- 3 Years old 3 letter domain
- Verified testimonials from most of the clients
- More than 3 year old profile on bidding with around 10 leads and 15 invitations everyday
- Well setup business plan
- Very low overhead costs
- Good cash flow with upfront payment for most of the projects
- Customers in various country locations
- Pvt Ltd registered
- Complete assistance provided on handover for the existing clients
- Online payments setup with the current bank account with full accounting books maintained
- Accounts on all major freelancing portals

An excellent opportunity for

1. Company in a similar business - Web development / Mobile apps / Designing
2. An individual looking to get going instantly with a well running business.

Property Details

Size:

2000 Sq Ft.

Years Established:

2009

Property Type:

Real & Lease

FF&E:

INR 300,000

Real Estate Value:

INR 60,000,000

Other Business Details

Business Location:

400 Mts from metro station.

Premise Details:

The office has a siting space of around 40 people and a director and conference room, with pantry and air-conditioning installed. The total space is 1800 sq ft in main market.

Competition:

Not applicable.

Expansion Potential:

The company already has a very positive profile on a bidding site with more then 10 leads to be converted everyday with BD and more staff. The company has very bright opportunity specially if you are looking for a client base in Europe.

Business Operation Details

Employees:

7

Trading Hours:

10:00 AM - 8:00 PM.

Support & Training:

We would provide with the support and clients handover for 3 months for smooth transition.

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Establishing a new IT based product.

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