Listing Id: 3521
Last Refreshed: 07/05/2019
Total Views: 13383
(Expired)Profitable IT Solutions Company For Sale >$250K Nett Profit/Annual (Call 8321-3232)
Central AreaSoftware Design and DevelopmentWeb Design and Development
Asking Price: S$480,000
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$4,300
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Rental Desposit
S$8,600
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Revenue
S$647,000
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Liability
N/A
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Gross Profit
S$575,649
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Net Profit
S$275,500
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
3
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Established
2014
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Source
Direct Seller
Reason For Sale
Owner is venturing into a new business project which requires his full time attention to oversee it.
Description
A fast paced modern IT company providing a wide array of services, we have grown from a small web designing firm to a full fledged IT service provider within a few short years.
Our services includes:
- Web design and development
- E-commerce solutions
- Web applications
- Mobile app development
- CRM software development
- POS software development
- POS software solutions
- IT consultation
- IT Marketing consultation
- SEO/SEM services
We design solutions to solve complex operational problems faced by many businesses in the most cost effective way. Our team are constantly researching and testing new and better solutions as technology emerges. 90% of the company sales come from software and application sales, which enable us to achieve the high gross profit margins.
Net profit listed is after taxes, director's salary and director's fees (of $40,000)
Business Operation
9am to 630pm
Business Hour
Fitted with professional office tables, chairs, director's tables and meeting room table. 6 x windows based workstations 1 x 21" IMac station 1 x Macbook Air 1 x Apple Ipad 1 x Asus tablet laptop 1 x IBM laptop 7 x Cisco IP phones 2 x Office copiers CCTV system
Facilities
In this competitive market, we always thrive to out beat out competitors by providing value added services. We do so by constantly looking out for new market trends, new technologies and widening our product range. Our uniqueness is also keeping development cost low, which can in turn be pass down to our consumers.
Competition
Currently we are lacking in sales consultants. With more hiring efforts, we can accommodate 4 more sales consultants to double sales revenue.
Expansion Potential
Property Information
- CBD office area - Fully fitted up from scratch - Glass enclosed meeting room - Director/manager room
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore