Profitable 5 Year Old, IT company for sale in Bangalore
About Business
A reputed IT company is looking for either part-sale or outright sale in Bangalore. The company is into providing ERP & SAAS solutions, Datacenter services, web hosting & development services, cloud-based solutions, CRM & Project Management solutions etc. Their premium clientele includes reputed telecom companies from India as well as the USA. Currently, the company is having 11 active service contracts. Current staff strength: 10 people. Last financial year's turnover: INR 60 Lakhs(approx). The seller is looking for outright sale or part-sale, he has plan and strategy ready for future years, which he is ready to share with the prospective acquirer also ready to provide handholding support to the new acquirer for several months after the acquisition. Asking Price: INR 3 Crores for outright sale (Negotiable)
Reason
Need Funding to Grow Further but Also Ready for Complete Exit
Keywords
Business Tags
₹10 to ₹200 Cr
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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
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