Profitable Software Company with Branded Clientele for Sale in Bangalore
Product / Service
Company has developed an end to end School and College management software on the Microsoft Dynamics Navision product, with a front end portal for students, teachers and suppliers. Product is registered with Microsoft and is also available in the cloud version. The version needs very little maintenance and runs on very low cost. Existing customer contract has a billable revenue of nearly 50 lacs and the flagship customer is a large and reputed household brand in India. Income tax returns have been filed and updated till 2015-16 assessment year. Software is available with documentation and complete source code in proper order. An existing pipeline is also there which consists of a large university in Dubai, a large school group in Western India and many more prospects which are in various stages of the sales cycle. Company has been developed and is running for the last 6 years. The software can be used for hotel and hospitals also after minor alterations. As the product is already developed currently the company is running the operations with the help of 6 people. If the buyer is looking to expand the current operations, then the seller can provide support with additional team and further hand-holding also. This private limited company is located in Bangalore covering office space of 1000 sq. ft. (rented). Last 3 year's average revenue is around INR 85 lakhs. Asking price: INR 5 Cr. (negotiable)
Reason
To Focus on Other Business
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