Profitable Running IT Company for Sale in Jamshedpur, Jharkhand

Listing IDSL000656 Ticket SizeINR 5 Crore - 10 Crore Last Year TurnoverINR 1,17,12,542 Verification Status Pending

Business Details

Acquire a well-established IT company which started its operation in the year 2002. It is a sole proprietorship. It is part of an IT group based in Northern India with hardware and networking solutions and maintenance in Jharkhand, West Bengal, Orissa, Bihar and other states. Group also excels in the field of fiber optic data communication, wireless communication, telecommunication and providing world class IT related services and solutions under its well-known brand name. It is a vendor of the "TATA Group". Business associated with big giants like Tyco Electronics (AMP), CISCO, D Link, Samsung, HP, Microsoft, Intel, AMD, Sony, Canon, TVSE, LG, Frontec, Moserbear etc. Currently there are 20 employees which can be enhance up to 50 employees. Turnover in the year 2012 - 13 was INR 1 Cr.+ and in the year 2013 -14 was INR1.1 Cr.+. Profit for Assessment Year 2014-15: INR 11 Lakhs+. Due to family issues the owner wants sell it. Asking price: INR 7.5 Cr.

Total Views750 Buyers Contacted4
Reason Family issues
EBITDAAvailable on request Last Years Gross ProfitAvailable on request
IndustryInformation Technology Sub IndustryOther IT
StateJharkhand CityJamshedpur
Company TypeSole Proprietorship Started in NA
Employees11-25 Employees Listing created byOwner

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