IT Company Looking for Franchise Partner
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Software & Web Development Projects, Telecom Projects
Clientele type
India
Premises
Office in Gurgaon. 35+ soft, 3 vendors-3rd part
Asking Price Includes
Will Provide them Training & 2 dedicated staff will be allotted. Also person will get 40% margin from telecom & software both projects.
Reason
Expansion
Other Details
The IT company was started in 2012. It deals in software and web development services, also provides internet, bulk SMS, and other IT-related services.
It provides its services to telecom giants like Vodafone, Idea, and Jio-Ericson.
Currently the company is based in Madhya Pradesh and has franchises in Gujarat and Bhopal & Gurgaon - Haryana.
It is planning to expand and open franchises in the southern zone. Presently it is working on national projects. The International Projects have been stopped due to the COVID situation.
There are around 35+ employees working in the MP branch which is the main branch. They also have 3 vendors (i.e 3rd party).
The company is able to generate a turnover of close to INR 2 Cr in this COVID situation. The profit margin they are getting is around 30%.
Company is generating 50% revenue from Software & Web development services and 40% Revenue from Telecom Projects.
Expected franchise fees are between INR 40,000 – 70,000 of which if the person is completing the contract before 2 years then 20% is refundable & after 2 year 100% is refundable.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Share your ProposalYou may also like
Verified
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works
