1. Businesses
  2. Information Technology
  3. West Bengal
  4. Kolkata
  5. SL001312
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IT / Telecom Service Business for Sale in Kolkata

Listing ID: SL001312
Posted By: Owner
Last Active: 1+ year ago
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About Business

It’s a private limited company formed in the year 1990 as a proprietorship firm. The Telecom company was converted to private limited in the year 2010. The main objective of the company is to provide the complete solution for Radio, Wireless, GPS and Fleet Management solution. It provide the services through Business and IT Consulting and Project Management services. The company is also approved by ministry of communication to deal with radio, wireless product. The business has its head quarter in Kolkata and it even has the other office in Mumbai. Both the places are on the rental basis. The telecom company has tie-ups with some of the government bodies and other private limited company wherein they work on the contract basis with them. Currently there are around 7 contracts in the pipeline. The staff consist of 15 members in Kolkata office and 7 members in Mumbai office. Last year turnover is INR 2.15 lakhs. The gross profit margin is around 30 %. The owner is planning to sell both the office of Kolkata and Mumbai as well. The Asking price for both the offices is INR 2.5 cr.

Reason

unavailability of the capital

Keywords

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Business Tags

Well established

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
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  • Any long-term strategic benefit or synergy with your existing business?
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