Singapore  Singapore

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Listing ID: 1125 Last Refreshed: 07/05/2019 45891 Views

IT – Regional Business

Asking Price <span class='currency'>S$</span>200K - 500K

Overview

Financial Performance

Monthly Figures
Revenue
S$120,000
Gross Profit
Not Provided
Net Profit
S$24,000
Monthly Rentalt
S$1,000

Operations & Ownership

Staff
12 Employee
Year of Incorporation
2001
Owner Role
Full Time

Property Information

Premise Status
Rent
Premises Details User-entered information
Large shared office in IT hub, training room with 15 workstations

Operations & Growth

Reason For Sale

Owner retiring

Description

Huge oppty for IT
entrepreneur or high energy engineers to take over established, dynamic
regional company. Unique software technologies, high value-added, hundreds of existing customers in the region, thousands of IT people know of us, so a steady incoming stream of prospects. Products of choice in their industry segment,
needed by organizations running vital systems. Little to no competition because most integrators know only legacy architectures. High success rate in projects, high margins due to unique technologies and unusually low operating costs because of our unusual company organization. Unlimited upside because no hard selling needed. Once people understand what these technologies do, 90% of the sale is made. Knowledge of Windows servers, infrastructure helpful. .

Facilities

Servers for testing and demoing, and to run email

Competition

Little to no competition because most integrators know only legacy architectures. Our software delivers capabilities most people are not aware of, and drive down costs from Day 1.

Expansion Potential

Huge upside because market penetration is still small, but most organizations need this function and competitors are years behind the technologies we bring to market.

Buyer Support & Terms

Support and Training

Full training in how to manage operations, vendors, customers, tech support, sales

Background & Skills

Strong management skills, experience in IT industry
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