Established Software Development Company For Sale

Sydney, Australia

Asking Price: $300,000

Business For Sale Details

Listed on Aug 25, 2023

We are at present looking to dispose our existing well established software development company in Sydney Australia which has a branch office in Melbourne.
Our company is established in 1999.

This company has a fully functional offshore development centre in Sri Lanka which is a fully owned limited liability company operating at 1/3 cost of a comparable onshore teams.

This growing company has been consistently profitable due to a solid track record, stable base of short and long-term projects with established clients, high gross margins and full stack software developers who can handle any development work remotely from Sri Lanka. Access to top end Human resources if required for expansion.

The company provides information technology services including software development, managed services, content management and quality assurance. Well established with 20+ Employees.
This business is for sale due to owners' retirement.
Asking Price – AUD 450,000
Financial year 2023
Gross Revenue - AUD 405K
Net Profit – AUD 221K Cash Flow – AUD 250K

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Financials (USD)

Asking Price $300,000

Cash Flow $175,000

Sales $302,000

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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