Ad ID: 70046 Inactive

Software and App Development Business for Sale Takapuna

Fast growing and award winning software development company with 200% growth PA. (Fully Managed)

Location:
Asking:
$795,000
Negotiable
Turnover:
$800,000

Business for Sale Description

Software and App Development Business for Sale Takapuna

The Software Development Company that focus on all the latest technology and has more than 30 mobile app clients and all systems and procedures well established.

The business has some of the best developers in NZ and the Company is very profitable after two years. The business focus on Mobile Apps, Web App, Beacon Technology, AI, VR and Blockchain

No IT experience needed by the new owner but would be beneficial

All the clients are local clients and entrepreneurs and most is now moving over to a fixed maintenance agreement that will further increase the profitability and monthly income. Once a client, always a client.

This market is not easy to enter as the barrier to entry is high and a Company need a big portfolio and previous happy clients to grow. Buying this business will put you on track for a further 200% growth in the next financial year. 

Be quick this self running business will not last long. 
Owner has other business interests and do not have the luxury of time to split between all businesses.

This could suit a Investor who wishes to be passively involved,  Or an entrepreneurial CEO to drives it to the next level. Current drawings exceeded 250k per year.

The business is only 6 months in the new financial year and close to the previous year turnover. Due to our other Companies that are also in a very fast growth spur, we won’t be able to handle all the companies at once and want to sell this one.

Business Resources

The business include 14 Staff Members including a; Project Manager, Business Manager and two creative (UI/UX) staff is driving the business.

All the Computers (Apple etc)  and equipment valued at 75k or more is included.

The Company has a flexible office rental situation in prestigious offices in the North Shore of Auckland.

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