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Outsourcing Software Development Company For Sale

Batumi, Georgia
Asking Price:
$150,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,100,000 (USD)
Cash Flow:
Under $50K (USD)

Our company is an outsourcing software development company with 70+ employees and 1M+ yearly revenue.

Our technological stack is very wide: React, Angular, Node.js, Vue.js, React Native, & machine learning. We have a solid team and well-built business processes.
Lately, we faced a lack of customers and we are looking for a strategic partner who needs a good development team and can provide us with projects.
Price is negotiable.

For more information, please contact us by using the form below.

Property Information

Location:

Originally we were founded in Minsk, Belarus and there are 50 developers located. But due to the war in Ukraine we moved our headquarters to Batumi, Georgia. There we have 12 employees. And we are aiming to gradually relocate our personnel from Belarus to Georgia.

Premises Details:

In Minsk we rent 300+ sq.m. office. In Batumi we rent 100+ sq.m. office.

Business Operation

Expansion Potential:

We are professionals. We established a robust software development process. We are pretty mature company and have high expertise in technical field. 80% of our clients return to us or work with us for a long time. We just need to solve short-term financial issues and some investments in marketing, so that we will be able to grow steadily and become a profitable company.

Competition / Market:

We have good main delivery process and make our clients happy. But because of political reasons many European companies stopped working with us. Now we are rebuilding our model, so that to find clients who don't discriminate on origin basis.

Reasons for selling:

Due to the war in Ukraine we face lack of projects for our development team. Looking for a strategic partner who needs a reliable and professional software development team.

Trading hours:

24/7 operation

Employees:
70+
Years established:
5

Other Information

Support & training:

Any kinds of support

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The price requested of $150,000 we are planning to invest in to business to repay our loan and solve the lack of liquid capital.

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Website:
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Related Documents:
Relocatable:
This business can be relocated.
Distressed:
This business is a turnaround opportunity.

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