Singapore  Singapore

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Listing Id: 1125 Last Refreshed: 07/05/2019 Total Views: 39411

IT – Regional Business

TampinesInformation Technology
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$1,000
  • Rental Desposit N/A
  • Revenue S$120,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$24,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 12
  • Established 2001
  • Source Direct Seller

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. .

Business Operation

Servers for testing and demoing, and to run email
Facilities
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.
Competition
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.
Expansion Potential
Full training in how to manage operations, vendors, customers, tech support, sales
Support and Training
Strong management skills, experience in IT industry
Background & Skills

Property Information

Rent
Premise Status
Large shared office in IT hub, training room with 15 workstations
Premises Details
Yes, it can relocate to other place
Relocatable
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