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Mobile App Development Company for Sale For Sale

R2,700,000

Business Description

This business is a leading mobile app development company in South Africa, who ranks number one for App development on Google.  They develop apps and have existing clients on recurring retainers.  This business has a bright future in app development as the foundation for growth is solid.

This business is established, has high credibility and an existing client base providing for R30 000 in monthly recurring revenue. So, each new project is profitable instantly. No money is spent on marketing the business services as it is at the very top of Google for app development searches.  This businesses offers services that are in high demand and has big potential to grow.

 

Business Details

  • Property ID: JT-262
  • Price: R2,700,000
  • Turnover: R2.2mil
  • Actual Profit/Year: R1.2mil
  • Turnover range: R2mil-R3mil
  • Profit range: R1mil-R3mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: This business has reached a point where it needs to expand operations
  • Business history:
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: Premises can be re-located (Currently in Business Centre)
  • Rent & lease terms: R10 000 per month / Lease agreement until end of April 2018. Can be renewed
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: TBC
  • Stock included in sale: Yes
  • Value of stock: R400 000
  • GENERAL COMPANY INFO:

  • Employees: 2 owners; 3 Freelancers
  • Trading hours: Normal Business Trading Hours
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Greater Cape Town
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Johan Taljaard
    0837975678
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