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Agency Startup United States
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Firm that specializes in sourcing top talent from India for custom mobile and app development

P&L Documents (1)
Asking Price
$2.2M
Multiples
4.7x profit
The asking price divided by TTM net profit.
Learn more about multiples
2.3x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Annual Growth Rate
+30%
TTM Revenue
$970k
Profit
$480k
Last Month's Revenue
$76.7k
Profit
$46.6k

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Agency startup United States

Firm that specializes in sourcing top talent from India for custom mobile and app development

This service specializes in sourcing top talent from India to enhance your team, focusing on custom mobile and app development. It boasts a clientele that includes significant players in the US, such as a $500 million VC-backed client, and extends its reach to Canada. The emphasis is on providing skilled professionals who can contribute substantially to various development projects, ensuring high-quality results that meet the specific needs of clients in these regions. This approach not only brings expertise to your projects but also fosters a global collaboration, benefiting from the diverse skill set and innovative approaches of Indian professionals.
Asking Price
$2.2M
Multiples
4.7x profit
The asking price divided by TTM net profit.
Learn more about multiples
2.3x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
Annual revenue around 1 million with about 50% profit with relationship with US based client for more than 8 years. Significant growth potential as one of the major client has just got acquired by US based private equity that has just got new $500 millions in fund with many other investments. We simply do not have resources to engage.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
 $970k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
 $480k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
 $76.7k last month gross revenue
Last Months Profit
Total net profit last month.
 $46.6k last month net profit
Customer metrics
Active Clients
The number of clients currently under active contract.
10-50 Active Clients
Avg Contract Value
The average revenue value of a client contract.
- Avg Contract Value
Client Retention Rate
The percentage of clients retained over the last 12 months.
- Client Retention Rate
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+30% Annual Growth Rate
Top Customer Location
The top one or two countries by client concentration.
- Top Customer Location
Top Client Concentration
The percentage of revenue coming from the largest client.
- Top Client Concentration
Company overview
Date Founded
January 2011
Team Size
Small (2-20)
Business Model
  • Business-to-business (B2B)
Provide software developers and other technology resources on fixed monthly recurring cost. Some resources are provided on hourly basis. Occasional fixed cost projects from clients as well. Majority of revenue and clients have been with us for 5+ years.
Tech Stack
  • JavaScript
  • PHP
  • Snowflake
  • MongoDB
  • Azure
  • R
  • HTML
  • ASP.NET
  • React
  • C#
  • Java
  • Software Application Development (Mobile
  • Web
  • Web Services) iOS/Android/JavaScript Mobile Application Development Data Analytics/Machine Learning/R/Python .NET Technologies – C#
  • ASP.NET MVC
  • WPF
  • WCF PHP/WordPress/Shopify Azure/AWS hosting/DevOps Java/J2EE Development QA Manual and automated testing Application Maintenance and Technology Staffing
Microsoft stack, Mobile apps, Analytics
Growth Opportunities
  • Improve conversion rates
  • Expand to new markets
Annual revenue around 1 million with about 50% profit with relationship with US based client for more than 8 years. Significant growth potential as one of the major client has just got acquired by US based private equity that has just got new $500 millions in fund with many other investments. We simply do not have resources to engage.
Competitors
  • Cognizant
  • Infosys
Key Assets
  • Customers
  • Social media accounts
  • Trade names
  • Domain
  • Website
  • Brand
Acquisition details
Selling Reasoning
  • Starting a new venture
  • Retirement
  • Partner or family needs
The business has lot of growth opportunities but I have few other projects in hand that requires more attention so I am unable to exploit growth opportunities and would like some one else to take it to next level.
Financing
  • Bootstrapped

Seller details

Startup details

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