Established IT and Software Development Company with Staff Augmentation Services

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Financial Details

Asking Price:
$450,000
Annual Revenue:
$405,000
Cash Flow / SDE:
$250,000
Profit Metric:
Cash Flow
Valuation Multiple:
1.8x
Location:
New South Wales, AU
Source:
Date:
September 15, 2025

Key Highlights

Established IT and Software company with a strong reputation and year-on-year growth.
Scalable business model with recent expansion into staff augmentation, serving diverse sectors.
Relocatable operation with management willing to stay, ensuring a seamless handover for retirement.

Description

This established IT and Software company, founded in 1999, boasts a strong reputation and consistent year-on-year growth. Operating a software development center in Sri Lanka and serving clients across Australia, the business excels in delivering high-quality work and exceptional customer service. It has recently expanded into a profitable staff augmentation service, catering to sectors like accounting, bookkeeping, and HR. The company is highly scalable, with significant growth potential in new markets and regions. Clients include loyal customers and offices from major software franchise groups, ensuring stable revenue streams from day one. Future opportunities include leveraging upcoming projects, infrastructure upgrades, and expanding service offerings like telephony, hosting, and web development. The business is ideal for an owner looking to capitalize on the increasing demand for specialized IT support and software development services. The current owner is committed to a seamless handover due to retirement, offering their expertise during the transition.

Industry Information

Industry Description:
Software Companies
Classification:
Online & Technology

Operational Snapshot

Year Established:
1999
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Not_included

Listing Details

Listing ID:
bc4a3d16-5cdd-4718-92a0-33a762d23820
Deal Status:
For Sale
Date Posted:
September 12, 2023
Last Updated:
September 15, 2025
Currency:
AUD

Features & Tags

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