Established IT and Software Development Company with Staff Augmentation Services
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
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