Established Software Development Company with Offshore Operations in Sydney, Australia
Financial Details
- Asking Price:
- $300,000
- Annual Revenue:
- $263,250
- Cash Flow / SDE:
- $175,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 1.7x
- Location:
- Sydney, New South Wales, AU
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is an established software development company located in Sydney, Australia, with a branch office in Melbourne. Founded in 1999, the company has a strong history of profitability, driven by a stable base of short and long-term projects with established clients. It offers a comprehensive suite of information technology services, including software development, managed services, content management, and quality assurance. A key asset is its fully owned offshore development center in Sri Lanka, which operates at a significantly lower cost (1/3) compared to onshore teams, providing access to skilled full-stack developers capable of handling remote development work. The company employs over 20 professionals and has access to top-tier human resources for expansion. The business is being sold due to the owner's retirement.
Industry Information
- Industry Description:
- Software Development Company
- Classification:
- Online & Technology
Operational Snapshot
- Year Established:
- 1999
- Employees:
- 20
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Available On Request
Listing Details
- Listing ID:
- 3f880c92-76ab-4f0b-b29a-11b804ff6c90
- Deal Status:
- For Sale
- Date Posted:
- August 25, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD