Established Software Development Company with Offshore Operations in Sydney, Australia

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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

Established software development company with a profitable track record since 1999.
Fully functional offshore development center in Sri Lanka offering significant cost advantages.
Diverse service offerings including software development, managed services, content management, and QA, serving established clients.

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

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