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Software company in Turkey for sale
Turkish software company for sale
- Sales: app. $ 600,000
- Net Profit: $ 480,000
- Location: Turkey
- Employees: 4
- Reason for sale: Company management is seeking to sell investors up to 20% of the company.
- Status: Owner testing the market
- #CFIE BBT03
Overview Turkish software company
- Established in 2010, the entity has been serving large enterprises such receivable management, telcom, banking, financial, law enterprises etc… which need collection platforms for NLPs (non-performing loans).
- The company is operating in free zone as a highly profitable tax free enterprise with annual revenues of app. $ 600,000 and 80% net profit margin.
- Expected growth in sales by 2015 is 60%.
- Net profit margin is expected to increase up to 85%.
- The founding partner is seeking to sell up to 20% of the shares.
Profile (strategy) of Turkish software company for sale
The software company for sale is focusing on a niche area in software which is the receivables management for larger financial institutions. The receivables management is an area which is pretty much unserved by automated solutions. This software company for sale provides a solution for the management of receivables and non-performing loans. The strategy is to grow deeper into this market with the support of a larger software firm.
Activities and products of software company
The firm has developed a special integrated receivable collection product that involves calling system, CRM application, call centre, database, call voice recording, SMS application and many others under one roof.
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Software companies for sale in Turkey
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