I'm looking to sell one of my companies. It already have
existing clients but most likely to remove any conflict of
interest, I will be selling at a much lower price but all the
existing clients will be transfered, meaning you will buy over the
company but you will have to find your own clients. The company is
a cloud based IT company and the website is http://SingLeaf.com/
If you have questions, please email me directly at [email protected]
You can choose to take over the existing office at Orchard or
not, up to you.
I'm selling because I'm raising cash for my other company.
You will be getting the following...
- 100% of the company shares.
- Ownership of all the 7-8 solutions indicated plus source
codes.
- Rights to find and assign new Franchisee in other parts of the
world
- Take over an assigned franchisee in Singapore
(allocated South East Asia to them) (basically they are a
sales team selling our solutions to their clients) working on
profit sharing basis, so no monthly payroll committments.
- Servers
- All the inventory worth about $5k mentioned in http://singleaf.com/incentives.html
- 3 months transition period to go through everything as
necessary. If need more time on transition, we can negotiate
but any deals sealed during the period will be shared
50/50.
- Monthly expenditure is about $1k/month inclusive of office.
Programmers are paid on a project basis when the clients request
for new customizations, of which we will makeup a percentage of the
programmers fee and quote to the client.
- Office (Optional)
- Profit is in the 5 digits low mid range.
It is strongly preferred someone with IT background to
take over because the sales team while they can find clients, you
still need to have IT knowledge to address the client's technical
worries.