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Application Software Business Investment Opportunity in Athens, Greece

Building management SaaS platform seeking seed investment.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 thousand
Run Rate Sales USD 98 thousand
EBITDA Margin 30 - 40 %
Industries Application Software
Locations  Athens
Local Time 2:26 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 117 thousand for 10.0% stake (Native Currency: EUR 100,000)
Reason: • We are looking to register a new business entity in Greece, from next year, where we can combine t... View More
Includes physical assets worth USD 11.7 thousand
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Business Name
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Business Overview
SaaS platform:
• With our platform our users/clients manage a total of EUR 1,00,000 per month in expenses value.
• We have > 1,200 registered users.
• We have more than 200 active buildings that use our platform for their management needs.
• We have both B2C & B2B clients. Most of them are B2C clients.
• Our B2B clients include a huge private residential complex with more than 60 villas in Greece, managing a monthly EUR 100K-worth of expenses.
• The SaaS platform's owner is a software engineer who owns a custom software development agency, that has built multiple MVPs and software products for startups and SMBs. The agency has startups as clients that have raised more than EUR 1.5M in funding with valuations of EUR 8M.
• Primary focus is on Greece operations and will expand to other locations in later stages.
• Business has required licenses in place.
• Founder's father owns a building management services company for the past 50 years, that is part of the transaction.
Building services company:
• Gross income of about 80,000€ per year.
• Database with about 15,000 customer data.
• 3 employees.
Products & Services Overview
• Web application - SaaS platform.
• Building management software.
• Building management and services company with 80.000 euros yearly gross income.
• Yearly subscriptions.
• Used by building management, administrators and apartment associations.
Assets Overview
• 1 domain, 1 website, 1 web app and several social media accounts.
• Business does not own physical assets.
Facilities Overview
• One owned office (45m²) located in Argiroupoli, Athens, which is not part of the transaction.
Capitalization Overview
• The company is funded by private funds and our profits.
• The company is currently a sole proprietorship company registered in Greece.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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