Database Software Company Investment Opportunity in Sofia, Bulgaria
Company offers software for the creation of online contests and has a 160K user database.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1.19 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Application Software + 1 more |
| Locations | Sofia |
| Local Time | 5:53 AM Europe / Sofia |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
237 thousand
for
95.0%
stake
(Native Currency: BGN 400,000)
Reason: The software and website are ready and operational. It requires funds for business development and s...
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Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Domain-Verification.pdf
(213.0 KB)
Business Overview
- Company with a website that offers free software that businesses can use to create online contests.
- Our website uses proprietary software.
- We have invested more than 15,000 working hours in software development.
- We have created over 400 online contests and over EUR 100K has been disbursed in prize awards to our users.
- The website has 164,309 registered users and 57,746 user-generated media uploads.
- Monetized through advertisements, paid promotion of media uploads, and the creation of contests for select clients. Did paid work for only 20 such clients (businesses).
- Post-launch we did not have enough funds for business development and marketing.
- Business was not fully operational last year due to a liquidity crunch. Thus, we earned no revenue last year.
- Business has no loans and it has 3 owners with equal ownership.
- Our website uses proprietary software.
- We have invested more than 15,000 working hours in software development.
- We have created over 400 online contests and over EUR 100K has been disbursed in prize awards to our users.
- The website has 164,309 registered users and 57,746 user-generated media uploads.
- Monetized through advertisements, paid promotion of media uploads, and the creation of contests for select clients. Did paid work for only 20 such clients (businesses).
- Post-launch we did not have enough funds for business development and marketing.
- Business was not fully operational last year due to a liquidity crunch. Thus, we earned no revenue last year.
- Business has no loans and it has 3 owners with equal ownership.
Products & Services Overview
Online contests, gold membership, virtual currency.Revenue sources were media promotion, contest promotion, home page ads.
Assets Overview
Company trademark in Europe, another valuable trademark in Bulgaria, website along with the '. com' and '. bg' domains, Facebook and Instagram pages, database with 164,309 registered users, working and well-developed technology with over 15,000 work hours.
Facilities Overview
Currently, there is no office or other facilities.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Technology, Aachen, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Accounting Firm, London, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Mobile Application And Software, Tel Aviv-Yafo, Corporate Investor / Buyer connected with the Business
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