Digital Marketing Company for Sale in Budapest, Hungary
Established | 5-10 year(s) |
Employees | < 2 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 27 thousand |
Run Rate Sales | USD 20 thousand |
EBITDA Margin | 12 % |
Industries | Digital Marketing + 1 more |
Locations | Budapest |
Local Time | 7:16 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The owner has 10 years of experience in the IT industry with various awards such as silver medal from UN, Helen Keller award and National award as a role model among disabilities. Opened up a completely bootstrapped technology startup in Budapest 2 years ago.
- We offer IT consulting and digital marketing consultancy services to clients based in the US. In parallel, we are also developing a next-gen community grocery delivery platform to cater to Budapest and other EU markets.
- Last year we sold two running web stores that had a gross income of around $55,500 and net income of around $11,000 to concentrate on IT consulting.
- The company had 4 freelances working full-time last year but the business is now handled by the owner himself concentrating on IT consulting and digital marketing consultancy.
- Right now the business has more than 100 clients mainly from the US region (most of them are private individuals).
- The owner now is concentrating on building up a next-gen grocery community delivery platform using cutting edge automation technologies in parallel to the consulting (Detailed business plan model and financial projections will be shared with those who are interested to take the business forward)
- Promoter is based in Hungary and came to India to close a business deal but due to the pandemic, he is staying in India temporarily.
- The full sale price is indicated and the owner is open for discussion regarding the same.
- The recent pandemic crisis has caused a fall in revenue.
- The sale includes all licenses, digital business accounts, turnkey setup worth EUR 15,000, 1-year transition support and free processing of long term residency in the EU for the new owner (if desired).
Currently the business is concentrating on IT consulting and digital marketing consultancy for clients based in the US in parallel to developing a next-gen community grocery delivery platform to cater to Budapest or the EU markets.
Computers, laptops and a virtual office setup.
Last year we had a rented facility in Budapest, but this year we're working in virtual office mode with a registered seat in Budapest downtown.
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Earlier than 15 daysCEO, Technology, Castletroy, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDPO, Oil And Energy, Budapest, Individual Investor / Buyer connected with the Business