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Edutech Company for Sale in Istanbul, Turkey

Company developing financial simulation games for training financiers and non-financiers, catering to 15 corporate clients.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin 30 %
Industries Edutech
Locations  İstanbul
Local Time 6:43 AM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 50 thousand (Native Currency: TRY 2,300,000)
Reason: We provide options to investors. We can either stay in business and sell some portion of the stakes ... View More
Includes physical assets worth USD 3.46 thousand
Interested to connect with advisors
Documents
Business Overview
- The company has closed on July 2021 due to pandemic conditions. The education industry has been affected enormously. However the software is protected and maintenance is done regularly, so the business can be re-activated rapidly with investment. Our goal is to sell the brand Fincloud + the software Infinite Balance.
- We developed financial simulation games for finance education purposes in the EdTech industry.
- There are 4 simulation games covering different subjects including financial management, budget management, taxes, and incentives.
- Our simulation games are intended for white-collar professionals who are financiers or non-financiers working in corporate companies and banks, undergraduate and MBA students studying financial education in universities.
- We had paying 15 corporate clients including PWC, QNB Bank, and universities.
- We are seeking funds to expand to other countries such as the US, UK, Canada, and Singapore which have a huge demand for financial education.
- Promoter has 20+ years of industry experience.
- We generated good sales growth since we developed more games and adjusted our pricing model.
- Business-owned assets include computers and office equipment.
- The business is not operational.
Products & Services Overview
Financial simulation games for financial management, budget management, taxes, and incentives.
Assets Overview
As intangible assets IP rights, tangible assets are computer, table and chairs.
Facilities Overview
Rented small co-working spaces in Istanbul and Bursa. (Before July 2021, now we do not have an office)
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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