Electrical Vehicles Company Investment Opportunity in Athens, Greece
Engineering company that provides services to the automotive sector, now plans produce electrical vehicles.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 233 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 20 % |
| Industries | Electrical Vehicles |
| Locations | Athens |
| Local Time | 9:48 AM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.16 million
for
40.0%
stake
(Native Currency: EUR 1,000,000)
Reason: Require funds in order to continue with the electrical vehicle project. We will proceed with relocat...
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Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
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Business Name
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Domain-Verification.pdf
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Business Overview
- We are an advanced engineering services company that provides services to automotive companies.
- Our services include advanced simulations, structural analysis and advanced optimization.
- We have around 4-5 regular clients who take up our services when required and we also do projects for a few other clients occasionally.
- Our company has now developed a new urban mobility project which we are looking to mass produce.
- We have developed a smart 2 wheel electric vehicle which is currently in the prototype stage.
- The vehicle will have a top speed of 85 km / hr and a 180 Km range on a single full charge.
- We plan to have the vehicle set up for public launch by next year.
- Promoter has over 10 years of experience in the automotive and engineering field.
- The sales have dropped this year due to some changes made in the management.
- Our services include advanced simulations, structural analysis and advanced optimization.
- We have around 4-5 regular clients who take up our services when required and we also do projects for a few other clients occasionally.
- Our company has now developed a new urban mobility project which we are looking to mass produce.
- We have developed a smart 2 wheel electric vehicle which is currently in the prototype stage.
- The vehicle will have a top speed of 85 km / hr and a 180 Km range on a single full charge.
- We plan to have the vehicle set up for public launch by next year.
- Promoter has over 10 years of experience in the automotive and engineering field.
- The sales have dropped this year due to some changes made in the management.
Products & Services Overview
Our business has two verticals. The first vertical is our simulation, analysis and optimization business that is provided to automotive customers. Our second vertical is the design of a new 2 wheel electric vehicle that we plan to get into the market.
Assets Overview
The assets include furniture, office equipment, electronics, laptops, and printers.
Facilities Overview
We are a start up company and at this stage, we are hosted by an incubator in a technological park.
Capitalization Overview
- There are 4 partners in the business with 2 of them having 95% of the shares.- The business is debt-free.
- The business is currently funded by the promoters.
Recent Activity
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Earlier than 15 daysDirector, Real Estate Consultancy And Investment, Lisbon, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Engineer Corporate Planning, Steel & Chemicals, Hyderabad, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysVP, Technology Solutions, Abu Dhabi, Corporate Investor / Buyer connected with the Business
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