Enterprise Software Company for Sale in Katerini, Greece

For Sale: German unit of a multinational European software company engaged in enterprise application development.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 400 thousand
EBITDA Margin
26 %
Industries
Locations
 Nuremberg + 1 more
Local Time
2:58 PM Germany
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 1.1 million (Native Currency: EUR 990,000)
Reason: Promoter is dealing with health issues that prevent him from actively managing the business. Also op... View More
Includes physical assets worth USD 55 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Fiscal Statement
Business Overview

- Software company engaged in enterprise application development and IT consulting.

- Primarily offer services to restaurant clients.

- Have about 200 restaurants as clients spread across Germany to whom we have sold our POS system.

- We also provide ongoing IT consulting and support including remote support, business intelligence services, and AI implementation.

- Currently developing cloud functionality to provide support for online POS health monitoring, fiscal transactions backup and big data analytics.

- Business has also secured a GoBD certification.

- With the new fiscal laws proposed to be implemented in Germany, our clients are mandated by law to upgrade their POS software suite.

- We estimate at least EUR 500,000 of additional revenues due to this development.

- We are headquartered in Nuremberg, Germany and also have an office in Katerini, Greece.

- Intend to sell German unit of the business which is independently incorporated.

- Would also consider offers for the Greece business unit.

Products & Services Overview

Enterprise software development and IT consulting services.

Facilities Overview
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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