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Internet of Things Company for Sale in Athens, Greece

Innovation in e-automation, advanced technology and seamless e-commerce services to the industrial and maritime sectors.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1.7 million
Run Rate Sales USD 2.04 million
EBITDA Margin 25 %
Industries Enterprise Software + 1 more
Locations  Athens
Local Time 11:05 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.27 million (Native Currency: EUR 2,000,000)
Reason: Planning to retire.
Includes physical assets worth USD 1.8 thousand
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Business Overview
- Specializes in e-automation and cutting-edge technology solutions tailored for the industrial and maritime sectors, situated in the strategic location of Athens.
- Provides critical infrastructure solutions including Embedded PCs, Serial-to-Ethernet gateways, distributed I/O modules, and industrial servers/workstations, catering specifically to the needs of maritime and industrial clients.
- Successfully serves a substantial B2B client base with 300 customers recorded last year, highlighting the growing demand for the company's expertise in industrial automation.
- Operates on a streamlined business model with just 7 employees, leveraging automation to maintain efficiency and high-quality service delivery.
- Revenue is predominantly generated through a subscription-based model, ensuring a steady stream of income and fostering long-term client engagements.
- Holds a Chamber of Commerce certificate, underlining its credibility and established presence within the industry.
- Led by a proficient leadership team with significant experience in both industrial automation and e-commerce, which underscores the company's capability to deliver impactful and reliable technological solutions.
Products & Services Overview
Top services: Embedded PCs, Serial-to-Ethernet gateways, distributed I/O modules, and rack-mount industrial servers/workstations.
Customers are in the maritime and industrial sectors.
Assets Overview
Business has basic assets such as laptops and electronics.
Facilities Overview
Our facility is located in Glyfada, Athens, Greece, situated on the ground floor of a multi-complex that houses various other companies. The facility is separated into two levels, connected by an internal staircase, which separates the operational areas. The ground floor serves as the technical department and storage unit, ensuring efficient handling of products and services, while the loft area accommodates our offices for administrative and management tasks. The premises are leased, providing flexibility to adapt to future growth needs.
Capitalization Overview
We do not have any loans.
Total shareholders 2 who are husband and wife.
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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