Internet of Things Company Investment Opportunity in Nicosia, Cyprus
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 120 thousand |
Run Rate Sales | USD 80 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Internet of Things |
Locations | Nicosia |
Local Time | 7:26 AM Europe / Istanbul |
Listed By | Business Owner / Director |
Status | Active |
- B2B and B2C growth.
- Hiring technical team.
- Distributor, reseller, and contractor for smart home and IoT solution brands.
- We are the exclusive distributor for a major wireless smart home and home automation brand and are one of the first IoT businesses in Cyprus.
- We also provide installation and maintenance services to clients.
- Have our experience centre (showroom) in the center of Nicosia.
- We receive leads from the main brand, B2B & B2C channels, our website, and social media pages.
- Have very good traction on social media with nearly 10k followers on Facebook.
- IoT products and solutions has a huge serviceable available market and we are seeking funds to grow.
- Smart home solutions.
- IoT solutions.
- IT consulting & services.
- Blockchain consulting & services.
Computer, installation tools, inventory, exclusive distributorship agreement with Fibaro, reseller agreements with multiple brands, own website, and social media pages with high traction.
The business is established in Cyprus with a rented office and experience centre in Nicosia Centre of 200 sqm at a monthly rent of EUR 850.
The company is bootstrapped by shareholders and revenue streams.
The business has 3 shareholders with promoters holding a 51% stake and others holding 29.5% and 19.5% stakes respectively.
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Earlier than 15 daysVP Of Business Development, Technology, Istanbul, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Development Executive, Technology/ Software, Sliema, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Financial Services, Cyprus, Corporate Investor / Buyer connected with the Business