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Internet of Things Company Investment Opportunity in Nicosia, Cyprus

Smart home distributor and contractor for a major brand providing IoT and IT Solutions.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 116 thousand
Run Rate Sales USD 76 thousand
EBITDA Margin 30 - 40 %
Industries Internet of Things
Locations  Nicosia
Local Time 12:25 PM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 85 thousand for 45.0% stake (Native Currency: EUR 80,000)
Reason: - Marketing growth.
- B2B and B2C growth.
- Hiring technical team.
Includes physical assets worth USD 16 thousand
Interested to connect with advisors
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Business Overview
- 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.
Products & Services Overview
- Smart home solutions.
- IoT solutions.
- IT consulting & services.
- Blockchain consulting & services.
Assets Overview
Computer, installation tools, inventory, exclusive distributorship agreement with Fibaro, reseller agreements with multiple brands, own website, and social media pages with high traction.
Facilities Overview
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.
Capitalization Overview
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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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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