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Profitable Elevator Company for Sale in Gabrovo, Bulgaria

ISO-certified Bulgarian electric hoist manufacturer with 50% special hoist market share and strong export presence.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2 - 3 million
Run Rate Sales USD 1.78 million
EBITDA Margin 20 %
Industries Elevator
Locations  Gabrovo
Local Time 1:50 AM Europe / Sofia
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 7.1 million (Native Currency: BGN 12,000,000)
Reason: The promoter is retiring. In this transaction, only the physical assets are being provided. Custome... View More
Includes physical assets worth USD 7.1 million
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Business Overview
• High-tech manufacturer of medium-sized industrial equipment specializing in electric wire rope hoists.
• Produces electric hoists with lifting capacities from 0.5 to 100 tons and lifting heights up to 72 meters.
• Custom hoists are designed for specialized sectors including nuclear, gas, and oil industries, fully compliant with country-specific regulations.
• Holds approximately 50% market share in special hoists and 10% of total electric hoist production in Bulgaria.
• Key export markets include Russia, Ukraine, Kazakhstan, and several European Union countries.
• Dedicated service division handles commissioning and post-sale support for Bulgarian clients.
• Currently operating at reduced production levels due to plans for sale.
• Engages employees on a contractual basis as per project requirements, maintaining operational flexibility.
• Holds ISO certification ensuring adherence to international quality and safety standards.
• Recognized for precision engineering, durability, and technical expertise in heavy industrial lifting solutions.
Products & Services Overview
Electric wire rope hoists for industrial, nuclear, oil, and gas sectors across Eastern Europe and the EU.
Assets Overview
Tangible assets: Land, building and machinery are included in the price.
Facilities Overview
The owned facility includes 11,000 m² of land in Gabrovo’s newest industrial zone (Northern Industrial Zone), with 3,000 m² of enclosed space across two fully equipped workshops (1,700 m² and 1,300 m²). Infrastructure includes electricity, water, and heating. A photovoltaic power plant (81.5 KW + 91 KW) with Longi Solar 455W monocrystalline panels and Huawei Sun inverters was commissioned 2 years ago. Both workshops are secured with 24-hour video surveillance.
Capitalization Overview
- Has no loans.
- Promoter owns 100% of the company.
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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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