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Profitable Online Marketplace Company for Sale in Sofia, Bulgaria

For Sale: Software engineering company with a leading remote work platform in Bulgaria.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 6.3 million
Run Rate Sales USD 7 million
EBITDA Margin 13 %
Industries Online Marketplace
Locations  Sofia
Local Time 3:06 PM Europe / Sofia
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 6.4 million (Native Currency: EUR 6,000,000)
Reason: A succession plan of the owner. Business is listed by an advisor and they will not charge any fee f... View More
Business Overview

Unique Business Model - the company has a very simple, straightforward and well functioning business model for connecting interested clients with a large database of IT freelancers.

Growth Potential - After the first few years of establishing the company, it is entering a period of gradual increase in sale revenues, accompanied by steady growth in profit margins.

Customer Base- Constantly growing customer base of the company consists of established companies, primarily from the IT sector, most of which are on long-term contracts.

Excellent IT Freelancers Database - The company operates and owns a database of nearly 300 experienced certified IT professional software developers, QAs and consultants from around the world, providing on-demand a whole team or individual consultants to its customers.

Company hires contracted IT professionals to carry out development and maintenance activities.

Products & Services Overview

The main focus of the company is to provide software development resources on demand. It offers wide variety of software and consulting services:

Agile Development Teams On-Demand - Access to over 200 proactive frontend, backend, or cloud services professionals.

Web Development - Design, build, refactor, migrate, architect, and provide ongoing maintenance as part of custom software development services.

Mobile Development - Help with the design, development, and publishing of an iOS or Android software that will receive general acclaim for its user It can be a component based native app, a hybrid, or a PWA.

Quality Assurance - Certified QA engineers, trained to catch bugs before each deployment, possibly saving thousands in production fixes.

Technology Audit Consultancy - Architectural, stack, and process solutions that empowered the company’s clients across 24 industries, focusing on cost and performance optimization, stability, scalability, and security.

Assets Overview

No tangible and intangible assets. Both the company's central office and other offices are leased premises in co working spaces in different office buildings, where the contracted IT professionals carry out their activities.

Facilities Overview

The company does not own real estate or tangible fixed assets. Have 2 rented coworking office spaces.

Capitalization Overview

The company has no bank debts or other loans.

Company is self-funded, growing and profitable since its inception.

Business has a single owner.

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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