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Profitable Web & Mobile Development Business Investment Opportunity in Argyroupoli, Greece

Custom software development agency seeking a seed investment round.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 35 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 40 %
Industries Web & Mobile Development
Locations  Argyroupoli
Local Time 5:39 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 88 thousand for 30.0% stake (Native Currency: EUR 75,000)
Reason: • We are looking to raise our sales/marketing budget and grow our team. • We are looking for invest... View More
Includes physical assets worth USD 5.8 thousand
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Business Overview
- We have developed, owned and operate a live SaaS cloud application, with Free & Premium plans, with 1,000 users registered and >25 paid clients in Greece (professionals and individuals), including a huge private residential complex with more than 80 villas, managing a monthly €90K-worth of expenses.
- We undertook the MVP development of a startup, registered in Malta, related in the tourism industry, that launched early this year.
- We have a long-term deal with a well-funded startup, offering them software development services.
- We have been a software development outsourcing contractor of a huge software/digital marketing business group in Greece and developed, including others, the MVP of an HR startup located in Greece (client of the Group), funded by Greece and the European Union.
- We have built and launched several e-commerce stores for clients (some funded by Greece and the European Union (ESPA) ).
Products & Services Overview
Web/Cloud Application Development.
Mobile Application Development.
SaaS Development.
UI/UX Design.
Software Consulting.
IT Staff Augmentation.
Assets Overview
Tangible assets include office furniture and 2 laptops.
Facilities Overview
Own a small office (45 sq m) in Argiroupoli, Athens. It is located in the north of the city which is not part of the transaction.
Capitalization Overview
- The company is funded completely by private funds and its existing profit.
- There is 1 shareholder and the company has no debt.
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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