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Profitable Web & Mobile Development Company for Sale in Munich, Germany

For Sale: Full-service app development agency handling 20-30 clients/year who are start-ups, founders and enterprises.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2.7 million
Run Rate Sales USD 2.95 million
EBITDA Margin 40 %
Industries Web & Mobile Development
Locations  Munich
Local Time 8:37 AM Europe / Berlin
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.9 million (Native Currency: EUR 5,000,000)
Reason: Founders want to move to Switzerland and would get double taxed if they still own shares. Founders w... View More
Interested to connect with advisors
Documents
Business Overview
- Business that has yearly revenue growth of 20-50% and works with around 20-30 clients per year.
- We have around 5-7 ongoing projects and receive about 100 requests per week.
- Clients are founders, startups, and bigger businesses.
- Directors want to sell the business before moving but would still like to work for the company.
Products & Services Overview
App development.
IT outsourcing.
UI/UX design.
Unity development.
Gaming.
Assets Overview
Several SEO optimized websites with high ranks on google. Social Media presence, accounts.
Facilities Overview
We have a whole office level for our team and it is rented.
We have one office in Grünwald, Munich and another development office in Bangalore on rent.
Capitalization Overview
Self funded. No external funds are needed. We are profitable from day one and have never used external funds in the past. There are 2 equal shareholders.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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