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Shell Company for Sale in Budapest, Hungary

For Sale: Shell company with a legal entity, Kft company in Hungary Budapest.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries IT Consultancy + 1 more
Locations  Budapest
Local Time 11:18 AM Europe / London
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3.2 thousand (Native Currency: EUR 3,000)
Reason: Initially, the business was created to bid for national tenders and have full legal and accounting s... View More
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Business Overview

- IT consultancy firm specialized in building advanced machine learning applications.

- There is a contributed intellectual property open-sourced software as the value of the business.

- It is a clean entity with all taxes, accounting, and legal fees paid and with company address via service provider paid for the next year.

- The UK entity company has ample experience and expertise in developing advanced operation model digital twins of networks for the aircraft for Boeing and Rolls-Royce.

- Initially, the business was created to bid for national tenders and have full legal and accounting. However, the bids were not successful. Hence did not generate any revenue since the registration of the Budapest entity.

- The parent company is registered in the UK where the main operations take place.

Products & Services Overview

IT software development, software as a service, IT consulting.

Assets Overview

We do not have any major physical assets.

Facilities Overview

We do not have any office space now.

Capitalization Overview

- The business is owned by a United Kingdom Limited company.

- Was fully funded by a single UK entity.

- No debts or loans.

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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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