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Shell Company for Sale in Budapest, Hungary

For Sale: Shell company established in Hungary, part of a group of companies around the world.

Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Shell Companies
Locations  Budapest
Local Time 9:27 PM Europe / Stockholm
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 110 (Native Currency: SEK 1,000)
Reason: We had established this subsidiary for expansion in the EU, but there were changes of plans in the r... View More
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Business Name
Not disclosed
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Business Overview

- IT company incorporated as a subsidiary of the mother company based in Sweden.

- The company was established 2 years ago but did not commence operations due to the sudden onset of the pandemic.

- The buyer will get an LLC registered in Hungary.

- Buyer will not get the brand name and must change the name of the company, as it shares its name with the mother company.

- This transaction is being handled by a member of the mother company's legal team based in Sweden.

Products & Services Overview

Company did not start operations, it was established to provide IT services.

Assets Overview

No physical assets are included in this sale.

Facilities Overview

The company has no offices as it did not start operations.

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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