Small Web Hosting Business Investment Opportunity in Sofia, Bulgaria
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Other |
Reported Sales | USD 26 thousand |
Run Rate Sales | USD 18 thousand |
EBITDA Margin | Nil |
Industries | Web Hosting |
Locations | Sofia |
Local Time | 10:41 AM Europe / Sofia |
Listed By | Business Owner / Director |
Status | Active |
Only in Bulgaria.
To go to.
American UK,
Bought the company.
- Company offers web and game hosting services in the Balkan region and Germany.
- Recurring revenue subscription model of payments.
- Promote services through SEO and FB page with over 40k+ followers.
- Short history:
• The company and website were established 15 and 12 years ago respectively.
• It was one of the biggest hosting platforms in the Balkan region.
• 5 years ago, the business was sold to a German investment fund/company.
• The German fund/owners did not grow the business, maintain quality of services, sold a lot of servers, and eventually closed it amidst the pandemic.
• It was sold to the current owners in December of last year.
- Services were discontinued due to this the company lost clients and there is a fall in revenue. - We have retained one client, and they provide EUR 1,400 of recurring revenue.
- There 2 owners with 50% stakes each. The company is debt-free.
- The new owners want to revive this leading hosting platform.
Game and web hosting services, want to enter the global e-sports industry.
We have rented servers in Bulgaria, Serbia, and Germany.
The business was recently bought out. Physical office in Bulgaria is yet to be set up.
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Earlier than 15 daysFounder, New York, M&A Advisor connected with the Business