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Travel Portal Investment Opportunity in Oslo, Norway

Leading supplier to eventive markets in Norway.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 80 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 40 %
Industries Mobile Apps + 1 more
Locations  Oslo
Local Time 11:38 AM Europe / Oslo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 330 thousand for 42.0% stake (Native Currency: NOK 3,500,000)
Reason: Reason for capital, We have developed Norway's largest tourist app, developed online ticket solutio... View More
Includes physical assets worth USD 90 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- The company's founder and part owner have expertise of almost 20 years.

- If an invests in our company, then they are also investing in the knowledge of key people behind the company.

- Client list over 5,000 existing customers.

- Own developer teams for app, web, graphics, and graphic productions.

- The operation of the company does not require a specific location or Country.

Products & Services Overview

Developed the largest tourist app in Norway available in google play and Appstore.

Developed all kinds of applications, including a well-known festival app for festival organizers and a security app for public police and emergency organizations.

Leading supplier of event control products to festival organizers and made our own software to print customized security wristbands for crowd events in need of control.

Supplier of merchandise product lines for festival organizers.

Assets Overview

- Proprietary printing software.

- iOS and Android versions of the app for tourists.

- iOS and Android versions of the app for festival organizers and attendees.

Facilities Overview

HQ in the middle of Oslo, the capital of Norway.

Capitalization Overview

The company has no debt and has invested approx. NOK 2 million in the development and looking for up to 3.5 million to lounge several of the concepts in Norway and other countries in Scandinavia with a focus on Sweden and Denmark after a successful pilot the previous year- we see this can increase and be highly scalable. Share up to 42% can be discussed.

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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