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Web & Mobile Development Company for Sale in Sofia, Bulgaria

For Sale: Digital innovation agency helping businesses achieve growth & operational efficiency using latest technology.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 190 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 22 %
Industries Web & Mobile Development
Locations  Sofia
Local Time 6:37 AM Europe / Sofia
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.04 million (Native Currency: BGN 1,800,000)
Reason: The owners are not prepared enough for the growth. That’s why they prefer to sell off to a larger bu... View More
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Business Overview
- Company provides custom web solutions to businesses of all sizes, including large enterprises.
- Our services range from customization and integration of different technology solutions to web & mobile application development, product consultation, agile project management & competitive analysis.
- We have built a good portfolio of loyal clients over the years, including well-known clients such as Honeywell, Panasonic, Sutherland Global, Zetes.
- Have served over 60 clients to date and we currently serve 10 recurring clients with monthly contracts across Europe and the USA.
- As a global virtual company, we have three permanent employees and work with selected international experts on a project base.
- We are 100% independent from local staff shortages. We can find programmers for a project within 2 weeks, while the average industry standard for employee replacement is about 2-3 months in Europe.
- We have established transparent and reliable workflows using different cloud tools for global collaboration. We can take up complex projects with ease.
- Our flexible business model and the very low fixed operational costs allow us to boost profits in times of rapid growth and stay profitable even when revenues go down.
- Awards won this year – Best web development company in Bulgaria by Clutch, Best Web Designs Company by FindBestSEO, Best WordPress Development Company by FBD.
- Awards won last year – We were recognized as a Top Web Developer in Bulgaria by Clutch, Best Web Design Company by FindBestSEO, and Best Web Development Company by FBD.
- The owners are serial entrepreneurs with a knack for innovative projects to help businesses grow. In addition, they have a strong ability to recognize tomorrow's trends and use them to inspire business transformation today.
- Buyer will get ownership of the whole company. Bulgaria has a 10% tax profit – the lowest in European Union.
- For the Q1 of the current year, we have the highest quarter-over-quarter growth in earnings since the company's start in 2013 – 46.52%.
Products & Services Overview
The best-selling services:
- Competitor analysis.
- Ecommerce development.
- Drupal & WordPress websites.
- Custom web development.
- 3rd party systems integration.
Assets Overview
- Legal entity and brand.
- Multiple domains, servers, and accounts.
- Clientele.
Facilities Overview
- Under the current circumstances, the company operates fully remotely.
- Our business does not own any physical assets and we have a bring your own device (BYOD) policy with our employees.
Capitalization Overview
Not Disclosed
Recent Activity
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17 Buyers already contacted this Business. Register below to connect now!
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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