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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 180 thousand
Run Rate Sales USD 270 thousand
EBITDA Margin 22 %
Industries Web & Mobile Development
Locations  Sofia
Local Time 6:57 PM Europe / Sofia
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1 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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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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