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Businesses for Sale and Investment in Gibraltar

Showing 1 - 14 of 122 Businesses for Sale and Investment in Gibraltar. Buy or Invest in a Business in Gibraltar. Listed by Direct Business Owners & Business Brokers.
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Manpower Security Company Equity Stake For Sale in Gibraltar

Security company with 200+ clients offering guarding, CCTV, monitoring, and event stewarding with accredited training.
Security services company providing high-end security systems and professional guarding solutions for commercial and event clients. - Offers CCTV installation, intruder and fire alarm systems, access control, 24/7 monitoring, and mobile response services. - Also provides trained security guards, stewarding, and crowd management for events and large venues. - Approved for stewarding and security services aligned with UEFA event standards. - Serves 200+ clients across commercial sites, events, and private contracts. - Training certifications include Level 2 Stewarding at Spectator Events, Level 4 Diploma in Spectator Safety Management, Level 4 International Bodyguard, Level 3 Training Delivery, Level 2 Health & Safety, and Level 2 First Aid. - Revenue generated from security contracts, system installations, monitoring services, and training programs. The business operates with contract employees. - The business expects an 18–20% CAGR following the April reopening of the Gibraltar-Spain border. - Recognized as a Hikvision Value Added Service Partner (VASP) in the UK for security system solutions. - Operates in-house international accredited training programs in partnership with Elite Training Academy UK. - Holds valid registration license from the state government allowing legal operation of security and guarding services.
7.5   Gibraltar
Run Rate Sales
USD 1.25 million
EBITDA Margin
18 %
Partial Stake Sale
USD 1 Mn for 80%
Contact Business

Crypto Company Equity Stake For Sale in Gibraltar, Gibraltar

Bitcoin-native infrastructure company providing inscription, marketplace, and tokenization solutions for digital assets, seeks investment.
Operates as a Bitcoin-focused infrastructure platform enabling the creation, trading, and future tokenization of digital and real-world assets using protocol. - Has processed hundreds of thousands of Bitcoin inscription orders for the last 3 years, establishing strong traction and production-grade reliability in the Bitcoin ecosystem. - Serves as a backend infrastructure partner to marketplaces, wallets, NFT platforms, and institutional users seeking Bitcoin-native digital ownership solutions. - Focuses on simplifying complex Bitcoin transactions through enterprise-grade APIs and white-label tools, allowing clients to build products without deep protocol expertise. - Positioned for next-phase growth through the planned launch of a Bitcoin-native real-world asset (RWA) tokenization platform this year. - Operates with a strong first-mover advantage and direct relationships with key ecosystem players across the Bitcoin landscape. - Being an online business, does not require a large team, all operations are handled by the market place. Does not need high number of employees. - Founder-led company with a technically experienced team deeply embedded in Bitcoin protocol development, inscription technology, and marketplace infrastructure. Revenue model: - Transaction fees from inscription services. - Marketplace trading fees from digital asset transactions. - Enterprise API licensing and white-label infrastructure fees. - Future revenue streams from Bitcoin-native real-world asset tokenization services. Traction & market position: - Hundreds of thousands of inscriptions processed since launch. - Close to 25,000 active users across infrastructure and marketplace products. - Recognized as a leading first-mover infrastructure provider within the Bitcoin ecosystem. Strategic direction: - Exploring partnerships and acquisition discussions within the art and real-world asset tokenization sector. - Positioned to capture emerging institutional demand for Bitcoin-native RWA solutions as the market matures. - Drop in sales as the team was working on specific updates and fixes. - The business is currently at breakeven, and is expected to be profitable by the end of this year. Legal & compliance: - Holds a valid Certificate of Incorporation.
8.6   Gibraltar
Run Rate Sales
USD 480 thousand
EBITDA Margin
Nil
Partial Stake Sale
USD 2 Mn for 10%
Contact Business

Travel Portal for Sale in Gibraltar

Acquire an online travel agency registered in Gibraltar with competitive APIs and AI-driven itinerary design.
The business leverages OTA (Online Travel Agency) technology to provide comprehensive travel services, including bookings for accommodations, flights, trains, buses, and car rentals. - Based in the strategic locations of Zürich (HQ) and Gibraltar (registered location), the company uses competitive API connections to enhance its service delivery for flights, accommodations, rental cars, and activity tickets. - The company maintains a lean operational model while managing a platform with 1,500 registered users from Europe and the USA. - The business shows growth potential with a current focus on the B2C model and plans for future B2B expansion, leveraging its back-office capabilities for both models. - The platform supports AI-driven travel itinerary design, providing personalized trip booking experiences unique to each user. - Despite being a small-scale operation, the business manages an average of 30 monthly bookings, demonstrating an engaged user base. - Positioned well in the competitive travel agency sector with innovative AI and strong API connectivity, the firm is primed for further expansion and scalability in the online travel market.
6.2   Gibraltar
Run Rate Sales
USD 130 thousand
EBITDA Margin
Nil
Business for Sale
USD 61 K
Contact Business
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Travel Portal for Sale in Gibraltar

Acquire an online travel agency registered in Gibraltar with competitive APIs and AI-driven itinerary design.
The business leverages OTA (Online Travel Agency) technology to provide comprehensive travel services, including bookings for accommodations, flights, trains, buses, and car rentals. - Based in the strategic locations of Zürich (HQ) and Gibraltar (registered location), the company uses competitive API connections to enhance its service delivery for flights, accommodations, rental cars, and activity tickets. - The company maintains a lean operational model while managing a platform with 1,500 registered users from Europe and the USA. - The business shows growth potential with a current focus on the B2C model and plans for future B2B expansion, leveraging its back-office capabilities for both models. - The platform supports AI-driven travel itinerary design, providing personalized trip booking experiences unique to each user. - Despite being a small-scale operation, the business manages an average of 30 monthly bookings, demonstrating an engaged user base. - Positioned well in the competitive travel agency sector with innovative AI and strong API connectivity, the firm is primed for further expansion and scalability in the online travel market.
6.2   Gibraltar
Run Rate Sales
USD 130 thousand
EBITDA Margin
Nil
Business for Sale
USD 61 K
Contact Business

Commercial Land Equity Stake For Sale in Gibraltar

Company seeks investment for a complex and apartment construction project in Gibraltar.
Real estate development business with a 9,400 m2 plot of land. - The land is situated in a prime location that is ideal for hotels, shopping malls, and apartments. - We have applied for all the required licenses and permits for the project. The government wants to promote more development projects in the country so we have their support in terms of approvals. - There is a shortage of land in this place so the plots can be sold at a premium rate. - Two experienced architects are developing plans for shipping centre, hotel and a minimum of 400 residential units. - We will have the complete ready project by next month. - Project could easily reach a profit margin of a minimum of £100 million. - Promoters have worked on similar projects in the past on a small scale. - Company has a single owner and does not have any liabilities.
8.1   Gibraltar
Run Rate Sales
Nil
EBITDA Margin
Nil
Partial Stake Sale
USD 27 Mn for 50%
Contact Business

Transportation Business Equity Stake For Sale in Gibraltar

Online commuter service helping people get from Spain to Gibraltar and back is seeking investment.
The business helps people / workers get from Gibraltar to Spain and back. - There are about 16 people / day that are using this service at the moment. - Two commuter problems are solved by providing a practical transport solution. It generates profit via charging commuters a fare.
Online commuter service helping people get from Spain to Gibraltar and back is seeking investment.
7.1   Gibraltar
Run Rate Sales
USD 87 thousand
EBITDA Margin
50 %
Partial Stake Sale
USD 112 K for 10%
Contact Business

Industrial Machinery Wholesale Distributor Opportunity

EU-Roller, 4 Distributors, Est'd in 2012, Jászberény HQ
EU-Roller is the conveyor-roller division of Konkoly Electro Kft. , a Hungarian company with 24 years of experience in engineering, manufacturing, and industrial automation, led by Szabolcs Konkoly. EU-Roller manufactures customizable, lightweight, and corrosion-resistant HDPE conveyor rollers featuring patented sealing technology. The products are designed for demanding industrial applications across mining, quarrying, cement production, recycling, and other material-handling sectors. The company is seeking distributors to develop local industrial relationships and market EU-Roller products to conveyor manufacturers, system integrators, and equipment operators. The proposed distribution model supports both new installations and replacement-component sales, enabling partners to pursue project-based opportunities as well as recurring orders. This is a specialist B2B distribution opportunity rather than a retail franchise. Key commercial indicators include active industrial accounts, customer enquiries, order values, new project opportunities, and repeat orders. Why Become a Distributor? The opportunity combines a specialized conveyor-component product range with the engineering and manufacturing capabilities of an established European industrial company. It is well suited to distributors with existing industrial relationships who are looking to expand their product portfolio, access new industrial customers, and develop recurring revenue through replacement and repeat orders. The business has a business registration certificate.
EU-Roller, 4 Distributors, Est'd in 2012, Jászberény HQ
8.8   Expanding in Europe
Exp Monthly Sales
USD 40 thousand
Space Required
50 - 100 Sq Ft
Investment Required
USD 10 - 100 K
Contact Company

Restaurant Franchise Opportunity

Vege-Ro, Est'd in 2019, Hanoi HQ
  • 600+ Page Views
  • 100+ Investor Views
Company & brand overview: We established our authentic vegetarian and vegan ramen brand in Hanoi, Vietnam, 7 year ago, with a focus on delivering high-quality, plant-based Japanese ramen. Over approximately 6 years of operations across 3 locations, we successfully developed and refined our recipes, product offerings, and operational systems to create a scalable business model catering to vegetarians, vegans, health-conscious diners, flexitarians, and mainstream food enthusiasts. The company has currently ceased operations of its restaurant outlets as part of a strategic shift toward a franchise-focused business model. Accordingly, there are no operational outlets at present. The focus is now on expanding the brand through franchise partnerships in Vietnam and international markets, leveraging the established brand concept, proprietary recipes, operational know-how, and standardized systems developed during the previous six years of operations. The restaurant has an active business license. Business model & promoter: The brand is led by an experienced Japanese founder with over a decade of hands-on experience in the food and beverage industry across international markets. To lower the barrier to entry and mitigate initial risk for foreign or new partners, we offer a flexible, step-by-step entry model starting with a Local PoC (Market Validation Phase): Phase 1: Local PoC (2-3 Weeks On-Site) Objective: Before committing to a full-scale license, we utilize a shared kitchen or ghost kitchen setup to validate taste replication, operational feasibility, and consumer demand in the local market. Package Fee: $6,000 – $8,000 (fixed fee) + travel and accommodation expenses (100% prepaid). Deliverables: On-site recipe adaptation using local ingredients, preparation of tasting dishes for the partner’s invited guests, and a data-backed validation report (target food cost: 20–25%). Key Incentive: The Phase 1 fixed fee is 100% fully credited (deducted) from the Phase 2 initial license fee if the partner decides to proceed, making this initial phase effectively risk-free. Phase 2: Full Area License / Single-Store Partnership. Transition to full commercial rollout. Within Vietnam, partners can be supplied with proprietary core sauces (such as vegan miso sauce and Spicy Dan Dan sauce). For international markets, we offer a comprehensive recipe-licensing and know-how transfer model, enabling partners to maintain consistent product quality without requiring a highly skilled master chef. Competitive differentiation: Authentic taste without compromise: Unlike conventional vegetarian offerings that may lack depth of flavor, the brand focuses on rich, complex umami profiles designed to provide an experience comparable to traditional pork-bone (tonkotsu) ramen. Standardized & scalable operations: The business has developed standardized recipes and operating procedures to facilitate efficient outlet setup and day-to-day operations. The central sauce supply model in Vietnam and recipe-licensing model for international markets help maintain product consistency while reducing food waste, training requirements, and dependence on specialized kitchen staff. Growing plant-based market: The concept is positioned within the growing global demand for plant-based, health-conscious, and ethical dining options, with a specific focus on the relatively specialized vegetarian and vegan ramen segment. Franchise opportunity: Proven concept: The brand was developed through approximately 6 years of restaurant operations across 3 locations, during which recipes, products, and operating processes were tested and refined. Flexible expansion models: Offers a low-risk entry option via Local PoC, followed by a central sauce supply model within Vietnam and a recipe-licensing framework for international markets. Attractive margin potential: The concept is designed around products with favorable food-cost potential and a broad customer base comprising vegetarians, vegans, health-conscious consumers, flexitarians, and mainstream ramen enthusiasts. Comprehensive franchise support: Franchise partners can receive end-to-end support covering setup, recipe implementation, staff training, operational guidance, and marketing assistance, supported by the founder's extensive international F&B experience.
Vege-Ro, Est'd in 2019, Hanoi HQ
6.8   Expanding in Europe
Exp Monthly Sales
USD 7.5 - 50 thousand
Space Required
700 - 2500 Sq Ft
Investment Required
USD 7.5 - 110 K
Contact Company

Restaurant Franchise Opportunity

Lorenzo & Kakalamba, 1 Franchisee, Est'd in 2020, Belgrade HQ
  • 800+ Page Views
  • 60+ Investor Views
Lorenzo & Kakalamba is a family restaurant in Serbia offering a distinctive combination of traditional Florentine and Pirot cuisine with contemporary international dishes. The concept combines authentic culinary traditions with a unique, immersive ambience inspired by Renaissance Italy and southern Serbia. The promoter and restaurant owner is a professionally trained chef who graduated from the Apicius Academy in Florence and became a Master Chef of Tuscan cuisine, with additional training from chefs in Florence, London, and Amsterdam. The restaurant has gained recognition for its culinary and tourism positioning, including the prestigious Ambassador Luce title from Tuscan wine house Luce della Vite. Its competitive differentiation lies in its distinctive cuisine, strong family-oriented brand story, premium Italian product associations, and highly recognizable restaurant experience. The business generates revenue primarily through dine-in food and beverage sales. For an investor or franchise partner, the established concept, culinary expertise, brand recognition, differentiated positioning, and potential to replicate the Florentine-Pirot dining experience in suitable markets provide a strong foundation for expansion. Operates with a valid trade and food license.
Lorenzo & Kakalamba, 1 Franchisee, Est'd in 2020, Belgrade HQ
7.5   Expanding in Europe
Exp Monthly Sales
USD 9.5 thousand
Space Required
5000 - 10000 Sq Ft
Investment Required
USD 57 - 95 K
Contact Company

Training Institute Franchise Opportunity

IBOSD - UK LTD, 1 Franchisee, Est'd in 2026, London HQ
  • 900+ Page Views
  • 200+ Investor Views
International Board of Skills and Development - UK LTD is a registered private limited company offering international professional skills development, vocational training, and certification programs. The business is now seeking franchise partners to expand its established skills-development brand into new territories through a structured international franchise model. Franchise partners can operate District Outreach Training Centres (DORTCs) and build local networks of Authorized Training Providers and professional trainers under the brand. The central organisation provides curriculum frameworks, assessments, certification systems, trainer pathways, quality standards, and digital and administrative support. Franchise partners focus on local market development, learner acquisition, entrepreneurship, institutional relationships, infrastructure, and training delivery within their territories. The programme portfolio covers industry-relevant areas including safety, ESG, leadership, AI, industrial skills, HR, and other professional development programs. The model combines training, professional certification, membership opportunities, trainer authorisation, and institutional partnerships to create multiple avenues for franchise growth. Franchisees benefit from an international brand, defined operating standards, structured programmes, ongoing support, and the opportunity to develop sustainable district-level training businesses. The model is designed for entrepreneurs, education businesses, training organisations, and professionals seeking to build a scalable vocational and professional training operation. Holds CPD and HLACD UK credentials, is ICO registered, and has ISO certification. The franchise opportunity provides scope to expand the brand's international network while maintaining centralised quality and certification standards. The owner is currently in India and will be available for the transaction.
IBOSD - UK LTD, 1 Franchisee, Est'd in 2026, London HQ
8.7   Expanding in Europe
Exp Monthly Sales
USD 2.7 thousand
Space Required
2000 - 3000 Sq Ft
Investment Required
USD 6.7 - 9.4 K
Contact Company

Nutraceuticals Franchise Opportunity

Omega 3 Zone, 2 Franchisees, Est'd in 2017, Paphos HQ
  • 600+ Page Views
  • 100+ Investor Views
Omega 3 Zone is a German premium omega-3 supplement brand with almost ten years in the market, 24 certificates and industry awards, and the number two position among omega-3 brands online in Germany. The product is manufactured by Omega3Zone GmbH in Nuremberg, founded 2017; brand and technology rights are held by Omega3zone Global LTD in Paphos, Cyprus. The group operates from two countries and sells online into 29. We license the branded highly dosed natural fish oil rather than only selling finished product - the Coca-Cola model. Partners buy the concentrate from us and sell either under the Omega 3 Zone name or under their own label. The concentration technology is protected in 181 countries and delivers 5,400 units of omega-3 per dose against roughly 1,500 in a standard supplement. Existing B2B buyers include supermarket chains, drugstore chains, gyms, salons, and spas. No retail premises are required: the model runs on B2B distribution and online sales. There are no royalties in any partner format. The brand operates with a valid business license.
Omega 3 Zone, 2 Franchisees, Est'd in 2017, Paphos HQ
6.9   Expanding in Europe
Exp Monthly Sales
USD 23.3 - 56 thousand
Space Required
Nil
Investment Required
USD 104 - 189 K
Contact Company

Playschool Franchise Opportunity

Mini Club Scooby Italian Montessori, 300 Franchisees, Est'd in 2003, Novara HQ
  • 10+ introductions
  • 1000+ Page Views
  • 300+ Investor Views
Master franchise opportunity for the Mini Club Scooby preschool network, based on the certified Italian Montessori Method. - Seeking franchise partners to establish and operate preschools offering nursery, kindergarten, drop-in childcare, and corporate daycare services under the Mini Club Scooby brand. - Franchisees receive a turnkey business format, standardized Montessori educational system, certified training, operational support, and access to specialized educational materials designed to foster children's independence, creativity, and cognitive and emotional development. - The brand is differentiated by its certified Italian Montessori Method, strong emphasis on educational quality, and international experience, including the successful export of the "Scoobyland" educational project to China. - Operates under a trademark registered in Italy, with a renewable 12-year master franchise agreement supporting long-term expansion. - The business aims to build an international network of Montessori preschools through a scalable franchise model. - Registered and affiliated with the Ministry of Education, supporting compliant educational operations.
Mini Club Scooby Italian Montessori, 300 Franchisees, Est'd in 2003, Novara HQ
9.1   Expanding in Europe
Exp Monthly Sales
USD 28 - 56 thousand
Space Required
150 - 5000 Sq Ft
Investment Required
USD 39 - 347 K
Contact Company

Beauty Product Shop Dealership Opportunity

ALGO Spa - Energie Live, 1 Dealer, Est'd in 2023, Regensdorf HQ
ALGO Spa – Energy Live. ALGO Spa is a practical solution for everyone. Whether standing, sitting, or lying down—you can use ALGO Spa anytime, anywhere. The session takes just 2 minutes. It is popular for both private home use and commercial settings, as ALGO Spa can be combined with any other therapy. The effects of ALGO Spa on the human body: • Cleansing & detoxification. • Drainage of excess body fluids. • Metabolism boost. • Circumference reduction & skin tightening. • Relief from muscle & back tension. • Relief from joint discomfort. • Immune system strengthening. • Regulation of circulatory issues. • Weight loss & anti-cellulite treatment. • Warming the body using cost-effective infrared energy. Who can use ALGO Spa? • Private individuals: men and women up to 135 kg, and children aged 10 and up. • Beauty salons. • Massage studios. • Hotels & spas. • Fitness studios. • Physiotherapists. • Retirement homes. • Hospitals. • Rehabilitation centres. • Medical practices. • Thermal baths. • Military & armed forces. - A dealer can achieve more than the mentioned monthly sales of CNF 150K, as they will be the only ones in their country/continent and the EBIDTA is high as the resale value isn't fixed and dealer is free to make a choice on the resale value.
ALGO Spa - Energie Live, 1 Dealer, Est'd in 2023, Regensdorf HQ
8.6   Expanding in Europe
Exp Monthly Sales
USD 182 thousand
Space Required
20 - 200 Sq Ft
Investment Required
USD 726 K - 7.1 Mn
Contact Company

Restaurant Franchise Opportunity

À La Maison Grand, 1 Franchisee, Est'd in 2015, Budapest HQ
  • 1000+ Page Views
  • 200+ Investor Views
À La Maison Grand is a premium all-day brunch and specialty coffee brand focused on elevated hospitality and visually distinctive, lifestyle-oriented dining experiences. The concept combines a high-quality menu with specialty coffee and an all-day brunch format, positioned as an aspirational yet approachable destination. À La Maison Grand? * Premium European brunch concept. * Proven operating model. * High average guest spend. * Strong coffee-driven profitability. * Scalable operations. * Flexible location formats. * Premium interior design. * Comprehensive operational support. * Strong social media appeal. * Multiple revenue streams (Dine-in • Delivery • Retail • Events) The business model is based on relatively high average checks, strong all-day traffic driven by brunch and coffee occasions, and a refined atmosphere that attracts both locals and tourists. Competitive Advantages. • Premium brunch positioning. • All-day operating model. • High-margin specialty coffee. • Strong brand identity. • Proven SOP system. • Scalable franchise model. • Optimized food cost. • Strong digital marketing support. Financially, the franchise model targets annual revenues of about EUR 2.6–3.6 million per outlet, EBITDA margins of 15–22%, and a payback period of approximately 3.5–5 years, making it attractive for investors seeking both stable cash flow and brand equity growth. The brand differentiates itself through elevated service standards, design-led interiors, and consistent operational know-how supported by the franchisor. Investors benefit from a clearly structured investment framework, defined financial expectations, and a scalable lifestyle brand aimed at building a strong presence across Europe and the Middle East. The business has an operating certificate issued by the Hungary government.
À La Maison Grand, 1 Franchisee, Est'd in 2015, Budapest HQ
7.9   Expanding in Europe
Exp Monthly Sales
USD 168 thousand
Space Required
200 - 450 Sq Ft
Investment Required
USD 560 - 671 K
Contact Company

Interior Design & Architecture Dealership Opportunity

M To M Mart, 1 Dealer, Est'd in 2021, Vijayawada HQ
M TO M MART – European Franchise Opportunity. Bring Premium Indian Modular Interiors to Europe. M TO M MART is expanding across Europe and invites ambitious entrepreneurs, business owners, and investors to become exclusive dealership partners in one of the fastest-growing home improvement sectors. We specialize in premium modular kitchens, wardrobes, walk-in closets, TV units, storage solutions, and complete home interior products, combining world-class manufacturing with affordable pricing and exceptional quality. Our franchise model enables partners to establish a modern retail showroom in their city while leveraging our global sourcing network, advanced manufacturing capabilities, and complete operational support. Why Partner with M TO M MART? The demand for stylish, functional, and affordable modular interiors continues to grow across Europe. M TO M MART bridges the gap by delivering internationally designed products manufactured to high-quality standards at competitive prices. Product Portfolio: - Our dealership stores offer a comprehensive range of modular interior solutions, including: - Modular Kitchens. - Wardrobes. - Walk-in Closets. - TV & Entertainment Units. - Bedroom Furniture. - Home Office Solutions. - Storage Systems. - Utility Cabinets. - Vanity Units. - Customized Interior Solutions. Ideal dealership partner: We are looking for entrepreneurs who have: - Passion for interiors and home improvement. - Retail or business management experience (preferred). - Ability to establish a premium showroom. - Strong customer service mindset. - Commitment to growing a long-term business. - Experience in interior design is beneficial but not mandatory, as comprehensive training and ongoing support will be provided. Business Model: - Our dealership model is designed to minimize complexity while maximizing growth potential. M TO M MART provides: - Product sourcing. - Manufacturing coordination. - Brand identity. - Design support. - Sales systems. - Marketing materials. - Installation guidance. - Continuous business development support. Dealership partners focus on: - Showroom operations. - Customer acquisition. - Project management. - Local marketing. - Installation coordination. - After-sales service. Why the European Market? - Europe continues to experience strong demand for modern residential interiors driven by: - New housing developments. - Home renovation projects. - Rising demand for customized furniture. - Growth in premium apartment living. - Increasing preference for modular solutions. - Our business model combines premium quality with competitive pricing, creating significant opportunities for dealership partners to build a profitable and scalable business. - At M TO M MART, we believe every home deserves beautifully designed interiors that combine functionality, quality, and elegance. - Join us in building one of Europe's leading modular interior retail networks and become part of a growing international brand committed to innovation, customer satisfaction, and long-term business success.
M To M Mart, 1 Dealer, Est'd in 2021, Vijayawada HQ
5.7   Expanding in Europe
Exp Monthly Sales
USD 21 thousand
Space Required
200 - 2000 Sq Ft
Investment Required
USD 10.5 - 37 K
Contact Company
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  • How many businesses for sale and investment in Gibraltar are listed on SMERGERS?
    There are 122 active and verified businesses for sale and investment in Gibraltar listed on SMERGERS as of 25 October 2026.
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