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Established Technology Business in Cyprus | Founder Retirement For Sale

Limassol (with additional locations), Limassol District, Cyprus
Asking Price:
€550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€1,292,325
Cash Flow:
On request

An established Cyprus business supplying print consumables, printers, managed print services, 3D printing products, IT equipment and technical support to business and household customers.

The business served 1,455 purchasing B2B accounts in January–September 2026, with no single customer representing more than 1.4% of sales. It operates 159 managed-print contracts and benefits from established supplier relationships, an experienced management team and a rebuilt e-commerce platform offering a substantially wider product range.

Following disruption from a 2025 website migration, the replacement platform launched in February 2026. Online visibility and sales are recovering: website sales increased 68.5% in January–September 2026, 3D sales grew 62.4%, and total third-quarter sales increased 5.9% year on year.

Audited 2025 revenue was €1.29 million, with €1.31 million forecast for 2026 and €1.49 million projected in the 2027 base case.

**Asking price: €550,000**, on a cash-free, debt-free share-sale basis.

The company identity and full Information Memorandum are available to qualified purchasers following NDA. Management meetings and site visits follow a non-binding Expression of Interest.

Property Information

Real Estate:

Lease

Lease Terms:

The business operates from three leased premises with long-standing landlord relationships extending over 20 years. The leases operate on rolling arrangements, with rent reviews agreed with the respective landlords. Combined annual rent is €22,200. Lease documentation and detailed terms are available to qualified purchasers following NDA.

Leasehold Rent:

€22,200 per annum

Location:

Limassol, Cyprus, with additional retail locations in Paphos and Larnaca. The Limassol headquarters also provides warehousing, technical support and island-wide fulfilment.

Premises Details:

Three established leased locations serving customers across Cyprus. Limassol combines retail, warehousing, technical services and administration, supported by customer-facing locations in Paphos and Larnaca. Combined annual rent is €22,200. Long-standing landlord relationships and further property details are available in the Information Memorandum.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The existing operating infrastructure offers several opportunities for further development: expanding B2B account sales, increasing managed-print contracts, developing 3D wholesale distribution, strengthening online sales through improved Google visibility and marketplace channels, and expanding B2B coverage in Nicosia without opening another store.

The upgraded e-commerce platform and wider product catalogue provide an established foundation for growth. Further expansion opportunities are available at the incoming owner's discretion and are separate from the existing business plan. Full details are provided in the Information Memorandum.

Competition / Market:

The business operates in a competitive market that includes electronics chains, specialist print and IT suppliers, online marketplaces and international retailers. Its established position combines original and own-brand consumables, printing hardware, managed print services, a growing 3D printing range, experienced staff, in-house technical repairs and local after-sales support. An extensive online catalogue, strong independent customer reviews and established supplier relationships provide further competitive strengths. Pricing is regularly benchmarked against the market.

Reasons for selling:

Retirement of the founding owner following 24 years of developing the business. An established management team is in place, with structured transitional support included in the sale.

Trading hours:

Monday, Tuesday, Thursday and Friday: 08:00–18:00. Wednesday and Saturday: 09:00–13:00. Online ordering available 24/7. Store opening hours may vary by location.

Employees:
10
Years established:
Since 2002

Other Information

Support & training:

A structured three-month founder handover is included in the asking price, with up to a further three months of part-time consultancy available by agreement.

Two experienced senior managers, with a combined 43 years of service, oversee daily operations. They are supported by an established team across sales, administration, accounts, logistics, marketing and technical services. Documented operating procedures and staff training systems support continuity. The business also operates an established Erasmus+ internship programme.

The senior managers are open to continuing under new ownership, subject to mutually acceptable terms.

Related Documents:
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