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Highly Profitable Company For Sale

Nicosia, Nicosia District, Cyprus
Asking Price:
€300,000
Sales Revenue:
€500K - €1M
Cash Flow:
€500K - €2.5M

The company is a Cyprus based company that sells, geophysical, scientific and non-destructive testing equipment. It also offers services in the above mentioned sectors. The company has established clientele worldwide, is highly profitable, and has the potential to grow exponentially. The company can be run remotely and has a very good reputation as a quality provider.

Company owns a patent registered in the UK and trademarks registered in the EU.

In the year of 2020 (first year of operation) company had a turnover of 509,475 EUR and profits 149,013 EUR.

In the year of 2021 the draft audit gives a turnover of around 650,000 EUR and profits 254,691 EUR.

Owners are selling the 70% of the company at this price. They are willing to stay at the company and help for another 18 months and later on surrender the rest of the percentage.

The company has also submitted a number of proposals for funding from National and European funds with very good chances.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Location:

Nicosia, Cyprus

Premises Details:

We lease an office of 170 square meters

Business Operation

Expansion Potential:

Since the company can grow fast it can expand to other locations outside Europe including the Middle East and Africa.

Reasons for selling:

Looking for funds to expand and grow the company together with the buyer and retire after 18 months.

Years established:
2019

Other Information

Support & training:

We offer full support and work together for the first 18 months.

Website:
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Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Seller

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