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Thriving Tech and Print Business, Cyprus, Absentee Owner For Sale

Limassol (with additional locations in Paphos and, Limassol District, Cyprus
Asking Price:
€550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€1,620,921
Cash Flow:
€153,740

An established, cash-generative technology, print and 3D business with three island-wide locations, a self-managing senior team, and income from day one.
This is a 24-year-old business operating with full day-to-day autonomy under a well-recognised international brand licence, serving over 3,000 active B2B and retail clients across Cyprus from three locations — Limassol (HQ), Paphos, and Larnaca. The business trades across print consumables, technology hardware, 3D printing, and Managed Print Services, with exclusive import rights for leading 3D brands.
The business is led by two senior directors with a combined 44 years of tenure, operating with full autonomy. An incoming owner assumes a principal and strategic role — the infrastructure, the team, and the relationships are already in place.
The financials.
Audited turnover of €1,620,921 in 2024 and €1,702,317 in 2023. The 2025 figure of €1,296,236 reflects two specific, non-recurring disruptions — a planned store consolidation and a website platform migration — both now fully resolved. The rebuilt third-generation e-commerce platform launched in February 2026. Since launch, website revenue has grown month on month: March 2026 up 55% on the prior year, April double, May treble. May 2026 was the first month of year-on-year total revenue growth since the disruption, at €116,735 and a 44% gross margin — the strongest margin month on record. YTD revenue to end of May: €502,571. The recovery is confirmed in five consecutive months of live trading data.
Projected 2026 Seller's Discretionary Earnings (SDE — the owner's true economic return including salary, add-backs, and discretionary costs) is approximately €115,000, rising to approximately €161,000 in 2027 as the digital channel contributes. The asking price of €550,000 is benchmarked to the current recovery base — a deliberate entry point for a buyer acquiring before the digital channel has meaningfully contributed to results.
Operating cash generated in 2024 was €153,740 — 11 times the reported net profit — confirming strong cash conversion quality. Gross margin reached 41% in 2025, a five-year high despite the revenue dip.
Five reasons this business stands out.
No client concentration risk. The single largest client represents less than 3% of revenue. The top ten combined represent approximately 25%. The remaining 75% is distributed across hundreds of independent accounts — resilience that most businesses at this revenue level cannot demonstrate.
Recurring revenue built in. 168 Managed Print Service contracts, auto-billed monthly via GoCardless at approximately 70% gross margin with near-zero churn. Currently 5% of revenue — against a B2B base that is 90% transactional. The conversion opportunity is significant and requires no capital investment.
Exclusive 3D distribution rights. Sole Cyprus distributor for leading 3D printing brands. This category has grown 253% from 2022 to 2025, up a further 56.6% year on year in the first five months of 2026, and represents one of the clearest structural growth opportunities in the business.
Permanent cost reduction locked in. Operating expenses reduced by over €115,000 per year through the consolidation period — a structural improvement that benefits the incoming owner from day one.
Reputation that cannot be replicated quickly. 4.8/5 across 1,632 independently verified Trustpilot reviews, built over two decades. Carbon Neutral certified. A track record that anchors both B2B procurement decisions and consumer trust.
The Cyprus advantage.
For an incoming owner, Cyprus offers one of Europe's most competitive business and personal tax environments. From 1 January 2026: 15% corporation tax, 0% capital gains on share disposals, and deemed dividend rules abolished — applying to all owners regardless of residency status.
For qualifying non-domiciled residents: dividend tax of just 2.65% (GHS only) — an effective combined rate on distributed profits of approximately 17.3%, among the lowest in the EU. Non-dom status is qualifiable under either the 183-day or 60-day residency rule and is available for up to 17 years.
For domiciled Cyprus residents the position has also significantly improved from 1 January 2026: Special Defence Contribution on dividends reduced from 17% to 5%, plus 2.65% GHS — a combined effective rate materially lower than most comparable EU jurisdictions.
Independent personal tax advice is recommended for all buyers regardless of residency status.
Limassol is Cyprus's commercial capital and the fastest-growing expat professional hub in the Eastern Mediterranean. English is the primary business language. International schools, direct flights to the UK and EU, a new marina, and a rapidly expanding international business community make this one of the most compelling places in Europe to base both a business and a life.
The incoming owner inherits a 24-year professional network — supplier partners, corporate clients, franchise contacts, and chamber relationships — an immediate foundation that would take years to build independently.
The process.
This is a confidential sale. The full Information Memorandum, audited financial statements, and data room are released on execution of a Non-Disclosure Agreement. To receive the NDA and begin the confidential process, please submit an enquiry. There is no obligation at this stage.

Property Information

Real Estate:

Lease

Location:

Limassol, Cyprus (with additional locations in Paphos and Larnaca)

Premises Details:

Three leased retail and operational hubs across Cyprus — Limassol (HQ, warehouse, technical), Paphos, and Larnaca. All premises on long-standing rolling arrangements. Total combined annual rent €22,200. Full details in the Information Memorandum.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Four capital-light growth opportunities identified and ready to execute: Nicosia territory re-activation (€150k–€200k p.a.), 3D wholesale distribution network (€80k–€120k p.a.), Managed Print Service conversion from transactional B2B (€60k–€80k recurring), and digital channel growth via the V3 e-commerce platform — including Google Shopping, with 9,830 products already approved in Merchant Centre and no Cyprus competitor active in any category. Combined potential €290k–€400k on the existing cost base.

Competition / Market:

The business holds a structurally strong market position built over 24 years — specialist technical depth, exclusive import rights, island-wide digital and physical coverage, and 1,650 verified Trustpilot reviews at 4.8/5. No single competitor combines all of these elements. Full competitive analysis in the Information Memorandum.

Reasons for selling:

Retirement of founder after 24 years building the business.

Trading hours:

Monday, Tuesday, Thursday, Friday 8-6. Wednesday -Saturday 9-1 - Online 24/7

Employees:
10
Years established:
Since 2002

Other Information

Support & training:

The founder is available to provide structured transitional support on duration and terms to be agreed at heads of terms. The two senior directors — combined 44 years of operational tenure — remain in post and provide full continuity of management from day one. The incoming owner assumes a principal and strategic role, providing direction and oversight to the senior team without operational involvement in the day-to-day running of the business. No industry expertise is required. All procedures are documented and available online in the Learning Management System.

Inventory / Stock value:
€50,000 - included in the asking price
Related Documents: