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Software Development Company Based In Bulgaria For Sale

Varna, Varna
Asking Price:
$100K - $250K (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$50,000 (USD)
Cash Flow:
Available on request

I am thinking of selling or bring in investor for my software company based in Bulgaria. The company is mainly developing e-commerce projects. It has a rich portfolio of over 200 webshops and sites. Team experts in open source systems, HTML and CSS, PHP, java script etc.
Company has official partnerships with big softwares. It is also approved as official consultants of EBRD projects.
The location is key because it is in a big city with a Tech University. Programmers salaries goes between 1200 - 2500 euro per month. Profit taxes are only 10% and VAT is only 20%.

Property information


The company office is in the centre of the city of Varna

Premises Details:

The office is about 130 m2. It is fully equipped with computers, desks, office chairs and other office furniture and technologies.

Size in square feet:

Business Operation

Expansion Potential:

The company has huge potential for buyers from foreign markets because the location allows hiring programmers with low salaries for their standards.
With more than 6 years of experience, the company has a great team of professionals.

Reasons for selling:

The company has a very strong brand but only locally. Local projects are not in our interests anymore so we are looking to either sell the company to a foreign investor or bring in an investor to work together with him that can handle the distribution elsewhere.

Trading hours:

Mon-Fri / 08:30 - 17:00

Years established:

Other Information

Support & training:

Full training of the entire current process of distributing and development.

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$9,000 (USD) - included in the asking price
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Home based:
This business can be run from home.
This business can be relocated.

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