Saudi Arabia

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Listing Id: 29592 Total Views: 1752

(Sold) [205K Net Yearly] Iot B2b B2c Distributor (Network / POS / Security) For Sale

Central Area

Date Closed: 24/10/2024

Asking Price: Price On Request

Overview

  • Premise Type Office Building
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Moving back to Europe.

Description

IOT B2B B2C Subscription Service Biz (Network / Analytics / Security) looking for Full Takeover - 205K Net Profits Yearly.
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Huge clientele list not limited to: BHG, 4 Fingers, Marks & Spencer, Unlisted Collection Group, Lacoste and many more (Tenants are mostly in major shopping malls locally).
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Authorized Cisco Select Partner Company (MSP)
8 years since inception.
Recurring subscription revenue model + one time setup
Niche with intellectual property & strong loyal client base
Secured revenue up to 2027 – 600k conservatively already but would be way higher.
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Contact Eugene / Russell for more information
Eugene@lionbrokers.sg +65 91023566
Russell@lionbrokers.sg +65 97101831


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