Air Purification Company Investment Opportunity in Paphos, Cyprus

- The business is based in Paphos and primarily operates in a unique air purifier assembling, sales, and after-sales service.

- The air purifier is designed to be suspended from the ceiling above the source of aerosols and fine dust particles.

- The filter in combination with an activated carbon filter and UV-C light providing a reduction of 99.995% of environmental dust, viruses (including Covid19), bacteria, pollen, aerosols, and unpleasant odors.

- Approximately 2.5 m above the ground, this purifier draws aerosols and fine dust particles horizontally above the source (i. e. stay zone and breathing height)

And the purified air flows out in 360° above the air purification lamp.

- The air purification effectiveness compared to industrial floor-standing devices has been examined, proven and certified by TU Berlin Hermann Rietschel Institute, providing credibility to the product's claims.

- The company has an established client base of 30 industrial and commercial clients in Germany and Cyprus, with notable projects completed in:

School - 300 units.

Chemical plant - 40 units.

Hospitals - 20 units.

Hotels - 20 units.

Several restaurants - 8 units.

- The business has its own molds for customising and assembling equipment, and individual parts are sourced through manufacturers from China, indicating a level of control over the production process.

- With an average project duration of 4 weeks and a minimum value of EUR 20k, the company has a steady project pipeline, with 5 to 10 projects currently ongoing.

- The business has recently secured a significant project worth EU 8 to 10 million, spanning over 2 years and also a first 3-year service contract with a chemical plant, demonstrating sustained revenue potential.

- The owner is currently in Germany as the business is operating there as well, he travels to Cyprus as well to handle the operations there.

Air purifier - assembling, sales and after-sales services.

Designed to be suspended from the ceiling - draws aerosols and fine dust particles.

Clients are both industrial and commercial such as schools, chemical plants, hospitals, hotels, restaurants etc. , based in Germany, Middle East.

Physical assets worth EUR 1 million include the production molds, assembly lines, inventory and other office equipment.

Intangible assets include software and application.

There are 2 rented facilities - 100 sqm of product assembling facility in Paphos, Cyprus, which is the head office.

Another facility is in Dreieich, Germany.

- No debs or loans.

- 2 shareholders with ownership split of 10/90.

- The company is funded through personal funds and the product is totally developed by the owners.