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GPS Devices Company for Sale in Monaco-Ville, Monaco

Software company in Monaco that has developed real time tracking system which has 1,100 users.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 160 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 40 %
Industries GPS Devices
Locations  Monaco-Ville
Local Time 10:12 PM Europe / Paris
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: EUR 380,000)
Reason: The owner has another business.
Includes physical assets worth USD 43 thousand
Name, Phone, Email
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Business Name
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Business Overview

- The business is profitable but not by much. It is necessary to develop and inject money into advertising.

- Currently have 1,100 users. They are individual customers who own trucks or cars.

- We charge a monthly subscription fee of EUR 9.9 - 13.90. SInce it is a software company with a good number of users, we do not require many employees.

- The office is located in Monaco and the owner travels. Monaco to France is 12 km.

Products & Services Overview

Vehicle geolocation service, website publishing. rental of access to our vehicle tracking platform by subscription.

Assets Overview

Intangible- Software and websites.

Tangible- Company vehicles Office furniture.

Facilities Overview

Rental office in Monaco on a 20 sqm area with a monthly rent EUR 900.

Capitalization Overview

- Only €40,000 of debt to the shareholder. This will be discussed with the buyer.

- 1 single shareholder, and 1 manager.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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