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Mobile phone manufacturer Europe for sale
Mobile phone manufacturer company for sale
- Size: tiny
- Revenue: < 1M EUR
- Location of the company: Europe
- Reason for sale: The owner of a start-up company activating in mobile phone manufacturing is open to listening to interested investors who are active in this area
- #CFIE ITS116
Overview of the Mobile phone manufacturer in Europe for sale
The owner of a Mobile phone manufacturer presents an opportunity for interested parties. The company is in the start-up phase and is looking for funding, therefore potential investors might be interested to invest in this company. The potential buyer could be either an individual investor or a company that has synergy in the industry and wants to diversify its products. Also, a large company with broad sales network might take advantage of its sales channels to distribute these smartphones. The management team is highly specialized in the following domains: electronic design, advertising & communication, sourcing hard goods and electronics.
Profile (strategy) of the Mobile phone manufacturer in Europe for sale
The company activates in the domain of designing and manufacturing of high-end smartphones, it commercializes these phone to retail customers at a lower price (30-40%) than famous equivalent brands. The products are manufactured in China and the target clients are by now as it follows: facebook followers (in present the company has more than 100.000 followers with more than 5000 comments per post), consumers and resellers that are ready to buy it. For sales channels, the company has closed contracts with resellers and distributors, other sales channels are the company's website and major retailers. The company has already more than 10.000 pre-orders from customers.
The company is a start-up and has put together this business project that requires financial support from investors. Initial required fund will be of 8M Euro divided as it follows: 6M EUR will be equity and 2M will be from debt financing. After the funding is finalized, the first smartphone will be ready to be sold in 6 to 9 months. Financial projections show in year 5 revenues of 110M EUR with an EBITDA of 16M EUR. The phone will have a computer incorporated and will be operating on the same mobile platform as famous equivalent brands, meaning the latest Android system.
Some of the phone's features are: Snapdragon 835 processor, 14 cm screen size, 8GB RAM, 128 GB storage capacity, 128 GB memory cards, Android 7.0 Nougat operating system, fingerprint security, 4000MAh battery capacity. The phone will be comercialized at a price of 642 EUR. There will be 2 versions of the phone, a premium one and a budget one, the latter will be a little smaller than the first.
Activities and services of the Mobile phone manufacturer in Europe for sale
The company is a start-up and will design, manufacture, produce and sale 2 types of smartphones, a premium model and a budget one.
Highlights of the Mobile phone manufacturer in Europe for sale
- The company activates in designing, manufacturing and selling of mobile phones
- The company has incredible financial projections with high revenues and profits
- The company managed to set-up extensive sales channels
- The owners are open to listening to interested buyers that want to invest in this start-up company
Information about this Mobile phone manufacturing company in Europe
Please do get in touch if you are interested in finding more about this Mobile phone manufacturer in Europe for sale. If this Mobile phone manufacturer in Europe does not fit your requirements feel free to ask for other ITS companies for sale
. If you are interested in buyers of IT and software companies, please visit the section ITS companies wanted.
Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.