Leading Wifi Internet Service Provider (WISP) Company in Cyprus

  • Price: £2000000 (Leasehold)
  • Leasehold Price: £2000000 (Leasehold)
  • Annual Turnover: £515,000
Seller Ref:1174SAF
For Sale

Leading Wifi Internet Service Provider (WISP) Company in Cyprus

Seller Ref:1174SAF
  • Price: £2000000 (Leasehold)
  • Leasehold Price: £2000000 (Leasehold)
  • Annual Turnover: £515,000

Overview

Seller Ref: 1174SAF

Description

Business Partnership are delighted to present this consistently profitable and rapidly growing Internet Service Provider to the market. 

Established in 2004, this well-established and highly regarded business provides fast support and very fast internet speeds to customers across Cyprus. 

Based in Ayia Napa, this relocatable business has an outstanding reputation for its customer service and expert tech support.

Cyprus offers attractive tax rates such as 2.5% tax for Tech businesses and 0% Capital gains and dividend tax. There is also the potential of receiving Cypriot residency after 4 years.

This is demonstrated by the amount of loyal customers (around 4000)  who are retained long term and the many more clients who are introduced through referrals from existing customers.

The current team of 12 have a great deal of experience across all aspects of the business. 

Staff currently work from a leasehold property, however this is an easily relocatable opportunity. A handover period is available should this be desired. 

The business is offered for sale reluctantly due to retirement plans.

For full details and to sign an NDA please get in touch with Simon Fraser on - Simon.Fraser@business-partnership.com or 01463 830391. 

Is stock included:
NA

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