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Smart Phone & Tablet & Smart Devices Manufacturer In Istanbul For Sale

Istanbul, Turkey
Asking Price:
$55,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$50,000,000 (USD)
Cash Flow:
Over $2.5M (USD)

The Company was founded in 1981 with the idea of creating an international brand using the latest technologies to its customers. The trademark, which is one of the three smart phone brands that are most preferred in Turkey, develops smart mobile solutions with high level of quality, accessibility and latest technology.

The Company has an investment of 18 million USD at 2016 for the factory. The factory can produce 3.6 million unit smart phones per annum.

The Company's sales are to distributors, mix channel and final consumers as well as export business.

Property Information

Real Estate:

Lease

Lease Terms:

lease contract is valid until 31.12.2025 and can be renewable

Leasehold Rent:

$270,000 (USD) per annum

Location:

Istanbul is a city located in Turkey and one of the 81 provinces of the country. It is the most populous, economically and socio-culturally most important city in the country. The city ranks 34th in the world in terms of economic size, first in Europe in terms of population, and sixth in the world after Lagos, according to the ranking made by considering municipal borders.

Premises Details:
  • The height of the storage area is an advantage.
  • It has access via the metro line.
  • The width of the building's facade and visibility from the street are quite high.
  • The number of parking lots is sufficient.

Business Operation

Reasons for selling:

exiting from the technology sector

Trading hours:

Mon-Fri 08.15-18.15

Employees:
152
Years established:
1981

Other Information

Furniture / Fixtures value:
$2,000,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000,000 (USD) - included in the asking price
Home based:
This business can be run from home
Relocatable:
This business can be relocated