Small Starting Gps Tracking Business For Sale
Location United States
Asking Price Range $250K - $500K
Gross Revenues $250000
Net Profit / Cash Flow $60000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2012
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Not disclosed
Description THE BEST OPPORTUNITY TO GET STARTED IN THE GROWING GPS TRACKING INDUSTRY IN THE USA - Small and young GPS Tracking business that targets small businesses in USA. This great opportunity comes with everything needed to continue growing: Great web site that sells, great web application and back-end processes to provide the service. This business is fully operational and growing. It started to be cash flow positive on may/2012. Great investment for a new entrepreneur or for an existing business (security, alarms, radio-communications, etc.) that wishes to expand its line of services.
UPDATE 10/28/2012: Our GPS Platform has advanced feature-wise, focusing more on the needs of small local fleets and development is ongoing, to appeal even more to this market. The subscribers base to our company has grown 2.4 times since may/2012. Annual gross revenue has more than doubled from $100K to $240K, and EBITDA has trippled, from $20K to $60K per year. Right now 50% of revenue comes is recurrent. Gross Margin: 50% (Gross margin is expected to reach 60% over the next 12 months, as a bigger part of the revenue is recurrent). Price of business is being adjusted as per these new conditions from $240K to $360K (1.5 Revenue / 6 EBITDA). Price includes everything:software, hardware infrastructure, marketing system, sales system, contracts with vendors.
THIS IS STILL A GREAT OPPORTUNITY AT A REASONABLE PRICE FOR ANYONE WANTING TO ENTER THE EXPLODING GPS TRACKING INDUSTRY IN THE USA.
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