Description
OFF-MARKET ‘Q3 2022
B2B Drone Flight Training Provider (Education Services Niche)
Canandaigua, NY (Ontario County)
Asking Price: Best Possible Offer
Cash Flow: $282,000
Gross Revenue: $800,000
EBITDA: N/A
FF&E: $15,000
Inventory: N/A
Established: 2014
Employees: 6
Business Description
This Company provides Drone flight technical training and education services to enterprise clients and educational institutions. The Company has aggressively sought sales in the education space, developing strong recurring revenue in their chosen niche. In operation since 2014, the company has maintained a stellar reputation. The company comes with all intellectual property and industry-leading software.
The Sellers are a pair of serial entrepreneurs and are ready to retire due to health reasons – in his own words “If I was 20 years younger, I would never be selling this business.”
The Company has continued to grow year-over-year and is focused on scaling in the education space. This business features a unique recurring revenue offering with the potential for large one-time or ongoing accounts in the enterprise space. Business location and name will be shared once a qualified Buyer prospect is vetted. NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
N/A
Competition:
There are a few competitors in the same niche targeting different customer segments.
Growth & Expansion:
This company offers an opportunity to focus on enterprise customers or educational institutions or both for a well capitalized operator.
Financing:
None offered.
Support & Training:
Four weeks of twenty hours. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling:
Age and health concerns.