Description
SOLD! ‘Q4 2018
Find Online Business for Sale – Los Angeles, CA
Custom Technology Driven Travel & Logistics Enterprise
Business Overview:
Driven by a specifically chosen and well-trained staff, along with a developing cutting-edge web-based software platform, this unique and exciting business provides a comprehensive white glove travel and logistics solution to customers worldwide.
Facilitating thousands of transactions per day, this Company is guided by a talented team of multi-tasking and extremely organized staff that keeps their client base focusing on other business responsibilities instead of the myriad of issues that large-scale, complicated endeavors must manage and that this Company thrives in daily.
The software-driven technology platform was created by reinvesting over $1MM in prior years’ Company profits back into the platform. The return on investment of this technology, continuing to develop daily, continuously improves its operations.
Now a much leaner and efficient operating entity, the Seller seeks to hand over the reins to a well-capitalized private equity group, family office, or established enterprise that has the desire, drive, and commitment to capitalize on an outstandingly built foundation. The undeveloped markets available are numerous, and with the right leadership, and a willingness to continue to inject capital lies a profound source of untapped business.
The attractive value proposition for customers yields an incredibly high closing ratio by the existing staff, so by adding experts in business development, sales and marketing strength and continued investment in database development, the Buyer’s team hopefully will expand the gross and net revenue base significantly post-closing.
The expansion of the software cannot be underestimated or undervalued in the desired goal of linking all active participants in the business, thus placing the business an ideal target for an extremely rare acquisition opportunity.
Other Information
Quoted net income is a pro forma forecast based off of YTD June 16, 2017 gross revenue of $2.4MM & Adjusted EBITDA of $1MM.
NDA is required for comprehensive 25 page Confidential Information Memorandum crafted by ProNova Partners.