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Equity Placement: Fleet Management Tracking Systems
Location British Columbia,Canada
Asking Price Range $5.0M - $10.0M
Gross Revenues $12000000
Net Profit / Cash Flow $1000000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2008
Number of Employees 10 - 19
Inventory N/A
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training N/A
Reason for Sale Seeking equity to expand sales and grow; Will be strong take-over target in 1-3 years.
Description - This Canada based manufacturer is seeking a capital injection of CAD $6M, having already secured $6M, to quickly capture its unique niche market within the golf fleet management industry and enter an explosive growth phase,
- This revolutionary technology involves hardware and software for fleet management by utilizing GPS and cellular and was introduced in 2010 to North America and the EU with excellent results,
- Initially targeting the golf course industry, plans are in place to enter several other markets with its unique industry leading pending patents and technology, including web based applications providing a versatile interface to track real time data,
- Recent worldwide distribution agreements have been signed with prestigious distributors, and major industrial manufacturers have expressed serious interest in licensing the technology for use on their own global brands,
- This company is staffed with a high quality core team of management professionals, engineers and software developers with extensive experience in wireless fleet management solutions,
- Their unique business model is poised to expand very rapidly by leveraging substantial operational savings for the golf industry and other fleet operators,
- Additional revenue generation streams will be added by integrating media and advertising to the current industry leading generation of products,
For more detailed information, please contact Chris Kassardjian at:
+1 778 240 1255
Click Here To Contact Seller
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