Us Niched Payments System Needs Partner To Expand
Location Florida,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $3000000
Net Profit / Cash Flow $1250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 10 - 19
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Expansion.
Description Unique niched payments system that provides the first efficient, centralized, neutral, online worldwide freight payment system for its industry. Its product allows Shippers, Carriers and Freight Brokers to settle accounts rapidly and reliably within a standardized, secure platform. It requires no capital expenditures and is straightforward to implement. It is a complementary tool to existing legacy systems, and does not replace them. The business is also designed to add a significant innovation to its industry -- allowing Shippers to establish third-party credit terms for freight. To fullfil their expansion to Asia they are looking for a funding partner.
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