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Businesses For Sale   >>   Other Technology - Internet Related Businesses For Sale

Small Starting Gps Tracking Business For Sale

Location  United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $500000
Net Profit / Cash Flow  $240000
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 local service fleet 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. 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 5/6/2014: Our GPS Platform has matured around the needs of small local service fleets, although it has a representative base of long-haul trucking companies. Billing 1,500+ devices installed in over 350 companies, the company's projected annual revenue for 2014 is $500K of which $350K will be recurrent revenue. Gross margin from recurrent revenue is 70%. Price of business is being adjusted as per these new conditions from $540K to $750K (1.5 Revenue). Price of business includes everything: software, hardware infrastructure, marketing system, sales system, contracts with vendors. UPDATE 5/9/2013: Development focused on features that provide intelligent insights to business owners. The company has 300 customers with 1000 devices installed. Annual revenue is projected at $360K of which recurrent revenue is $220K. Gross margin from recurrent revenue is 80%. Price of business is being adjusted from $360K to $540K (1.5 Revenue). UPDATE 10/28/2012: Development focused needs of small local fleets. Subscribers' base has grown 2.4 times since may/2012. Annual gross revenue doubled from $100K to $240K, and EBITDA has tripled, from $20K to $60K per year. 50% of revenue comes is recurrent. Gross Margin: 50%.


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