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Payment Services Business for Sale in Mexico City, Mexico

For Sale: Profitable, diversified e-commerce/finance technology company and channel sales partner of 50+ companies.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 22 million
Run Rate Sales USD 7 million
EBITDA Margin 20 - 30 %
Industries Payment Services + 1 more
Locations  Mexico City
Local Time 10:09 PM America / Mexico City
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 21 million (Native Currency: MXN 350,000,000)
Reason: Promoter is looking to retire. Open to remain as an advisor for one fiscal quarter to ensure a smoot... View More
Includes physical assets worth USD 6 million
Interested to connect with advisors
Documents
Business Overview

- Successful diversified financial / technology company with proprietary technology platforms and payment processor that offer comprehensive channel sales and operations support to customers.

- Have 5 revenue streams.

1) A proprietary software platform for the sale and distribution of tickets and vouchers with the best promotional offers from cinemas, restaurants, theaters, concerts, entertainment centers, and events which contributes up to 40% of our revenue.

2) A loyalty & benefits program, requested by our customers to improve customer retention and generate repeat purchases. The program contributes up to 30% of our revenue.

3) A proprietary software platform for the administration and sale of tickets to events. The platform helps our clients increase ticket sales while remaining competitive.

4) An online payment processing system with one of the most competitive commission pricing strategies in the local market. This is a payment gateway that is integrated into several local e-commerce platforms.

5) An enterprise software platform to generate engagement and increase retention rates of the workforce. This is a newly launched vertical.

- Since its inception, the firm has realized 100% - 300% YoY revenue growth.

- Sold 15 million movie tickets in 2019 alone.

- Preferred channel sales partner of 50+ entertainment companies (B2B vertical)

- 500,000+ recurring B2C clients.

- Due to the pandemic, theatres have been shut down and events have been canceled which has severely impacted our ticketing business and led to a temporary revenue loss. This will reverse once the vaccine is released and the economy reopens.

- The business is based out of Mexico but has sales teams across Guatemala, Honduras, El Salvador, Costa Rica, Colombia, Puerto Rico, and Spain.

Products & Services Overview

Payment gateway and technology platform for the sale and distribution of digital products, loyalty & benefits program management, and a software platform for human resource engagement and management.

Assets Overview

Legal entity, website domains, the building, furniture, computer and networking equipment, vendor and client contracts, and proprietary technology platforms.

Facilities Overview

Owned corporate office with 4 floors and an enclosed roof garden. The facility has 6 parking spaces and is worth MXN 31 million.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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