Payment Services Company Seeking Loan in Edmonton, Canada
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | USD 60 thousand |
EBITDA Margin | 24 % |
Industries | Industrial Machinery + 1 more |
Locations | Edmonton |
Local Time | 5:24 AM America / Chicago |
Listed By | Business Owner / Director |
Status | Active |
- We are a registered money service business in Canada that offers money transfer services to individual customers.
- We are registered with FINTRAC in Canada to offer our services.
- Business was started just 4 months ago.
- We help people to transfer money to other individuals in different countries.
- Have more than 150 clients who use our services to transfer money and our clients are mainly African descendants.
- We anticipate covering more clients and regions soon.
- We generate revenue by charging a commission on the money transfer.
- Business we plan to buy is doing CAD 7 mill annually with 30% EBITDA and has physical assets valued at CAD 5 mill.
- This is a very lucrative multi-stream business with different revenue models and has steady cash flow so we would like to acquire this business.
- That business makes CAD 700K per year on Air B&B bookings alone and has 38 rooms.
- Major clients of the business are the government entities.
- We would put our own money to acquire the business depending on how much fund we receive from the investors.
- We offer money transfer services to individuals.
- Business we plan to acquire is into airport maintenance, construction, equipment rental, interior designing, Airbnb rental.
- Usual office set-up which includes around 10 computers, office desk, chairs, sofas and office supplies.
- Business we plan to acquire has physical assets like land, machinery, equipment, tools.
Have a rented office space in Edmonton, Alberta.
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Earlier than 15 daysFounder And CEO, Toronto, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Information Technology, Ahmedabad, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Kansas City, Business Broker connected with the Business