Technology-Led Group Passenger Transport Company Investment Opportunity in Sydney, Australia
Online platform providing bus charter services through over 500 vendors across Australia.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 5.9 million |
| Run Rate Sales | USD 13 million |
| EBITDA Margin | 8 % |
| Industries | Charter Bus + 1 more |
| Locations | Sydney + 1 more |
| Local Time | 3:10 PM Australia / Darwin |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
2.86 million
for
49.0%
stake
(Native Currency: AUD 4,000,000)
Reason: Accelerate growth, build a sales team, increase cash flow, develop our software.
Includes physical assets worth
USD
143 thousand
Interested in connecting with advisors
Documents
Business Overview
- We are an online platform that provides bus charter services to clients. We have been in operation for almost 4 years.
- Company does not own any buses but has tied up with over 500 vendors across Australia to provide the services.
- The system works on a tender basis where clients book their requirements and vendors can quote their prices, with the lowest price winning.
- Quotations from vendors on our platform are currently running at over AUD 2 million a month in value coming from 2,000 to 3,000 individual quotes.
- We have grown rapidly and have taken on numerous contracts which has allowed us to grow at a very high rate compared to previous years.
- Growth has mainly only been driven by telesales and we have no sales force in Australia.
- We have contracts with Qatar Airways (three years), Scape and the Mt Buller Government (five years plus two plus two) and are currently involved with a dozen tenders.
- Company's physical assets include workstations and computers.
- Company does not own any buses but has tied up with over 500 vendors across Australia to provide the services.
- The system works on a tender basis where clients book their requirements and vendors can quote their prices, with the lowest price winning.
- Quotations from vendors on our platform are currently running at over AUD 2 million a month in value coming from 2,000 to 3,000 individual quotes.
- We have grown rapidly and have taken on numerous contracts which has allowed us to grow at a very high rate compared to previous years.
- Growth has mainly only been driven by telesales and we have no sales force in Australia.
- We have contracts with Qatar Airways (three years), Scape and the Mt Buller Government (five years plus two plus two) and are currently involved with a dozen tenders.
- Company's physical assets include workstations and computers.
Products & Services Overview
Online platform allowing for supply of group transport, Bespoke transport software solutions, Event transport management, Transport contract management. These services are provided by our vendors and we do not maintain our own staff to fulfill them.
Facilities Overview
Call center and development team in Thailand. Services offices in Sydney and Melbourne.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Ecommerce - Transportation, Gurugram, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Business Consultancy, Sydney, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysAssociate Broker, Florida City, Business Broker connected with the Business
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