Technology-Led Group Passenger Transport Company Investment Opportunity in Sydney, Australia

Online platform providing bus charter services through over 500 vendors across Australia.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 12 million
EBITDA Margin
8 %
Industries
Charter Bus + 1 more
Locations
Local Time
9:51 PM Australia
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 2.7 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 140 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
One Pager
ASIC
ABN
Business Overview

- We are an online platform that provides bus charter services to clients.

- 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, Scape and the Mt Buller Government 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.

Facilities Overview
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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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