Icon-facebook-2 Icon-instagram-1 Linkedin Icon-youtube

Proven Logistics SAAS Provider

Back to Listings
Complete NDA for Full Overview

Price: $11,900,000

Annual Revenue: $2,910,000

Minimum Equity Required: $4,000,000

SDE: $1,830,000

Location: Canada

Industry: Services, All Others

Listing ID: 1343

Listing Status: New

Description

Small but mighty, this 10+ year old logistics (route optimization) focused value added software reseller, along with its own specialized IP, has proven to deliver meaningful value, guaranteed. There is a specific customer promise that supports this, which has lead to 100% customer retention over the past decade.

This is an ideal opportunity for a sales focused organization, as the growth the company has achieved has been created by just one sales person, the owner, who would be willing to stay on in a sales and support role for up to 2 years. Reason for sale is desire to spend more time with family.

ARR is supported by 3, 4, and 5 year contracts with zero turnover in past 10 years.

Top 3 areas of opportunity include:
- Integration of industry experts to build out a plan to scale.
- Industrial Engineer to work with company as a consultant.
- Strengthen sales and operation bench, as 1 person can only grow so fast.

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Fiscal YE is August 31

2023 Revenues were $2.91M with SDE of $1.83M
2022 Revenues were $2.46M with SDE of $1.03M
2021 Revenues were $1.9M with SDE of $774k

The company's YOY growth has been achieved with the support of just 1 sales person and leader (owner).

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** Our expectations are for a minimum 30% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Real Estate

The company operates from virtual office as well as temporary office solutions on an as needed basis. A strong company culture supports its work from home staff, while customers enjoy in-person on premise install and training support.

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
Share with the world

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2024 Gateway Business Brokers Group. All Rights Reserved.

Icon-facebook-2 Icon-instagram-1 Linkedin Icon-youtube
Scroll to Top