Business ID: XB158903
FY2024 Income to Working Owner of $367,000 Seeking Offers Over $950,000 Plus Stock
This thriving technology business specializes in delivering cutting-edge hardware and software solutions to the logistics and transport industries. The business offers hardware and software for Driver Fatigue Monitoring, Multi-channel DVR Camera System and tracking of assets. The systems are used in a broad range of local and imported trucks in the Australian market.
Business Highlights:
- The hardware and software systems enhance employee safety, improve operational efficiency, and ensure regulatory compliance.
- High Gross margins (averaging over 50%) from sales
- SaaS model generates ongoing recurrent revenue
- FY2024 revenue of $626,000 with a profit to the working owner of $367,000.
- Over $10,000/month in recurring income.
- Relationship with major dealerships
- Installations can be performed by contractors or the customer's technician
- Reliable performance with established groundwork for future growth.
- Owner willing to assist new owner with transition and growth.
The current owner, with multiple business interests, seeks to exit this venture, allowing a new owner to fully capitalize on the growing demand. He is committed to offering transition assistance over an agreed period.
Ideal Acquisition for an existing ICT Businesses:
This business presents an excellent opportunity for integration into an existing ICT operation seeking to acquire expertise and clients in the transport/logistic industry:
- Expand Service Offerings: Introduce new services to your existing client base.
- Cross-Selling & Up-Selling: Leverage opportunities to cross-sell and up-sell across both client bases.
Don't miss this opportunity to acquire a growing, profitable technology solutions business with a solid foundation and immense potential for future growth.
Asking Price: Seeking Offers Over $950,000 plus stock
Property Code: 4068
