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Award Winning Canadian Company For Your Portfolio
Location: Canada -> British Columbia
Industry: Business Services > Other Services

Business Summary

We are looking for investors for a lucrative Canadian company. (up to $15,000,000 CAD)

This Company is an Online Business (featured in the news by Microsoft, Huffington Post, Forbes)

1- Founded in 2013,
2- Company is a logical target to be acquired by Yelp, Google, Amazon, Priceline,
3- Five key founders with past success,
4- 25 staff and contractors,
5- US Patent Pending,
6- 2016 Tie 50 Top 50 Start-Up award amongst 2000 companies in 13 countries and a finalist,
7- 250,000 booking transactions made through companies platform already and counting,


1. Total Capital/Cash invested: About $3.3M CAD

2. Current additional Cash/Investment in the works (near term) = $800k-$1M ($15,000,000 for longer term)

3. Total Sweat Equity from other non founders: about $ 700k

4. Total Government funding: $1M to-date, another $600k in the next 6 month

5. Total hours in development, over 45k hours dev, and 10k+ QC

6. Current number of shares outstanding:

a. 308k Class A Pref voting

b. 1.82M Class A Common (reverse vesting)

c. 133k Class A Pref voting (reserved for sweat equity contractors)

Total Shares with options = 2.27M
Last round of financing = Class A Pref. Series 4 @ $10 CAD/share,

If you are interested, please feel free to contact me so I can explain the process, or let me know what would be the best time to call you.


Asking Price Range:  $250K - $500K
Gross Revenues:   $200,000
Cash Flow:   $200,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

Print Listing Id: 700273092
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale

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