Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Allstate Insurance Company - New York Franchise Opportunity

Allstate Insurance Company - Southeast Franchise Opportunity

BlueGrace Logistics Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

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,

Financial:

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.


Financials

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
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Advertising and Marketing  >  Architecture and Interior Design  >  Commercial Cleaning  >  Construction  >  Equipment Rental and Leasing  >  Financial  >  Graphic Design  >  House and Garden Maintenance  >  Laundry  >  Locksmiths  >  Pet Care  >  Postal and Messenger Services  >  Printing Service  >  Security and Protection Services  >  Staffing  >  Towing  >  Transportation - Airplane, Taxi, and Limousine  >  Waste Services  >  Other Services  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700273092
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.