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Provider Of Asset Tracking, Communications, And Iot Capabilities For Sale

UK
Asking Price:
Undisclosed
Turnover:
£1M - £5M
Net Profit:
Undisclosed

The company’s core products and services include vehicle and asset tracking, digital radio solutions, and body worn cameras.
The business has developed its own platform, which allows users to track vehicles and assets in real time using a computer, tablet, or phone.
Predominantly operating in the aviation, construction, and infrastructure industries, the company has become a leading supplier of business
communications, having developed long-standing relationships with blue-chip firms due to its excellent standards of service. Our clients are now offering the business for sale to facilitate lifestyle changes.

FINANCIAL HIGHLIGHTS
YE23 turnover in excess of £2.3m.
EBITDA of circa £561k achieved within the same year.
Average gross profit margin of 59% between YE21 and YE23.
Management figures indicate a turnover of £2.4m in YE24.
Turnover expected to reach £2.8m in YE25.
EBITDA to reach circa £660k by YE25.
Software industry revenue is expected to grow at a compound annual rate of 3.5% to reach £49.1bn
KEY HIGHLIGHTS
Has worked with over 460 clients in the past operating year, 85% of which provide reliable streams of ongoing revenue.
ISO 9001 accredited.
Embraces work of all sizes and complexities, undertaking a diverse range of requests and working with a variety of demands to produce exceptional results.
Bespoke SaaS platform offers a comprehensive range of features and works with an extensive variety of tracking devices.
Long-standing relationships with prestigious suppliers in place.
Proficient and highly knowledgeable employees in place, supported by a robust second-tier management team.
Operates from leasehold premises.
Offers invited.

Property Information

Property:

Leasehold