Tech Company For K-12 Bus Transportation

Business Overview:

SellerForce® presents a proprietary technology company that offers parents and guardians something truly invaluable: the peace of mind in knowing that the child has made it safely to and from school. For a small monthly fee, clients have access to the brand’s proprietary service, which consists of several solutions (a web portal, 3 mobile applications, log server access and different gadgets) that interconnect in real time with each other and work together to deliver an extraordinary experience.

With the service, parents and guardians can check the bus position in real-time, see the estimated time of arrival, contact the operator or school to inform about any issue, receive messages from them, see the stops assigned to their children and set personalized alerts about the route of their children, for a much higher comfort and safety.

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Property Features and Assets:

Their service is currently sold to two different demographics: schools and school transport operators. They have two key clients that make up most of their sales, consisting of large transport operators managing close to 300 schools in Europe, as well as two smaller clients. Their MRR per client falls between 270 and 8,500 euros, and their clients typically stay with the brand for at least one year, renewing after.

The brand has low operational expenses, while having a highly scalable platform. Their technology is such that it can theoretically be integrated into any school transportation company in the world, giving them fantastic potential to operate globally. They could also build a dedicated sales team and continue expanding to new transportation companies within Europe, market to other transportation markets such as corporate transportation or day care centers, or white label the service for other commercial agreements.

Market Competition and Expansion:

The buyer could consider different monetization efforts for their services, as the billing is currently done per user. They could switch to having transportation companies pay for the users, having the parents pay, or a mixture of both, depending on what the buyer feels is best for the business.

This acquisition is a great fit for a driven buyer, and as the current owner will provide detail training, support and consultation, the buyer will be able to more quickly hop into the driver’s seat to start growing the business.

If you’re interested in learning more, then contact SellerForce for more information from our brokers today.

Listing ID: SF277

Additional Details:

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