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Rapidly Growing Tech Enabled Subscription Business For Sale



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- Profitable Toronto based Tech-enabled Subscription based Service Business

- Revenue of $1.05M and Normalized seller discretionary earnings of $177K in YE June 2022

- Business is rapidly growing and as per the seller current year revenues and earnings are expected to surpass previous years

- Company offers a Mobile App based service solution integrated with physical locations and a subscription based revenue approach. Moreover, operations have been standardized to eliminate redundancy and drive consumer centric experience in a highly fragmented market

- Highly predictable Subscription revenue - Only one of its kind business to generate 75% of revenue through prepaid subscriptions and B2B contracts

- Has Contracts in place with some Fortune 500 companies

- Very stable management structure in place - good investment for passive investors ( Current owner spends less than 10% of his weekly time on this business)

- Huge potential to grow by leveraging the current scalable tech platform - can be monetized easily by adding locations and partnerships

- Current locations are profitable and have a template-based solution for expanding to new facilities and growing the business rapidly

- Owner wants to sell and focus on his other business/investments

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