Hot Listing
Groundbreaking Tow Tech Software Platform
Business Description
The "Uber" for Towing!
This tech company has developed a state-of-the-art software logistics platform that is set to transform the roadside assistance industry. Drawing inspiration from the success of ride-hailing giants and powered by advanced software, this platform partners with leading motor clubs to connect stranded motorists with the nearest vetted tow-truck operator within a 5-to-10-mile radius. Both customers and partners receive real-time updates via the mobile app, available for both Android and iOS. As a result, stranded drivers experience reduced wait times, while tow truck operators benefit from lower fuel consumption and minimized idle time, optimizing efficiency for all parties involved.
Launched in 2021, this innovative SaaS-enabled marketplace is currently operating in 77 U.S. markets, with ambitious plans for expansion into over 300 prime markets, as well as future growth into Canada. Despite its relatively limited market penetration, this company has already achieved arrival times 68% faster than the industry average and boasts an impressive Net Promoter Score of 88. With a strong foundation in place, the business is well-positioned for substantial growth. The right buyer can capitalize on its existing infrastructure, cutting-edge technology, and strategic partnerships to accelerate success on a much larger scale.
This tech company is now available for sale to facilitate its next phase of growth under new ownership. A prospective buyer with the right resources and vision will have a unique opportunity to scale the business and drive increased profitability. Since the current owner is not involved in the day-to-day operations, the transition will be seamless, allowing the new owner to step in and focus on expanding the business with minimal disruption.
Interested in getting the CIM and owner's video interview? Simply fill out the form here on Biz Buy Sell to get our NDA emailed to you. After completing the NDA, you will receive an email with a link to the CIM and video (please allow 5 minutes for your NDA to be processed and the email containing the CIM to be sent). Don’t forget to check your spam or junk folder. If you still haven’t received an email, please contact us at info@sigmamergers.com.
Launched in 2021, this innovative SaaS-enabled marketplace is currently operating in 77 U.S. markets, with ambitious plans for expansion into over 300 prime markets, as well as future growth into Canada. Despite its relatively limited market penetration, this company has already achieved arrival times 68% faster than the industry average and boasts an impressive Net Promoter Score of 88. With a strong foundation in place, the business is well-positioned for substantial growth. The right buyer can capitalize on its existing infrastructure, cutting-edge technology, and strategic partnerships to accelerate success on a much larger scale.
This tech company is now available for sale to facilitate its next phase of growth under new ownership. A prospective buyer with the right resources and vision will have a unique opportunity to scale the business and drive increased profitability. Since the current owner is not involved in the day-to-day operations, the transition will be seamless, allowing the new owner to step in and focus on expanding the business with minimal disruption.
Interested in getting the CIM and owner's video interview? Simply fill out the form here on Biz Buy Sell to get our NDA emailed to you. After completing the NDA, you will receive an email with a link to the CIM and video (please allow 5 minutes for your NDA to be processed and the email containing the CIM to be sent). Don’t forget to check your spam or junk folder. If you still haven’t received an email, please contact us at info@sigmamergers.com.
About the Business
- Years in Operation
- 4
- Employees
- 10
- Facilities & Assets
- The business operates as a remote-first company. Most employees work from home. However, the business maintains a leased executive suite in McKinney, Texas. This month-to-month lease requires a 60-day notice for termination.
- Market Outlook / Competition
- This platform represents a progressive innovation in the roadside assistance industry, making it the first of its kind. It was meticulously designed to address the longstanding inefficiencies that have plagued the sector for years. Its strategic B2B partnerships with the leading motor clubs and numerous tow truck companies in the industry further cement its position as the dominant player in the market.
- Opportunities for Growth
- With over 300 untapped markets identified as prime opportunities for expansion, the company will need to invest in effective vendor recruitment strategies in order to capitalize on these sectors. Expanded market access would drive substantial revenue increases, leveraging the company’s industry-leading performance metrics, strong customer satisfaction scores, and scalable technology platform.
About the Sale
- Seller Motivation
- To facilitate growth under new leadership
- Transition Support
- The owner is not involved in the company's day-to-day operations, which makes the transition process particularly smooth for a new owner. Instead, the business is managed by a general manager.
Listing Info
- ID
- 2354089
- Listing Views
- 1720
Listing ID: 2354089 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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