Marketplace

listed by broker
Mobility tech
Founded in
2019
Desired valuation:
Open to offers
Description
We design and install e-scooter and bike sharing operations in medium-sized UK cities. We have won contacts that have extended multiple times and are now in a great position to scale across the rest of the market considering the highly anticipated legalisation of micromobility.
Featured metrics
Customer growth, EBITDA, Revenues
Selling details
Type of shares
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Reason for selling
Timing is right considering market movements (i.e. natural market consolidation)
Preferred acquirer
Strategic buyer with parallel interests e.g. an indirect or direct competitor. Alternatively, a PE firm or acquisition entrepreneur.
Aspirations & growth opportunities
As of this week, they have announced the legalisation of e-scooters in the UK considering the overwhelming demand for micromobility solutions. Therefore, our app based vehicle sharing marketplace is in a strong position to scale into the remaining 80% of cities and towns that currently do not have an e-scooter sharing scheme.
Business details
Business model
Pay as you go revenues as well as subscriptions for regular customers that use the scooters daily or weekly
Customers
75 K (21 to 29 year olds who are eco, cost and time conscious)
Competition
Tier, Voi and Lime
Operational details
Technology stack
Python and others
Marketing spend
$ 45 K (Physical presence of actively available scooters on the street is the main channel but Instagram can support this.)
Performance tracking tools
Stripe
Financial details
Ownership structure
51 to Founder/ CEO
Last month's revenue
$ 67 K
Last month's profit
$ 4 K
Financial records
Annual P&L summary reports, Online reporting software/tools
Metrics
TTM revenue
$ 756 K
TTM net profit
$ 38 K
Based in
EMEA
Team members
26-40
Acquisition type
Full
Desired valuation
Open to offers
Message Owner
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Message Broker
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