Listing #: 138-00047
Category: Internet/E-Commerce
  • Listed Price $ 0
  • Down Payment $ 0
  • Gross Sales $ 298,000
  • Total Income $ 0
  • Equipment/Fixtures$ 10,000
  • General Location Los Angeles
For more information contact:
Brian Loring
Office: (818) 973-2755
Cell: (818) 451-7455
Office Website

Fleet Management Software

Founded in 1996, this fleet management company offers GPS vehicle tracking and wireless Internet communications solutions for many transportation industries. Its customer base is spread throughout the US among trucking, ambulance, towing, bus, van and courier companies. The firm is perfectly positioned to capitalize on a huge wave of new demand which will be prompted by new government regulations. The Federal Motor Car Safety Administration, beginning in December 2017, is requiring hundreds of thousands of carriers to install electronic logging devices on their vehicles. These devices synchronize with the engine and track driving times of the vehicle, replacing the paper logging system still in use. The company’s latest tablet product is one of the few on the market today which already meets the government Electronic Logging Device requirements while also providing real-time tracking, two-way communications and vehicle inspection information.  Company products are targeted exclusively to the commercial and business marketplace, not consumers. The company currently has more than 400 customers throughout the U.S. with more than 1,200 systems in place. It is headquartered in Los Angeles County in an approximately 1,200 square foot office space. They currently lease on a month-to-month basis at $1,494 per month. The office includes the server room which supports all communications and technical operations.

Financial Information

  • Gross Sales:$298,000
  • Total Income: $0
  • Listed Price:$0
  • Down Payment $0

Financing:

Assets & Lease Information

  • Inventory: $0
  • Leasehold Improvements: $
  • Equipment/ Fixtures: $10,000
  • Base Rent: $1,494
  • Total Rent: $1,494
  • Rent Deposit: $0
  • Year Established: 1996
  • Square Feet: 1,200
  • Lease Ends: 12/2017
  • Lease Options: Month-to-Month Tenancy
  • Categories: Internet/E-Commerce
  • Other Assets:

Additional Information

  • Full-Time Employees:5
  • Part-Time Employees: 3
  • Contract Staff: 0
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  • Training Period: 2-4 Weeks
  • Special License Required: None
  • Reason for Selling: Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.