Licensing Services Company

Status
Sold
Close Date
Executive Summary

This Company provides licensing services to Auto Dealers, Leasing Companies, Financial Institutions and Individuals.   In support of customer requirements for complying with state and municipal codes, the company offers a full suite of licensing services that includes a streamlined application process, ongoing state required compliance guidance and coaching, State approved physical address, State required phone and reception services, bonding and insurance referral services and title services.   

 

Sales are generated through the company’s web-site and growing reputation within the industry for providing the highest quality services to a rapidly growing, diverse customer base.   Operating in a niche market with a considerable base of new untapped potential customers, the company sees double digit growth continuing as current market share is very small.  A significant opportunity exists in bundling other services like transport licensing as core services.

 

This opportunity is expected to be an excellent opportunity for a strategic buyer with complimentary services looking to add capabilities or as an add-on as a geographical fit. 

Financial Information
Financial Metrics
12/31/2017 12/31/2016 12/31/2015
$1,312,640 $965,321 $489,555
$609,879 $415,318 $133,296
EBITDAS: Earnings Before Interest, Taxes, Depreciation, Amortization and Owners Salary.
Deal Structure
Price
Open to Offer
Other Information
Location
Indiana
Ownership Type
S Corporation
Established
2010
Employees

7