Regional Low-Speed Micromobility Platform

Business Overview:

The company specializes in on-demand clean urban mobility solutions, focusing on efficient last-mile connections to mass transit and parking facilities. Their micromobility services outperform traditional transportation platforms in efficiency and cost-effectiveness across both urban and rural environments.
Strong growth trajectory, with expected revenues of $1.4 million in 2025 and $3 million in 2026. Further market penetration in surrounding areas presents opportunities for accelerated growth.

The business model demonstrates scalability through strategic equipment provider partnerships and flexible lease-to-own arrangements. A key competitive advantage lies in their comprehensive data collection capabilities, which capture real-time information on ridership demographics, utilization patterns, geographic heat maps, and trip purposes. This robust data infrastructure has enabled the development of an industry-leading passenger demographics dashboard, enhancing service offerings, operational efficiency, and maintaining their competitive edge in the market.

The Seller would like to stay on and find a strategic partner, specifically someone with capital, experience in RFP, or resources & experience in the micromobility space. Business location and name will be shared once a qualified Buyer prospect is vetted.

NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

Facilities: Beautiful 4,000 sf property consisting of one main office, an employee/driver lounge, and a parking lot. The Seller has added security lights, cameras, and installed charging stations since taking over the property.

Market Competition and Expansion:

Competition: The industry's competitive environment features both established entities and emerging opportunities. While competitors primarily target coastal states, a significant opportunity exists to dominate the Texas market and expand into additional untapped regions.

The Company maintains its competitive advantage through superior service quality, a standard they pioneered within the industry. Despite competitors' access to substantial capital funding, the Company leverages its deep understanding of the Texas market, though this regional focus presents challenges for capital raising activities.

Growth & Expansion: The company distinguishes itself through superior service, promptly addressing client concerns, and providing access to a comprehensive dashboard that delivers significant value. Their implementation of telematics and dashcams has proven remarkably effective, resulting in the elimination of claims payments over the past three years. Operational excellence is further supported by their mobile app and dashboard, which provide critical insights enabling optimal fleet management and enhanced operational efficiencies.To capitalize on forthcoming opportunities and drive business expansion and profitability, strategic investment in sales support resources and the retention of RFP writers is recommended.

Reason for Selling:

The Seller would like to stay on and find a strategic partner, specifically someone with capital, experience in RFP, or resources & experience in the micromobility space.

Additional Details:

Documents:

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