For sale is a fast growing software subscription business in the tourism rental telecommunication space.
Launched in 2014, this business has successfully differentiated itself from competitors by providing an affordable, high-speed pocket Wi-Fi for tourists visiting Japan. With free shipping, unlimited data, extensive customer support, and an effective pre-paid pricing model, the business has helped thousands of travelers stay connected while abroad.
With six consecutive years of exponential tourism growth, Japan offers access to tens of millions of tourists each year. As the host of the 2019 Rugby World Cup and 2020 Summer Olympics, Japan stands poised to see a record number of foreign visitors over the coming years, presenting a lucrative target market for a new owner to tap into.
Over the years, the owner has built up invaluable supplier relationships, providing access to industry-leading technology at below-market prices. In turn, this has helped fuel rapid growth, with revenues reaching a c.107% CAGR for the period 2015 to (e)2018 and allowing for plenty of cash flow to invest in growth.
This business presents a great opportunity for a new owner looking to take over an innovative business with proven market fit and plenty of unexplored growth opportunities at its disposal.
* Revenue and profit figures are annualized on a last six-month basis.
Sale Pending: No
First Seen: Wed, Oct 24th 2018
Last Updated: Tue, May 7th 2019