For sale is a reputable content business in the lucrative transportation technology niche.
Launched in 2016, the business has become an authority in the electronic logging device (ELD) industry, thanks to the site's early presence within the space. With dozens of detailed product reviews and a focus on user education, the site has steadily climbed in popularity to become one of the most trusted sources of information within this rapidly-growing niche.
First introduced in 2015 by the US Department Of Transportation, the ELD Mandate requires that professional drivers within the USA utilize an ELD. With 3.5 million truckers in the USA and Canada recently introducing a similar mandate, ELD Ratings has secured numerous first-mover advantages in this nascent industry
The business itself is monetized via several lucrative advertising and referral agreements with more than a dozen partners. With attractive payment terms and high payouts, the business has scaled at a remarkable rate reaching a c.117.9% CAGR over 2017 to (e)2019 while generating plenty of cash flows to invest in growth.
This business presents a great acquisition opportunity for a new owner looking to take over a reputable and well-built content business. With multiple first mover advantages, a vast content library, and many unexplored growth opportunities, the business is primed for growth.
Sale Pending: No
First Seen: Thu, Jul 25th 2019
Last Updated: Mon, Jan 20th 2020