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Automotive Tech Startup / Platform For Sale

Toronto, Ontario, Canada
Asking Price:
$1,000,000 (CAD)
Sales Revenue:
On request
Cash Flow:
On request

Opportunity to acquire an early-stage automotive technology platform built around a simple but potentially disruptive concept:

Instead of customers negotiating with dealerships, dealerships compete for the customer.

The platform is designed to change the traditional vehicle-buying process by allowing consumers to submit what they’re looking for and giving participating dealers the opportunity to compete for their business.

IMPORTANT: This is currently a pre-revenue opportunity and does not generate income. This is not being sold based on existing cash flow or profitability.

It’s being sold based on the technology, concept, brand, business model, development completed to date, and potential opportunity for someone with the time, resources and capital to take it to the next level.

The potential business model can include:

  • Dealer subscriptions
  • Transaction/success fees
  • New and used vehicle purchases
  • Trade-in opportunities
  • Financing & insurance
  • Dealer lead generation
  • Automotive data
  • Expansion across Canada, the U.S. and beyond

The automotive industry represents hundreds of billions of dollars in annual transactions, yet much of the buying process remains outdated.

The right person or company could potentially build this into a major automotive marketplace.

Why sell?

Simple: time.

This opportunity needs someone who can dedicate themselves to building it, signing dealerships, developing the technology and aggressively marketing it.

There are no guarantees of revenue, profitability or future valuation, but with the right execution, the potential market is enormous.

Ideal for an entrepreneur, automotive dealer group, software company, investor, or development team looking for an opportunity to build something significant in the automotive space.

Serious inquiries only. NDA required before confidential information is disclosed.

Property Information

Location:

Toronto

Premises Details:

Saas

Business Operation

Expansion Potential:

The world is yours

Competition / Market:

None

Reasons for selling:

No time

Trading hours:

24/7

Employees:
1
Years established:
3

Other Information

Financing available:

No

Home based:
This business can be run from home
Relocatable:
This business can be relocated