TracIII Systems, LLC dba Fueltrac.us

This SaaS company is a subscription web based, niche market, application system. The Company cost effectively simplifies transaction reporting between its clientele in the fuel industry. The system communicates the transfer of financial reporting documents in a secure environment to all interested parties, while freeing subscribers from the increasing cost of supporting a specialized, in-house, reporting system of their own.

The global software as a service market size is expected to grow by 60.36 billion through 2023. The market’s growth momentum should accelerate during the forecast period because of the steady increase in year-over-year growth. This is a great opportunity to acquire a company in a rapidly growing industry.

 

INVESTMENT HIGHLIGHTS:
• Very little overhead
• Market is expected to increase significantly in the next few years.

GROWTH OPPORTUNITIES:
Management has identified the following opportunities for near term growth.

• Targeted Marketing: The Company currently has approximately 1300 subscribers, marketing to their target clients could significantly increase revenue.
• Additional Services: A new product has been launched by the Company that is positioned to simplify the niche process.

The owners do not have marketing backgrounds and feel this is an area that is lacking within the Company. They strongly believe any marketing efforts could significantly grow profits.