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Available for acquisition is a travel tech company established in 2019 that offers geolocation-based audio storytelling for rail passengers. The business was founded to bridge the gap between travel and storytelling – creating a home for compelling, timely and mindful content en route.
Clients are B2B, typically rail operators and the guides are currently free for end users. Revenue is generated from guide creation, licensing and support. Operating profit with 50% margin on new guide builds.
o Unique proposition in geolocation-based storytelling, with no direct competitors
o Proprietary technology and guide content
o Software suite tailored to bespoke audio story creation, editing and interviewing needs
o Established in rail sector and strong UK client base
o Scalability potential with upcoming products and transport verticals
o Expansion into international rail markets and other transport modes is possible with minimal additional CapEx
o Captive audience and high dwell time three hours average journey on UK leisure routes
o Major contract valued at £100,000 is progressing
o Institutional connections that can be leveraged
o Business and is currently UK based but can be operated anywhere
Owners will provide training and transition support. One of the founders (currently acting COO) is available in an advisory capacity.
Owners are seeking an acquirer to buy and grow the business and leverage synergies with
rail, travel tech or tourism sectors. With multiple audio guides already developed for adults and children, as well as a client-funded web app currently in development, the company is at an optimal moment for scaling its impact and commercial potential.
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