- CEO
- Irina Veselinovic
- Full Time Employees
- 4
- Sector
- Consumer Cyclical
- Industry
- Leisure
- Address
- 500 Australian Avenue West Palm Beach FL United States of America 33401
- IPO Date
- Feb 1, 1995
- Business
- SportsQuest, Inc. (SPQS) operates as a sports and entertainment hospitality company focused on franchise consulting services and lead generation in the United States. The company maintains a web portal at ieFranchise.com that connects potential franchise buyers with over 350 franchisors, offering brokerage services, advertising opportunities for franchisors, and consulting for franchise professionals; it generates revenue through success-based commissions averaging at least $20,000 per franchise sale, lead generation fees ranging from $5,500 to $15,000 monthly, and ancillary advisory services. Founded in 1986 and headquartered at 500 S. Australian Avenue, Suite 600, West Palm Beach, Florida, SportsQuest targets franchisors lacking sales resources and prospective franchisees seeking turnkey solutions via its customizable, CRM-integrated platform. In recent strategic developments, SportsQuest redomiciles to Wyoming in early 2025 to optimize its corporate structure, files Form 10 with the SEC to become a fully reporting issuer, and advances a potential control block takeover by a Taiwanese software and cloud storage firm alongside amalgamation with a Canada-based eBike manufacturer, distributor, and franchisor featuring assembly in Vancouver and fulfillment in Miami. The company explores cryptocurrency token development backed by eBike assets for an initial coin offering, eliminates legacy debt through anticipated new capital, and considers a name and symbol change pending the takeover completion targeted for first quarter 2025 into early second quarter. These initiatives build on prior moves like the 2021 acquisition of Magnum Innovations for energy solutions, now repudiated, shifting emphasis to electric mobility expansion and franchise network scaling.