↩ Go Back
Need help?

Consumer Electronics Company Investment Opportunity in Pretoria, South Africa

Electronic engineering company with products for the lighting sector seeks funding to start manufacturing.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity S Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electronics Manufacturing + 1 more
Locations  Pretoria + 1 more
Local Time 2:59 AM Africa / Johannesburg
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 100 thousand for 10.0% stake (Native Currency: ZAR 1,900,000)
Reason: We have received USD 1.2 million of funding to date, and require more funds for: - Finalizing manuf... View More
Includes physical assets worth USD 800 thousand
Interested to connect with advisors
Documents
Business Overview

- Newly established South African company that was researching for 4 years and will now manufacture, retail, and wholesale products in the lighting sector.

- We are a skunkworks for electronic engineering products in the LED, laser, and lighting sectors with unique and unrivaled products.

- We have custom-designed electronic hardware products for the lighting sector.

- Have a complete manufacturing and assembly set up in China.

- Products with global retail potential.

- Our first product will be one of the most advanced LED flashlights in the world.

- The flashlight will be launched later this year in the United States of America.

- Initial launch will be through brick and mortar stores like BestBuy, Walmart, and Amazon.

- After the retail launch we plan to conduct B2B sales to market segments like emergency services, police, fire departments, and the mining sector.

- We have already received contracts for manufacturing and expect sales of ZAR 4.5 million.

- Highly qualified and experienced team.

- Company has been incorporated in Ohio (USA) as well for the retail launch of our flashlight.

- The owner is based in South Africa.

Products & Services Overview

Design custom electronic hardware in the lighting sector. The company will launch a flashlight in the last quarter of this year in the U. S. A.

The flashlight has a brightness of 40,000+ lumens and lasts for 170 hours. After its launch, it will be one of the most advanced and long-lasting LED flashlights in the world.

Additional product launches are planned for the coming years.

Assets Overview

IP for all products, patents, and manufacturing moulds, designs, and assembly lines, prototype of products, high end computers.

4 years of engineering time and full scope of the final range of products.

Facilities Overview

Our offices are situated at Limeroc Business Park in Pretoria. The South African offices are comprised of the engineering team, finance, administration, and management.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, IT, Chicago, Corporate Investor / Buyer connected with the Business
  • Earlier than 15 days
    Managing Director, Johannesburg, Business Broker connected with the Business
  • Earlier than 15 days
    Principal, Atlanta, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more