GPS Devices Business Investment Opportunity in Visakhapatnam, India

Distributor of CCTVs and GPS devices, seeking working capital to meet demand.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 400 thousand
EBITDA Margin
35 %
Industries
Locations
Local Time
7:19 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 66 thousand for 10.0% stake (Native Currency: INR 5,000,000)
Reason: The funds will be used as working capital to acquire inventory.
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- Distribute GPS devices and CCTVs.

- Primarily cater to the B2C segment.

- Currently sell around 10 models (both CCTVs and GPS devices) from 2 brands.

- The products are acquired directly from the manufacturer.

- Sell around 1,500+ GPS products and 500+ CCTVs each month.

- We have 100+ sales partners across the country.

- These partners are paid a fixed base salary and an incentive for every product sold over a threshold figure.

- Are in advanced stages of talks with the Honda Automotive group to supply GPS devices for their vehicles.

- Have received verbal confirmation for the contract but we are yet to sign a definitive agreement.

- Physical assets include inventory.

Products & Services Overview

Distribution of GPS devices and CCTVs.

Facilities Overview
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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.
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