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Profitable GPS Devices Business Investment Opportunity in Mysore, India

Mysore based business manufacturing tracking chips for Jewellary seeking Investment.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 22 thousand
EBITDA Margin 60 %
Industries RFID Systems + 1 more
Locations  Mysore
Local Time 9:12 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 100 thousand for 49.0% stake (Native Currency: INR 8,000,000)
Reason: Have already invested over Rs. 16 lakh and looking for further investments.
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- Our company has been running on commercial tax basis since 2011 but have now incorporated as LLC.

- We manufacture chips that can be installed in Jewellery and give extra safety from theft.

- We have a Digital Signature from International Research Center, Houston, USA and also registered a patent.

- Will be targeting major jewellary companies like Tanishq, Adams, Gili, etc.

- Complete designing will be done by us and manufacturing of this chip will be in Taiwan.

- Have received great feedback from police, market and other bodies for this project.

- Business has huge potential to grow and have no competitor so far.

Products & Services Overview

Tracking chips for Jewellery.

Facilities Overview

On leased.

Capitalization Overview
Not Disclosed
Recent Activity
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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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