GPS Devices Business Investment Opportunity in Visakhapatnam, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 360 thousand |
Run Rate Sales | USD 360 thousand |
EBITDA Margin | 35 % |
Industries | Surveillance Devices + 1 more |
Locations | Visakhapatnam |
Local Time | 10:56 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- 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.
Distribution of GPS devices and CCTVs.
- 4,000 sq. ft. of leased corporate office space. Monthly lease rent of INR 1.1 lakh.
- 1,000 sq. ft. of promoter owned warehousing space.
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Earlier than 15 daysCEO, IT Services, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysHead, IT, Visakhapatnam, Individual Investor / Buyer connected with the Business