Profitable Surveillance Devices Company for Sale in Kingston, Canada

- We are a start-up company based in Kingston, Ontario and have developed an advanced IOT Security Sensor and are providing security software to security and police departments.
- Company produces 80 units per month.
- We have only started to sell our products in the last quarter of the last year and have acquired more than 8 clients.
- Our clients are basically police agencies, oil companies and re-sellers.
- As part of our offering, we are providing a monitoring platform. We are in negotiations to sell and provide service & maintenance for new security device to police agencies.
- The market is represented by 18,000 police agencies in the United States and Canada. With avg of 2-unit sales per agency, which represents a total attainable market of CAD 90,000,000.
- We are also trying to break into the logistics industry with a cargo security sensor. The TAM is about CAD 150,000,000.
- Our reported sales is low because the product was only commercialized towards the end of the last year.
- Our physical assets include circuit boards, electronic components, stock, furniture.
- Other business assets are website, domain, software, client list.
- Promoter has over 29 years of experience in the electronics industry.