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Small RFID Systems Company Investment Opportunity in Arouca, Trinidad and Tobago

Exclusive Caribbean distributor of global lost property recovery system.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 27 thousand
EBITDA Margin Nil
Industries RFID Systems
Locations  Arouca
Local Time 6:50 AM America / Port of Spain
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 150 thousand for 45.0% stake (Native Currency: TTD 1,000,000)
Reason: Initial Stock purchase from the Company's HQs, Working Capital.
Interested to connect with advisors
Documents
Business Overview

- Distributor of a product which helps locate lost items, in Trinidad and Tobago.

- The product is a tag that you can attach to any item such as passports, cell phones, passports etc.

- Each tag has a unique code which is tied to the user's profile.

- If the item is found, a text message and an email is sent alerting the owner.

- Auto translation of finder's message will be available in over 60 languages.

- We have not yet started selling the product, but the contract has been signed with the manufacturer giving us rights to sell the product. Plan is to start sales by November, 2018.

- We plan to sell these products in Airport retail shops, tie up with insurance companies to help push this product, and through travel retail shops.

Products & Services Overview

Tag for bags, asset labels for cell phones, cameras, laptops, passports.

Facilities Overview

Rented office in Arouca having an area of 200 Sq Ft.

Capitalization Overview
Not Disclosed
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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.

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