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Smart Parking & Display Screens Company for Sale in Visakhapatnam, India

For Sale: Firm offering smart parking integration services and VMS display assembly and installation services.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 2.6 thousand
Run Rate Sales USD 15 thousand
EBITDA Margin 16 %
Industries Display Screens + 1 more
Locations  Visakhapatnam
Local Time 3:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 260 thousand (Native Currency: INR 20,000,000)
Reason: The business requires capital to grow and generate revenue from its flagship smart parking managemen... View More
Includes physical assets worth USD 32 thousand
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Business Overview

- Offer smart parking integration services and VMS display assembly and installation services.

- Have built an enterprise software solution for smart parking activity management.

- Our software is compliant with the Delhi Parking Policy.

- The product has been tested and is being evaluated by the Governments of Maharashtra and West Bengal.

- It is also being evaluated by PwC for an INR 9 cr. smart city project planned in Mumbai.

- As of now, we have not generated revenue from this vertical yet.

- We are also engaged in the assembly of Variable Message Sign (VMS) display systems.

- At present we have only domestic clients but since the products are universally deployable, the acquirer can choose to find clients internationally.

- We also provide installation services for CCTVs but the revenue contribution from this vertical is negligible.

Products & Services Overview

Smart parking management system, universal VMS display manufacturing unit, installation of CCTV cameras and surveillance systems.

Assets Overview

R&D, software & technology, readily deployable products, product certifications, computers and servers, inventory and production equipment.

Facilities Overview

1,000 sq. ft. of leased office space which also serves as the assembling unit.

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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