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GPS Devices Company Investment Opportunity in Surat, India

Company provides end-to-end GPS tracking solutions to 300+ clients seeks investment for US expansion.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 40 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 23 %
Industries GPS Devices
Locations  Surat
Local Time 10:26 PM America / Chicago
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 45.0% stake (Native Currency: INR 5,000,000)
Reason: - To expand the business in the US market, to improve our services. - US is a huge market with a lo... View More
Includes physical assets worth USD 24 thousand
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Business Overview

- 10-year old Surat-based company provides 360-degree GPS and camera solutions.

- We have delivered our GPS tracking solutions to more than 300 clients and our clients include govt entities, logistics companies, vehicle owners, individuals.

- Have a few government projects and are serving big companies like Adani, L&T in Surat and Ahmedabad.

- Have a SaaS-based software to offer intelligent camera features. Have exclusively partnered with a software company on a long term basis to develop software for us.

- Hardware for the GPS tracking device and camera are sourced from other manufacturers.

- We have a fixed recurring income each month for our services.

- Promoter is in the US for the past 8-9 months to work on the expansion of the business in US.

Products & Services Overview

Fuel monitoring system, vehicle camera solution, vehicle tracking software, smart cameras, GPS tracking devices to track individuals, vehicles, pets, employees.

Assets Overview

More than 10 computers, office chairs, tables, desks, printers, GPS devices, software, website.

Facilities Overview

Promoter owned 320 sq ft office space in a prime location of Surat near Ghod Dod road. For our future expansion, we have a space of approx 2,500 sq ft under our office in the same building where our office is present. 30-40% of the overall building is owned by the promoter.

Capitalization Overview
Not Disclosed
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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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