Profitable RFID Systems Company Investment Opportunity in Toronto, Canada
IT startup wants to raise funds for North America expansion with RFID system for hospitality.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 70 thousand |
| Run Rate Sales | USD 229 thousand |
| EBITDA Margin | 40 % |
| Industries | RFID Systems |
| Locations | Bangalore + 1 more |
| Local Time | 10:47 AM America / Toronto |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
500 thousand
for
30.0%
stake
(Native Currency: USD 500,000)
Reason: - Digital Marketing.
- Operational expenses (including salaries and travel)
- Participating in tra...
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Includes physical assets worth
USD
5 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- We find there is good opportunity in AirBNB and other hotel segment apart from warehousing.
- The company owns proprietary software & already executed projects in 8 countries with multiple customers. Agreement with channel sales partners in 10 countries.
- Company has developed an RFID application for hospitality, healthcare, logistics, and then for general asset & inventory tracking that is beneficial across all sectors.
- The company has a solid business network in Malaysia, UAE & Africa as most of its clients are from these regions.
- Have 35 clients at the moment.
- RFID is the most reliable solution for asset tracking, with a very huge market and opportunity for expansion.
- Team has over 20 years of industry experience.
- Key promoters will be based in Canada as well as India.
- The company wants to focus in hospitality segment with complete asset tracking solution for hotels, home stays, AirBnB and rental facilities.
- This is a very volumetric business opportunity globally.
- Company is projecting an average annual growth rate of 30%.
- The company owns proprietary software & already executed projects in 8 countries with multiple customers. Agreement with channel sales partners in 10 countries.
- Company has developed an RFID application for hospitality, healthcare, logistics, and then for general asset & inventory tracking that is beneficial across all sectors.
- The company has a solid business network in Malaysia, UAE & Africa as most of its clients are from these regions.
- Have 35 clients at the moment.
- RFID is the most reliable solution for asset tracking, with a very huge market and opportunity for expansion.
- Team has over 20 years of industry experience.
- Key promoters will be based in Canada as well as India.
- The company wants to focus in hospitality segment with complete asset tracking solution for hotels, home stays, AirBnB and rental facilities.
- This is a very volumetric business opportunity globally.
- Company is projecting an average annual growth rate of 30%.
Products & Services Overview
Currently:1. RFID asset tracking.
2. RFID laundry management & supply chain Management.
3. RFID Tire tracking for trucking & logistics companies.
New product:
Market first e-commerce platform for garments and laundry tracking.
The solution will be a global aggregator model which has huge potential.
Assets Overview
No additional or accountable assets except basic office furniture and set-up. Other assets are few RFID readers and devices.
Facilities Overview
- The incubation centre is located in Toronto Business Development Centre (TBDC)- We also have a rented office in Bangalore.
Capitalization Overview
Self-funded by the partners.No debts/loans currently.
The business is incorporated in Ontario and there is scope to re-structure the shares based on further discussion with investor.
Recent Activity
-
Earlier than 15 daysCMD, IT & Media, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysQA Consultant, Tyre Retail, Mississauga, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCompany, Bangalore, Financial Consultant connected with the Business
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