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RFID Systems Company Investment Opportunity in Toronto, Canada

Company offering RFID tracking solutions with 30+ clients inviting investors for re-establishment and global expansion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 95 thousand
Run Rate Sales USD 142 thousand
EBITDA Margin 30 %
Industries RFID Systems
Locations  Bangalore + 1 more
Local Time 1:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 178 thousand for 40.0% stake (Native Currency: INR 15,000,000)
Reason: Diluting the shares and looking for a working partner to leverage the existing opportunity along wit... View More
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Business Overview
- Established startup in the RFID systems industry with a diverse client base of 30+ customers across multiple sectors.
- Innovative product offerings include RFID tracking solutions for asset management in banking, healthcare, hospitality, and transportation.
- Experienced a temporary setback due to the COVID-19 pandemic, but showing a potential resurgence with renewed client inquiries.
- Targeting global expansion with a focus on North America while maintaining strongholds in MENA, Malaysia, and India.
- A lean team of 7 employees dedicated to restructuring and enhancing service offerings to adapt to current market demands.
- Currently in the process of registering as a corporate entity in India to facilitate local operations and market penetration and the company is already incorporated in Canada.
- The promoter is currently based in Bangalore, India.
Products & Services Overview
The business's top-selling services:
1) RFID asset tracking and real-time monitoring system - used by banks, IT & ITEs companies, and governments.
Ii) RFID hospitality & healthcare asset tracking - used by hotels & hospitals.
Iii) RFID laundry tracking - laundry rental companies, hotels, hospitals & accommodation sectors.
Iv) RFID tyre tracking - used by trucking companies to track their tyres.
V) RFID file & document tracking - used by governmental establishments & Universities.
Assets Overview
Has no tangible assets, except for a few devices and components.
Facilities Overview
Currently, we are working remotely, going forward will have space in business centres.
Operates mainly out of Bangalore, India.
Has a virtual office in Toronto, Canada.
Capitalization Overview
Bootstrapped. No external funding, business managed through project orders.
The business has 1 active partner.
Recent Activity
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4 Investors contacted this Business this month. Register below to connect now!
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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