Listing ID: 77580
Our client is offering a unique and versatile anti-shoplifting technology for sale to the market. It is unlike any system currently in use. This technology is discrete, effective and very economical to use and install. The product is electronic merchandise or article-surveillance technology consisting of a detection device and a tag attached to the merchandise to be secured. The tech is patented intellectual property. The patents, trademarks and all intellectual property rights are included in the sale.
The detection device can be a mat, placed close to a store’s exit doors, or a wall-hung “poster” which can be hung above an exit door, in restrooms, fitting rooms, employee entrances, emergency exits, elevators, escalators and other interior store spaces. Both types of detection device are unobtrusive and hardly noticeable.
The items to be protected are secured by attaching a device or tag such as a bottle tag. When the tagged item comes into proximity with the mat detection device or poster style detection device, an alarm sounds. The tags can be used on numerous kinds of merchandise, such as electronics, laptop computers, clothing, liquor bottles and more.
The tag’s alarm sound can be heard as a subject with a tagged item approaches the detection device (exit mat or wall hung poster) 10 feet ahead of the device, and even outside the store, where turbo tags are audible 600 feet into the parking lot
The devices have been installed and tested at major retailers worldwide, in the US, India, Australia, New Zealand, Singapore, and Europe.
This is a totally hidden system. Simply plug it in – no tuning required.
The system has higher detection rate than antennas and is far less costly than other Electronic Article Surveillance (EAS) devices.
The technology owner and patent holder is semi-retired and wishes to sell the technology, which is ready to go, to a buyer with the means to continue the upward trajectory of the business.
Our client owns all processes, and websites which they will transfer in full to a buyer.
NDA is required ‘LINK ABOVE} to secure the first round comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
- Asking Price: $2,000,000
- Cash Flow: $5,500
- Gross Revenue: $33,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
To allow the business to rapidly expand world-wide.
This Business Is Home Based
The venture was founded in 2019, making the business 3 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell businesses. Nevertheless, the true reason and the one they say to you might be 2 totally different things. As an example, they might say "I have way too many various obligations" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these may simply be excuses to try to hide the reality of changing demographics, increased competitors, recent reduction in profits, or a range of other reasons. This is why it is very vital that you not rely totally on a vendor's word, however rather, utilize the seller's answer combined with your total due diligence. This will paint an extra sensible picture of the business's existing scenario.
Existing Debts and Future Obligations
If the current company is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses borrow money in order to cover things such as stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can indicate that profit margins are too thin. Many companies fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that must be fulfilled or may result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location bring in brand-new consumers? Often times, businesses have repeat customers, which develop the core of their day-to-day earnings. Specific factors such as new competition growing up around the area, roadway building, as well as personnel turnover can impact repeat clients and also adversely impact future earnings. One crucial thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the greater the chance to build a returning consumer base. A last thought is the general area demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? How might the regional mean home income impact future revenue potential?