Products/Service

Smart Refuller, GPS Tracker, Schoolbus Tracker.

Clientele Type

For our school bus tracker device, we have done a tie-up with 100schools.

Premises

We have taken two offices on rent.
One office is in Kollam, Kerala. Carpet area is 400Sq Ft.
There is no security deposit we have paid full rent in advance INR60,000
Another office is in Malappuram Dist, Kerala. Carpet area is 600Sq Ft
There is no security deposit we have paid full rent in advance INR1,20,000

Asking Price Includes

Asking price includes customer database of 1000 people, technology transfer, office assets( which includes 10 laptops and furniture).

Reason

Management Decision to sell the business

Other Details

Mostly we are trading with two products GPS Tracker, Schoolbus Tracker.
Benefits of GPS Tracker are Effective Fleet Control, Alerts can be triggered by SMS on unauthorized unlocks, Datalogger module will keep the history of important parameters like pressure in the tank, Temperature in a refrigerated van, Speed limit exceeded with timestamp.
The benefits of the School bus tracker are Both parent and school authorities can monitor bus route violations. Over speed incidents, unscheduled stops, and driver information.
We are purchasing these devices from the certified dealers of the Automotive Research Association of India.
Each device cost us around INR5,000.
We have a tie-up with a software company which is providing us software for these devices, each device software cost around INR500.
The approximate sell price of each device is INR6,500 and 7,500( sell price varies on a number of a panic button on each device).
Applications are also made for tracking of the devices.
The per year subscription of the device is renewed, which is charging INR2,500 to the buyer.
Approximate per-month expenses of our firm are around INR2,50,000.