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Smart Lock, Ticket Validater & Vending Machine Systems
Location: Romania -> Oradea
Industry: Manufacturing > Computers and Electronic Equipment Manufacturing




Business Summary

Alien Concept was established in 2002 and until we reached 2004 the main activity was pure research and it was concluded in few products such as:
- Smart Lock System, for metallic doors of high security.
- Ticket Validater for Public Transport.
- Ticket Vending Machines (Kiosks) for Public Transport.
- Contact-less Card System for Public Transport.

Now we are about to finish an GPS System for Public Transport Fleet Control and Ticket Validaters based on RFID (Radio Frequency Identification). Main activity in support of Public Transporters began in 2004 when the first contract was signed with a company named OTL Oradea. All those busses and trams were equipped with Ticket Validaters and the value of that contract was 250,000.euro and another 30,000 euro after 6 month when more vehicles was added.

In present time Alien Concept installing equipments in 10 cities and running contracts with 10 Public Transporters. Our company will cash in, almost 600,000 euro only from these contracts. As a reminder I will add here that we have currently discussion with another 5 big companies of Public Transporter.

Our company is the only manufacturer of ticket equipment from Romania and just few in East-Europe. As a background note, we are preparing ourselves for 2 big auctions of almost 20,000,000 euro. Email or call 40-728-88.13.05 for more information on this business for sale.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $800,000
Cash Flow:   $30,000
Cash Flow Type:  EBITDA
Inventory:  $200,000
Seller Financing:  Yes

About The Business

Year Established:  2002
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Other domain interest.




Print Listing Id: 70042479
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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