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Smart Lock, Ticket Validater & Vending Machine Systems
Location Romania
Asking Price Range $1.0M - $2.5M
Gross Revenues $800000
Net Profit / Cash Flow $30000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2002
Number of Employees 10 - 19
Inventory 200000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training Yes.
Reason for Sale Other domain interest.
Description 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.
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