Listing Details : LB-21454

Asking Price 20 Lacs
Turnover 20 Lacs
Legal Entity Proprietorship
Category Internet & Technology
Sub Category GPS Tracking
Business Listed By Business Owner

Overview

A GPS Tracking Trading Business is for Sale, offering a scalable opportunity in the rapidly growing vehicle tracking and fleet management industry. Established in 2019, the business has built a strong market presence by providing GPS tracking solutions for transporters, cabs, commercial fleets, and other vehicles. The company operates from a 300 sq. ft. fully furnished and well-equipped office premises with a monthly rental of INR 10,000. The business follows a subscription-based revenue model, ensuring recurring income and long-term customer retention. It currently serves a strong client base of more than 2,000 active customers. The business sources products through 1 primary manufacturer along with 9 additional vendors, ensuring smooth supply and product availability. The software and operational management are handled by an in-house technical team, providing better control and customization capabilities. With an annual turnover of approximately INR 20 Lakhs and an attractive profit margin of around 30%, the business is efficiently managed by a team of 3 employees. This is an ideal acquisition opportunity for investors or companies looking to expand in the IoT and vehicle tracking sector.

Year of Establishment

2019

No. of Employees

3

Current Status of Business

Running

Business Relocatable

No

Property Type

Leased

Rental per Month

10 Thousand

Describe Property

N.A

Competition / Market

High

Products & Services

GPS Tracker Business for Transporter, Cabs and other Vehicles Etc.

Growth Potential

Very High

Reason For Sale

Taking Retirement

Financial Details

Listing Details : LB-21454

Asking Price 20 Lacs
Turnover 20 Lacs
Legal Entity Proprietorship
Category Internet & Technology
Sub Category GPS Tracking
Business Listed By Business Owner

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