Description of the business for sale
This state-of-the-art anti-theft and recovery system makes it virtually impossible for any vehicle with a battery to be stolen. The product is the smallest on the market today (3.61 inches long x 2.27 inches wide x 2.01 inches thick) and has redundant features, ensuring your vehicle cannot be stolen. Critical and competitive features include:
(1) Works on ANY VEHICLE with a battery;
(2) Can be installed in 15 minutes with NO cutting of existing wires;
(3) No Key Fab required - the silent system will Arm and Disarm automatically;
(4) Alerts are sent via text message to your cell phone and email address with your vehicles latitude and longitude. You can also see a satellite image of your vehicle and change the functions of the system using our GPS website!
(5) Touch/Shock Sensor Alerts indicate someone has touched your vehicle;
(6) Geofence Alert indicates your vehicle has moved out of an area set by you (100 to 99,999 feet);
(7) Movement Alert indicates your vehicle has begun to move above 2 m.p.h.;
(8) Battery Alert indicates your vehicle battery has been tampered with or has been drained below a certain level (10.5 Volts);
(9) If your vehicle battery dies or is disconnected, The system will continue working using its own backup battery;
(10) Withstands heat, water, vibration, dust;
(11) Works with any phone service (Nextel / Sprint, T-Mobile, Verizon, Cingular / ATT, etc.); and
(12) Available and operates anywhere in the United States
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Support / Training provided by seller
Seller will provide full support and training for a reasonable period of time. IMPORTANT NOTE: There are hundreds of chains, locks and alarms available to motorcycle owners, but only four companies in the U.S. offer an actual GPS system. This product is the only one available in every state that is easily installed by the owner and provides both an alarm whenever the vehicle is moved AND its exact location via GPS to facilitate recovery.
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Description of the facilities
This is an online business. There are no physical assets except a modest inventory of finished goods.
COMPETITION: Frighteningly Enormous Market: With 6.2 million motorcycles in the U.S., plus millions of other vehicles that owners might seek to protect. For direct sales, the gross margin is over 50%; for dealer sales, it is 25%. If annual sales reached just 1% of the existing motorcycles, one-half through direct sales and one-half through dealers, that would represent $29 million in revenue and $12 million in gross margin.
REASONS FOR SELLING: Seller has full-time job; cannot also manage full market rollout.
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