Business Overview:
Recently Patented Airport Security Conveyance System
Located in New England, the Company designs and builds stainless-steel bin return systems for passenger x-ray machines located at TSA (Transportation Safety Administration) managed airport security checkpoints. The systems return the plastic bins to the screening entry area once passengers have removed their screened personal items. The Company recently received a patent on its system, which requires no conveyor belts, no pulleys and little, if any, maintenance. In fact it requires NO POWER, since it is gravity-fed. The Company prides itself in high-quality engineering design, manufacturing and QA which result in product performance exceeding customer expectations. A prototype has been in operation at a major airport for over four years. TSA also purchased ten others for airports around the country.
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Property Features and Assets:
This business can be run from anywhere, so location is virtual. The current assets of the business are the designs and new patent on the system. The prototype has been in operation for more than four years at a major airport.
Market Competition and Expansion:
The only competition is motorized conveyors which cost upwards of $80,000 per x-ray machine. This system costs about 2/3's LESS. This system can be used at x-ray machines throughout the world, so this is a global market.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: