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Business For Sale

Sim Card Distribution Company Exclusive For USA

Los Angeles, CA

Services: Communication, Technology

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$800,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2011
0
987626839

Business Overview:

The company has the exclusive rights to sell and distribute to the US market an International Sim Card. The company plans to market their product through local, regional and state distributors and provide a web site so customers can upload minutes to their cell phones. The company offers affordable solutions for people who are traveling in or out of the country. The company product pricing will be on a fixed pre-paid rate which will be determined by the size of the order. The customer will not have to commit to a contract. In addition to making a profit on the sale of the Sim card the Company will share revenues with the telephone companies for minutes ordered by their customers. The company has launched a new product as their Sim card can now transfer cash for a very small fee. Many people do not have electronic ways to move cash around and need to physically travel to make payments. Most people in the world own some form of cell phone. Although many money transfer systems exist today; they require a mode of transportation, are costly and are complicated for end users. This is a micro-payment system targeting the lower income population who use simple cell phones and do not have access to checking accounts. This system uses text messages and automated phone calls to SECURELY transfer CASH between mobile phones. The company allow deposits / pickups around the world at retail locations. Our Sim card is simple to use and compatible with all cell phones with no application installation required. Users can simply text to send money to others or make a phone call and answer three questions. The company will use the funds provided by the investor as follows: 300,000 for Seller and Brokerage fees and 500,000 for working capital per the Company Business Plan. Contact David Barry 310-279-5133

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

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: