ROYAL OAK, Michigan
| Asking Price |
$3,000,000 |
Year Established |
|
|
| Annual Revenue |
$94,000 |
Reason for Selling |
Strategic exit — IP and brand platform acquisition |
|
| Annual P/L |
$0 |
Attention |
Vic |
|
| Annual Cash Flow |
$0 |
Listing Number |
1018010 |
|
| # of Employees |
3 |
Business Category |
Manufacturing: Electronics & Technology |
|
Business Overview:
World-First Device Security Patent with Fortune 500 Validated
A rare opportunity to acquire a fully developed, patent-protected brand at the intersection of travel, technology, and security. Two core product families, including what management represents as the world's only device that secures a laptop to the surface it is on, monitors lock and laptop usage (which can generate revenue) and, upon potential theft, uploads computer data to the cloud, erases data from the laptop, scrambles the computer blos making the laptop unusable, and prevents data theft 100%. Simultaneously, it sends a signal to the user if someone is tampering with their laptop and records attempted theft location. The system can also restore the bios if the computer is recovered. There is nothing like it in the world. A huge need exists to protect data, confidential Information like competitive information, strategy, passwords, Bitcoin data, etc. It is protected by two broad patents granted across 13 countries and four registered trademarks.
This is a strategic IP and brand acquisition, not an operating business. The founders built the products, secured the global patent estate, and invested $2.9 million — then reached the limit of their capital before scaling distribution. Pilot sales were placed and sold through with a Fortune 500 medical device manufacturer, two national big-box retailers, a Canadian national electronics chain, two Tier 1 automotives suppliers and a Big Ten university. These were purchase orders that converted, not samples, and everyone was won by a three-person, home-based team with no sales organization and effectively no marketing budget. The demand was validated. The engine behind it was never funded. Gen 1 is in the market at an early stage of commercialization. Gen 2 is complete and ready for tooling: it converts the hardware into a recurring-revenue SaaS model at approximately 92% gross margin, protecting the data rather than only the device, aimed at compliance driven buyers in healthcare, finance, government, and defense.
Property Features and Assets:
Market Competition and Expansion:
<p>• Two broad patents granted across 13 countries, plus four registered trademarks<br>• The only product that locks a laptop and a bag at the same time, and works on any device without a cable lock slot<br>• Turnkey infrastructure included: contract manufacturing, third-party fulfillment, e-commerce, packaging and collateral<br>• Gen 2 SaaS prototype complete, with management estimating 6 to 9 months to production<br>• Founder support through transition — serial entrepreneurs with deep sector credentials: a co-founder with 20 years in sales and marketing leadership, 8 years in<br>cybersecurity and over $50M of software sold, and a co-founder holding 45 patents with over $100M of his patented products sold, named a state Entrepreneur of the Year.<br> <br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity