ADD FREE LISTING

Patented Video Access System And Property Management Software For Sale

Brooklyn, NY, USA
GET FINANCING
Businesses For Sale | IT & Software Companies For Sale

Listing ID : 426219

Posted on January 2, 2024 View Count 5

Price :
$10,000,000
Business Financials & Assets :
Gross Revenue:
$2,738,419
Cash Flow:
$1,970,838
Year Established:
2016
Inventory Included:
Yes
Estimated Value of Inventory:
$221,600
Property Details :
Business Details :
Number of Employees:
5
Facility & Tenant Improvements:
This is a SaaS application that can be run from anywhere.
Competition:
This is a patented system and as such has no competition.
Growth and Expansion Opportunities:
Virtually unlimited; millions of people live and work in facilities which could benefit from our Client’s products.
Terms :
Financing:
The seller wishes to refrain from seller financing, but will consider it for a full sale.
Support & Training Offered:
Seller will provide weeks or months of support to be negotiated at the time of purchase.
Reason for Selling:
The Seller feels that to take this business to the next level, significant additional capital will be required.
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Our Client is a unified Real Estate Property cloud-based software technology. The Seller is the inventor of a patented lock/unlock, Video Access and Building Management Platform. They deliver a proprietary software product for property management, resident and visitor door entry, door security and monitoring, building communications and real-time data and analytics via Bluetooth proximity, digital QR key & facial recognition.

Our Client is currently live in 170+ buildings nationwide, primarily in NY and NJ and is in the process of installing in many additional buildings.

● Our Client has numerous buildings actively in the pipeline through many dealer resellers representing hundreds of buildings and tens of thousands of apartment units. A major milestone was surpassing 10,000 billable units by the end of 2022.

● In the past 6 months, our client has garnered close to 2,000 new units, with over a million access events on their platform, from millions of interactions with their system.

● Conservative revenue projections based on existing and new sales relationships show significant recurring revenues, with incremental upside potential.

As part of this offering Is a wholly owned subsidiary, a Digital Out-of-Home (DOOH) and Location-Based Marketing (LB) company offering a unique, location-based, digital media ad network.

Our Client has the unified property technology of the future and is the inventor of the patented access control and the Smart Video Door System and Building Management Platform. They have delivered an innovative and proprietary approach to property management, resident and visitor door entry (via Bluetooth proximity, digital QR key or facial recognition), door security and monitoring, building communications and real-time data and analytics.

Our Client, through its system, has unified proprietary hardware, SAAS (software as a service), PAAS (Platform as a Service), mobile apps, web portals and AI technologies to create an intuitive experience that redefines the video smart door, IoT and digital doorman markets.

● Hardware: Multiple models are available and in development for all building entry points. Most are equipped with video cameras, speakers, and touchscreens.

● Software: A touchscreen features comprehensive facial recognition system, building entry data logs, advertising displays, resident directories, delivery, maintenance and vendor resources, building announcements, weather, language options, etc.

● Our Client’s platform allows the API integration of other significant PropTech tools including smart-home technologies, 3rd party vendor services (laundry, gym, etc.), rent payment/management and Property Management Software (PMS).

● Mobile Apps Enable keyless automated entry via Bluetooth, and QR codes for easy electronic access for residents. Additionally, residents can give guests entry remotely and by mobile access control.

● Web Portal: Residents have a dedicated portal for building communications, repairs, and announcements. Management companies can track residents’ information, vacancies, repairs, data, staff, etc. simultaneously for a large portfolio of buildings.

The bottom line is that our Client is the missing link in effortlessly connecting all parties in a building complex, significantly improving a resident’s living experience and directly impacting ownership’s bottom line.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

High Selling CBD / THC Store in Naples, Fl $850,000
High Selling CBD / THC Store in Naples, Fl

6355 Naples Boulevard, Naples, FL, USA

Retail Stores & Dispensaries

Create an account

Connect me with a Buyer’s Agent/ Broker.

I Agree to BizTrader’s Terms and Conditions and Privacy Policy

You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776
You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776

Contact Listing Owner

All Listings
ProNova Partners
License:01820673

Search

Hemp Only Listings

Listings You May Also Like

Wayne County – Esthetician Studio

Wayne County, MI, USA

Turnkey esthetician studio business available for sale.New owners can continue to operate with the same business or rebrand/convert it to anything the

Other Beauty & Personal Care

Oakland County – Esthetician Studio

Oakland County, MI, USA

Turnkey esthetician studio business available for sale, includes business and Leasehold Rights.New owners can continue to operate with the same busine

Other Beauty & Personal Care

Profitable Healthy Food Distribution Business For Sale $135,000
Profitable Healthy Food Distribution Business For Sale

Brighton, Boston, MA, USA

Quality and healthy snack distribution business with territory in MA, NH, and RI. Flexible and simple business model with current cash flow from exist

Food Distributors

30MM Plus EBITDA Small Arms Manufacturing Company For Sale

United States

The Small Arms Manufacturing Company (SAM) offers a wide range of high-quality firearms and related products with a primary mission of delivering top-

Firearm and Weapons Manufacturing Companies