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Gps tracking for kids

Project No: #19574
Capital needed
€ 2,610,000
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Minimum investment per investor: 1000
Country: South Africa
Reason for needing Capital: Other
Stage: Pre-Startup
Ideal Investor Role: Indifferent
Highlights: safe and affordable
Any income bracket can afford it
Good return on investment
What you offer to investors?: 40 percent of the profits will be divided among investors on full term basis. Investors may submit queries for financials at any given time and vote system shall be put in place

We are a young company based in Johannesburg south we currently deal in the electronics market we have recently noticed a need in the market for a god tracker for children at a low cost to make it affordable and accessible for all income brackets we have sourced various versions of the tracker which we have testing done.The ammount of children being abducted on a daily basis makes this product a necessary need in the country we feel it will be a good investment and also making it beneficial to the consumer that will be using the product. Our aim is to start with one model which shall be imported from China shenjen as it’s own brand and we shall be the sole distributors of this specific brand in total now the unit price landed in South Africa is R87.00 and it shall be retailed at an ammount of R199.00 and we shall sell to the retailer at R169.00 we already have distribution channels in place as well as our own in house sales team we would still need to expand on the customer care department and infrastructure.We would like to import 30000 units to start this project in total that brings in a profit before cost of R82.00 per unit sold giving us a total of R2460000. Which will be used to import more models and allocate the investor a good roi we look forward to working with you.We are fully vat registered and bee level 1 compliant should you require any further information please don’t hesitate to ask.

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