Back to Top

#Business ID: 16077

Get Email Alerts Add to Shortlist
View Shortlist

A Patented Advertising Delivery Method Business

Business Location: Metro, Manila, Philippines

Asking Price: $ 700,000 Revenue: $ 2,500,000 Cash Flow: not disclosed

Business Summary

Capital spent for advertising in the Philippines is approximately $3.5 Billion / year.

With advances in LED technology, a relatively recent entry as a new method of advertisement delivery is the placement of LED technology on the tops of taxi cabs.

Moving Ideas Inc. ( SEC registration pending ) has a Patent Pending on using the Taxi Top LED technology in the Philippines. Contracts are in place with the LED manufacturer from China who supplies the taxi top displays for New York, Miami, London, etc. Surveys have been completed with local advertising agencies, and there are a number of advertisers who are committed to using Taxi Top advertising in the Philippines.

The first operational business phase will be the fielding of 100 taxi top units throughout Metro Manila. Now being offered for a limited time is the opportunity to become an equity partner in Moving Ideas Inc. first 100 units. A minimum subscription of $350,000 USD will equate to 15% equity in the 100 units business profits. This equity will be backed by preferred shares in Moving Ideas, Inc. Maximum subscription is $700,000 USD for 30% equity. ROI is estimated at 12 – 14 months. After start up and ramp up costs in the first year, follow-on annual income is estimated at $2.3 Million USD, with 30% of that being ~ $700,000. If desired, the investor can be included in the incorporation of Moving Ideas, Inc., be one of the founders of the corporation, and maintain a seat on the Board of Directors. Initial investor will be given first option to fund additional units for Manila and other Philippines cities. Our goal for the Philippines is to have 1000 units distributed across several major cities within 2 years.

SUMMARY

A unique opportunity exists to become an equity partner for a new location of an exciting new business model. In this first offering, an investor contributing $350,000 capital for the start up and operations of the newly emerging LED “Taxi Top” advertisement delivery method, an investor can capture 15% equity in the profits for the first 100 units. A maximum of $700,000 will be raised for the first investor offering, at which point this opportunity will be considered fully subscribed. Investors in the first offering will be issued preferred stock in the Taxi Top Company, and also gain “first option” to invest in subsequent expansion phases. ROI is approximately 12-14 months, with post start-up years estimated to yield 100% return/annum.

Property Details

Years Established:

New Business

Other Business Details

Business Location:

Metro Manila

Competition:

None. Patent Pending

Expansion Potential:

Huge

Business Operation Details

Trading Hours:

24 hours per day

Miscellaneous Details

Reason For Selling:

Adding Equity Partners

Contact this seller

Already a Member? login

Fields marked with a * are mandatory












CAPTCHA image
*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from SellAnyBusiness.com
 I have read and agree with the Terms & Conditions & Privacy Policy

SellAnyBusiness.com

Copyrights © 2020 All Rights Reserved by SellAnyBusiness.com



BUY OR SELL SAFE

Follow your passion - find and buy the business that fits your dream. Buy it Safely!!