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School Safety Device

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $10000000
Net Profit / Cash Flow  $4000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2007
Number of Employees  1 - 3
Inventory  100000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  To place product in market place after patenting.
Description  Partner needed to help Patent the above School Safety Device for sale for Schools and colleges. Attorney confirms the availability of utility Patenting and complete project right up available. Willing Business Partner will share 50% of the Royalty income. Since I am a very creative person, will be given the first opportunity to partner in other new developments underway. This is a premises entrance/ exit monitoring system intended primarily for attendance/presence monitoring for educational institutions but also useful for any number of restricted area entrance/exit security applications.This device as suggested have the appearance of a walk-through security scanner such as those found in airports and government buildings. However, this device is a walk-through security monitor and has different security features than the ones just mentioned.Such fixtures in airports and governmental buildings are typically sophisticated metal detectors and chemical detectors, intended primarily to locate concealed weapons, explosives, etc .In contrast, this proposed entrance/exit security scanner would be intended to verify a person's identity for each entrance/exit event and include automatic data reporting capability. There are very good specific features not mentioned here that allows monitoring our school going children and colleges where need be.
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