Battery powered light rail mass transit co.
Asking Price: | $10,000,000 |
FF&E: | $1,000,000 |
Inventory: | $1,000,000 |
This company has installed 10 systems around the world that have helped municipalities dramatically reduce costs of public transportation. The battery operated light rail cars can run for 20 hours per day, and require no overhead wires. They eliminate all of the electrification infrastructure.
This dramatically reduces maintenance while providing a more reliable, environmentally friendly, and profitable solution for public transportation.
They have had more success overseas as foreign municipalities and governments are less risk adverse to try new solutions.
They are looking for a well funded buyer or a partner to strengthen their balance sheet. This will help them close much of the current $700,000,000 in proposals in their pipeline. They are open to selling outright, or various equity stakes in the company.
There is high demand for this product and many municipalities are eager to move in this direction. With a strong balance sheet and/or the backing of a strong company, the company can quickly sign and execute numerous projects around the world.