Venture Connect

97,  Poort Technologies Inc.

$ 400,000

Poort Technologies Inc. is a small industrial design firm manufacturing advanced 5G Hubs (tablet enclosures). The company has designed and produces enclosures for tablets such as the iPad and Microsoft Surface Go that can upgrade the hundreds of millions of those tablets in existence to become fixed, smart appliances.

5G Streaming Terminals High Speed, low latency applications for either iOS or Windows 10 can be deployed over kitchen counters, and workplaces as control stations - for all web, messaging, and video (Netflix etc.) streaming content. These Poorts (alone) maintain an independent Web, YouTube etc. as free services using just 10W over WiFi

Development is Complete The company has two completed plastic injection moulds, made of premium, long-life steel, now in contracted production in Richmond (Steveston) BC. Poort ownership need only order production runs, and can operate the business from any location in the world.

Production Cost and Distribution Cost per kit is ~$40 CDN and sells for $70 USD. Amazon and Shopify warehouses, displays, and remits revenue for all transactions in North America, requiring only intermittent bulk stocking or direct dealer sales. The firm is already profitable on Amazon, although Poort is newly listed there and no marketing has yet been initiated.

Design Features and Advantages The unique Poort enclosure features an open back, which allows it to cover a counter-top electrical outlet completely. This hides the charging cable entirely, and permits the device to then hang from two screws. right in tile grout if necessary, for simple, non-destructive mounting; even over ceramic back splashes. A Poort uses no counter space, stays out of the way and is easy to keep clean. It can be dismounted and is portable to anywhere in seconds, by simply lifting it off its mounting screw(s).

BC PNP Invited For those interested in entrepreneur BC PNP immigration, an exciting business plan around introducing this new form factor to computing, for your immediate submission has already been prepared, that will allow you to live and work in BC and fully qualify as a nominee for $400K/100%. (You must have adequate net worth and be an experienced business person to qualify for immigration, if desired). The business includes immediate employment for yourself and possibly one key worker with you. Permanent residency is projected within 6-10 months, if applicable, as purchasing businesses from retiring Canadians is prioritized.

Highlights for prospective BC PNP applicants:

  • A Poort application has already been invited - and only 10% of applications are invited
  • The business enjoys very high priority for PNP. This is tech manufacturing for world export.
  • The owner Dwight Jones is a communications network designer, and in the past has successfully sponsored two families for permanent residence in Canada,
  • Production is via contract manufacturing in Richmond, using the same plant that built the molds – no finger-pointing. This also means the owner does not require expertise in manufacturing - all that is contracted.
  • Ideal marketing opportunity for 1-2 workers, who can live anywhere with Web connectivity..

High Margins, Low Competition Poort can manufacture custom enclosures in very high volume by injection molding. Initial marketing is now online via Amazon's worldwide marketplaces (search for Poort). This opportunity is to purchase the firm for a reduced price of $400K CDN, as BC PNP supports succeeding Canadian business owners who are retiring. The designer/owner remains available to consult and work with the firm.

A Portable Business The firm has ~$50K in stock, two $25K injection moulds and no debts. Poort uses a contracted plastic injection firm for production. No real estate or business equipment or premises are included beyond our proprietary molds and stock. The company has no wage, lease, financial, stock or bank commitments. Patent application materials are on file at USPTO denoting the innovative open back as Poort's.

300 Million iPads Installed Base Note that Poorts complement the Apple HomePod, and Amazon's Echo/Alexa or any smart speaker, because the onboard iPad e.g. brings Web video streaming and applications that voice assistants cannot offer, yet utilizes great smart speaker sound. Low cost manufacturing allows highly scalable sales with wide profit margins. Export manufacturing can be expected to receive priority support from every level of government, including EDC (Poort has an active account) and immigration applications.

Website for the products' development history and possible applications.

Contact or call 604 836-7300 8AM-5PM Pacific.

Address: Richmond, Greater Vancouver District
Categories: Manufacturing
Type: For Sale By Owner