Innovative Tool Manufacturer with Patents #093904
About The Opportunity
- Asking price of $125,000 - reduced for quick sale!
- Manufacturer of construction products patented in the U.S., Canada, Australia, and much of Europe
- Established in 2005, home-based business, easily relocatable.
- Solid network of parts manufacturers in place to supply parts for assembly.
- Customers include municipalities, utility companies, water districts, and small resellers.
- Owner wants to retire.
- Asking price of $125,000, includes inventory of approx 250 units valued at $125,000.
- Resale of inventory alone would bring in approximately $250,000 at current pricing.
- Also included are various parts, supplies, and patents.
- No cash flow or financial statements provided. Sale is for branding, intellectual property, and inventory only.
Other Important Information
Company has not put in place any significant marketing efforts into products. Owners are a multigenerational engineering team who developed the products part-time and now recognize the need for someone with strong marketing and sales skills to take these products to market. Sales in recent years have been made through returning customers or word of mouth.
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