Manufacturer of Patented Consumer Products
Cincinnati, Ohio (Hamilton County)
Manufacturing - Other Manufacturing
Asking Price:   $450,000Inventory:   
Gross Revenue:   $478,000Real Estate:   n/a
Cash Flow:   $82,000FF&E:   $20,000 ++
++ included in the asking price         ** not included in the asking price
Company designed & patented a self-storing socket wrench where sockets are stored inside the handle. It eliminates loss of sockets and need to have an entire ratchet set in a bulk carrying case. An open-end wrench & hammer also designed & patented using the same concept; currently in initial marketing. Ratchet sold thru seasonal (Father's Day, Xmas, etc.) promotional displays at several it's customers stores (Sears, HD, Ace Hrdwr, Wal-Mart, and others). If the right acquirer has contacts & relationships with the big box retailers, it's believed the company can grow & become very successful.
About the Business
Year Established:1999
Employees:1 full time -
Facilities:None - all products are out-sourced and drop-shipped.
Market Outlook and Competition:Patented product; needs better contacts with big box retailers to gain shelf space.
About the Sale
Reason For Selling:Seller wants to retain a minority ownership or royalty rights and believes the right acquirer will provide greater financial results to him, rather than attempting to grow the business himself.
Seller Financing:Earnout additional

KEYWORDS: Patented consumer product; self-storing socket set, wrench & hammer; manufacturing out-sourced; home office (no real estate); growth opportunity; majority interest being sold.


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Seller ID:M-2020
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