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Reduced Hot New Product for Time Management
Manufacturing - Electronic Components Manufacturing | Manufacturing - Plastics Components Manufacturing
| Asking Price: | $295,000 | Inventory: | $200,000 ++ |
| Gross Revenue: | Not Disclosed (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: This is an asset sale | |||
This product was designed by 4 business partners who each had varied skill sets. After less than 3 years the product is being successfully marketed and even sold out its second time on QVC! It has the potential to be redesigned for even more uses to make demand even hotter. Right now it is being produced off shore but the business can be easily relocated. For use by small children, the elderly, developmentally disabled, and by families, it is invaluable for scheduling and time management. The market is huge for this type of product and the potential is there for huge profits. 2 of the 4 partners are ready to retire so the business is now ready for a new owner who can take it to a new level with mass marketing. The business includes a website, all molds and tools, and pending trademarks and patents.
About the Business
Year Established:2006
Employees:4 part time
Relocatable:Yes
Market Outlook and Competition:Product can be varied for moer demand, and mass marketing, talking with Big Box stores, getting into specialty catalogues, along with Infomercials could all propel this business into high revenues.
About the Sale
Management Training and Support:WIll be made available. Present owners will assist in the redesign of existing product to increase demand, if desired.
Reason For Selling:2 of 4 partners are retiring
Seller Financing:Yes, seller financing is available
Attached Files - Attachment Disclaimer
KEYWORDS: electronics, time, calendars, families, developmentally disabled, scheduling
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Industry: Manufacturing
Segment: Electronic Components Manufacturing Next Listing: Metal Machining
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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