Profitable manufacturer of patented product. Wide distributor network

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Patented and trademarked product manufacturer in niche market. Huge distribution

Business Description

This company manufactures and sells a patented and trademarked electric handheld device in a niche market. The product is sold through distributors across the country and abroad through outlets like Amazon, Wal-Mart, eBay, and dozens of others. The company's founder invented the product to use in their own business to meet a need. When competitors saw what the product did, they also wanted one. The founder then shut down that business to make this product exclusively and it is now the only product of its kind in the industry. The market segment they sell to continues to grow.

About the Business

Location:
Lebanon, Tennessee
Year Established:
2008
Number of Employees:
0
Relocatable:
Yes
Home Based:
Yes
Facilities:
The company has 1 contract labor individual that fulfills the orders as they come in. This is done from a small storage facility and can be done from anywhere.
Market Outlook/
Competition:
In the company's target market, they have the only product that does what their product does. With the patent and trademark in place, they have dominated and become very well-known in the segment.
Growth & Expansion:
The company has succeeded on word on mouth within the industry over the years. With some advertising the expansion opportunities are great.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Seller will provide 30 days of transition and training support

Listing Info

ID:
1646222
Ad Detail Views:
0
Asking Price:
$550,000

Gross Revenue:
$394,000
Cash Flow:
$148,000
EBITDA:
$148,000
Inventory:
$25,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Todd Jackson, JD/MBA

Beacon Business Advisors, Inc.

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