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
Number of Employees:
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.
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.
Seller will provide 30 days of transition and training support
Ad Detail Views:
Asking Price: $550,000 Gross Revenue: $394,000Cash Flow: $148,000EBITDA: $148,000Inventory: $25,000 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Profitable manufacturer of patented product. Wide distributor network
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