Successful Patented Product Line Business for Sale in TX 32432

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Absentee Owner! Unique Patent
Asking Price:
$540,000

Gross Revenue:
$179,547
Cash Flow:
$110,741
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$250,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a great opportunity for an entrepreneur to purchase this already successful company with a unique patented produce line that is basically an absentee owner business ? or for an existing supplier in the oil and gas industry to augment their existing business. The owner of this company has created a one of a kind handle (safety product) that is used in many industries most prominently in the oil and gas industry but is also used in any industry where hoses & pipes are being handled manually in dangerous environments such as water trucks and municipalities ETC... There is no competition and sales have grown year by year through distributors in the United States, Canada, Europe and Australia and the best part is they currently have no sales force. The owner has not concentrated on sales and is more of an inventor so he has decided to sell the company so the next owner could take this to an elite level. The benefits of buying this business are there is virtually no overhead, it is already growing and the next owner if they choose can work on sales and more distributors. It already has a proven track record of success and the future customer base could be endless. Please call the broker for more details.

We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

About the Business

Location:
Austin, Texas

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About the Sale

Seller Financing:
$108,000 @ 6% for 24 Months

Listing Info

ID:
1646298
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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