Profitable manufacturer of patented product. Wide distributor network
Profitable manufacturer of patented product. Wide distributor network
Price: $499,000
Location: Tennessee
Industry: Computer and Electronic Product Manufacturing
Listing ID: 19003
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.
Total Sales: $347,696
Cash Flow: $169,027
EBITDA: $169,027
Reason For Sale:
Health related / retirement
Training & Support:
Seller will provide 30 days of transition and training support
Year Established: 2008
Days & Hours of Operation: M-F 8:00 - 5:00
Owner Hours Per Week: M-F 8:00 - 5:00
Non-Owner Payroll: $27,000
Employees: One (1) 1099 contractor
Monthly Rent: $500
Type of Location: Leased
Square Footage: 400
Facilities Information:
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. (or Home-Based)
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.
Potential Growth:
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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