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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Zrid Safety Devices Manufacturer For Sale

Location  Australia
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $1000000
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2004
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Owner wants to retire.
Description  With safety becoming a number 1 priority in the workplace today, ZRID is in the forefront by manufacturing safety devices for welding machines and power tools. The unique patented technology gives the ZRID company an advantage over other worldwide competitors. ZRID devices comply with international welding standard IEC 60974.1, it is also certified by NATA, been given a C-tick approval (N13310), has done a SIL (safety integrity level) test and found to be in the range of SIL1 reliability performance. SIL1 reliability performance required less then one failure per 100,000 hours. ZRID products increase productivity, provides the user with very high personal safety protection, reduces LTI (lost time injury), MTI (management time injury), RSI (repetitive strain injury), dramatically reduces insurance claim and medical expenses. ZRID products and design has no limit as the where it can be used. It can be used in different applications ranging from home appliances to industrial, shipyards, mining/oil and gas sections. All operations can be done via a remote control or mechanical switching system and can be redesigned to the customers preference. With patents in EU, USA, Canada and Australia, ZRID can become a successful and profitable worldwide company servicing the millions of welding machines and power tools in the market. With an estimated patent value of $100M and stock/assest worth $5M, ZRID is a company worth investing/buying into and can become a billion dollar company with the right investor/buyer.
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