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Manufacturer, Branding & Distribution Of Patented Product For Sale
Location Tennessee,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1100000
Net Profit / Cash Flow $500000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2009
Number of Employees 4 - 5
Inventory 50000+
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training The owner will provide a transition time, up to 2 months working and will be available for consultation thereafter, up to 12 months.
Reason for Sale Family obligations.
Description This company manufactures, brands, and brings to the market, new, unique, innovative and exclusive product lines in which they hold Patents for. They provide these patented products to suppliers, fundraising and promo distributors and suppliers, wholesale distribution and retail marketplaces. It's in its infancy stage and stands ready to be taken to the next level. There are plenty opportunities for growth due to the lack of capital to support large orders. The addition of a dedicated sales team for each division will also increase business and customers. The Company has significant opportunities to accelerate growth, which is discussed in the information packet. The numbers shown represent an annualized figure. Please inquire for more details.
Product is packed and shipped to the customer from its warehouse located in East TN. Lease is month to month with a monthly rent of $850. The facility is 1,200 and provides plenty of room for growth!
This business stands ready to be taken to the next level. In 2009 and 2010, efforts were focused on marketing tools, websites, catalogs, displays, videos, presentations, artwork and much more; thus leaving no room to market the products until 2011. The owner states that a sales team member needs to be assigned to each industry they serve, such as fundraising, promotional product sales, chain stores, online affiliate programs, mall kiosk concepts, mass merchants and greeting card stores. Right now, there is only one employee that acts as the Marketing Director over all industries.
ASKING: $1,000,000 Includes Equipment, patents, inventory
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