Patented Product Line Business for Sale in Travis - 32432 Business Type: absentee business,agricultural supplies,bldg materials/hardware/garden,construction building,construction special trades,electric, gas, water, sanitary svcs,farms,hvac,internet business services (b2b),internet businesses,mfg businesses,misc. agriculture,misc. construction/non-classifiable,misc. manufacturing/non-classifiable,other business services,misc. wholesale/distribution/non-classifiable
Acted as the Advisor to the Deal
Oakland County, MI
Walker County, TX
Davidson County, TN
Allegheny County, PA
Jackson County, MO
Suffolk County, MA
Mecklenburg County, NC
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $540,000 | Down Payment | $432,000 |
| Gross Revenues | $179,547 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $110,741 | Number of FT Employees | Register Free to View |
Financing
$432,000 Down and $108,000 @ 6% for 24 Months
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.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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