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This Business has been Sold!
Closing Date: 11/06/2019
Business for Sale Summary

Modular Adaptive Activity Patents - 31627

Business Type: health/beauty/nutrition supply,misc. retail/non-classifiable,health/medical/dental practices,healthcare related services,internet businesses,internet business services (b2b),internet consumer services (b2c),misc. internet/technology/non-classifiable,mfg businesses,misc. manufacturing/non-classifiable,wholesale/dist businesses,misc. wholesale/distribution/non-classifiable,web design/ tech services
Sold
Modular Adaptive Activity Patents
On November 6th 2019, The Undersigned
Acted as the Advisor to the Deal
Steven Mencini
Steven Mencini Senior Broker
Servicing: Cuyahoga County, OH
Oakland County, MI
Walker County, TX
Davidson County, TN
Allegheny County, PA
Jackson County, MO
Suffolk County, MA
Mecklenburg County, NC
Attention Business Owners: 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.

Financial Information (non-confidential)

General Information
Asking Price $412,000 Down Payment $412,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$412,000 Down and Negotiable

Business Description

The owner of this business is selling three unique patents because he has taken them as far as they can go, the company is not for sale. The patents are for modular adaptive activity systems to help people who suffer from Parkinson's, Alzheimer's, Autism, Traumatic Brain Injury or any number of physical or cognitive issues. The multi-purpose systems provide therapy for the mind & body and can keep patients going for hours. The owner of the patents has made sales with hospital units, memory units, retirement homes etc... but has suffered some health issues which has slowed him down the last few years and he feels he has taken this as far as he can go. He doesn't think he would be able to handle the volume these systems could create. He has developed and produced about fifteen multi purpose boards (Inventory) to go with the patents and would be happy to do a demonstration for any prospective buyers. The base and product has been built for this unique system, it just needs someone to take it to the next level. There is a lot more to this fantastic opportunity so please call the broker for more details.

Attention Business Owners: 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.

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.