2 patents for sale for the manufacturing of an after market dump truck

Orlando, FL (Orange County)

2 patents for sale for the manufacturing of an after market dump truck
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Asking Price: $420,000

Established: 2002

2 patents for sale for the manufacturing of an after market dump truck

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Asset Sale Description

The complete design/manufacturing rights for both a full-sized and compact-sized lightweight non-rusting dump insert (and options) that goes into a pick up truck and turns it into dump truck. It can be installed and removed in minutes and is capable of dumping 3000 lbs. Two patents cover this product line. This is ideal for landscapers, builders, municipalities, road crews, farmers or anyone that does not want to have to unload by hand at the dump site. After the design of the full-sized unit, the second unit for small pickups was designed and produced. The seller, who was about to start supplying a big box warehouse, ran out of working capital. Units were previously manufactured in lots of 25 but really needed to be done in quantities of a least 100 or more to obtain better parts pricing to meet the large distributor's need for higher margins. The seller is offering out-right sale of the two patents, all engineering drawings (CAD-CAM ready), all vendor names, sources of parts and subcontractors used, complete specs and details on every aspect of the units and their optional accessories. We will enter into a royalty and consulting agreement, as needed, with the buyer as well as being "on call" to assist with most issues.

Detailed Information

The manufacturing of these dump insert units had been under license for a year. For sale are the two patents, all intellectual properties including all high quality CAD-CAM drawings, totally ready to bring the product line into production again. Also included is an in-depth website, all camera ready art and some sample marketing materials plus a certain amount of inventory. Included, too, are the finished molds for making the two different sized dump bodies.
$200,000 will be carried back by the seller to a qualified buyer.
Support & Training:
After the sale. the Seller will assist the buyer, if needed, to bring them up to speed on both the manufacturing and engineering aspects of the entire product line which includes where to purchase all of the parts and how the units were assembled packed and shipped. The units were sold as either kits or assembled.
Reason for Selling:
Seller manufacturing & distributed the units but ran out of money due to the R&R
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John Price

Asset Sale Listed By:
John Price

John Price Broker & Associates

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