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"IOT" Consumer Product Seller/Mfr

Sedgwick County, KS

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Asking Price: $2,900,000

Cash Flow: $1,243,073

Gross Revenue: $3,326,215

EBITDA: N/A

FF&E: N/A

Inventory: $600,000

Established: 2016

"IOT" Consumer Product Seller/Mfr

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Business Description

With over $3M in revenue in 2018, this business is a national player in the "internet of things" product market. The products allow people across the world to connect with each other in a meaningful way without calling, texting, Facebooking, etc. This company's products provide the unique ability to just say "Hello, I'm thinking about you" instantly and personally. Patent pending technology is part of the opportunity and positions the company for many future product and market opportunities. The production is done in the USA, but could be relocated. Software and servers are also located in the USA. This company presents a terrific opportunity to continue as a stand-alone business as well as a bolt-on to an existing company.

The owner is interested in continuing with the business in a creative consultant role.

Detailed Information

Location:
Sedgwick County, KS
Inventory:
Included in asking price
Employees:
15
Facilities:
Business was founded in 2016 by the current owner. Rapid growth with great margins.
Growth & Expansion:
International potential via multiple online retailers.
Reason for Selling:
other interests
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Todd Bailey

Business Listed By:
Todd Bailey

Transworld Business Advisors of Wichita

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