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Patent Opportunity-Specialty Electrical Installation Tool

Hartford County, CT

Patent Opportunity-Specialty Electrical Installation Tool

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Patent Opportunity-Specialty Electrical Installation Tool

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Business Description

Exclusive utility patent rights, product distribution rights, licensing, and equity in a business that has sold 15,000 specialty tools that every electrician and do-it-yourself homeowner needs to properly install an electrical switch or outlet box in existing homes or buildings. On a commercial job, the tool reduces installation time and improves accuracy. For the homeowner, the tool improves accuracy, eases positioning, and helps a novice install like a pro. The business can be operated from anywhere through a comprehensive sales distribution network. In addition to the tooling and production mold for the tool itself, which are included in the sale, multiple adapters have already been designed and are ready for manufacture to facilitate the installation of any size or type of electrical box. The units have been sold through a US-based Electrical Distributor on two major retail websites at a 100% margin for the owner. Significant upside potential for the right buyer and/or distributor to aggressively expand the commercial and home marketplace with this one of a kind solution. Seller is open to a creative deal that would include continued participation.

Detailed Information

Support & Training:
Two weeks of training at no cost
Reason for Selling:
Opportunity

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Chuck Bortnick

Business Listed By:
Chuck Bortnick

Transworld Business Advisors

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