Profitable manufacturer of patented product. Wide distributor network

Lebanon, TN (Wilson County) (Relocatable)

Profitable manufacturer of patented product. Wide distributor network
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Asking Price: $550,000

Cash Flow: $148,000

Gross Revenue: $394,000

EBITDA: $148,000

FF&E: N/A

Inventory: $25,000

Established: 2008

Profitable manufacturer of patented product. Wide distributor network

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Business Description

Patented and trademarked product manufacturer in niche market. Huge distribution

This company manufactures and sells a patented and trademarked electric handheld device in a niche market. The product is sold through distributors across the country and abroad through outlets like Amazon, Wal-Mart, eBay, and dozens of others. The company's founder invented the product to use in their own business to meet a need. When competitors saw what the product did, they also wanted one. The founder then shut down that business to make this product exclusively and it is now the only product of its kind in the industry. The market segment they sell to continues to grow.

Detailed Information

Location:
Lebanon, TN
Inventory:
Included in asking price
Employees:
0
Facilities:
The company has 1 contract labor individual that fulfills the orders as they come in. This is done from a small storage facility and can be done from anywhere. (Home Based)
Competition:
In the company's target market, they have the only product that does what their product does. With the patent and trademark in place, they have dominated and become very well-known in the segment.
Growth & Expansion:
The company has succeeded on word on mouth within the industry over the years. With some advertising the expansion opportunities are great.
Support & Training:
Seller will provide 30 days of transition and training support
Reason for Selling:
Retiring
Home-Based:
This business is Home-Based
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Todd Jackson, JD/MBA

Business Listed By:
Todd Jackson, JD/MBA

Beacon Business Advisors, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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