Seeking a sale a patented product (patent #6,071,833). Wet & Set joint tape eliminates the present drywall installation method which requires multiple tools and materials over a two day process and transforms it into a simple single day application. Application of Wet & Set tape is simple; it requires only tap water. Once Wet & Set is quickly immersed in clean water, it activates the quick drying adhesive integrating into the wallboard face paper, creating an airtight bond at the wallboard panel joint without the necessity of first applying compound. Traditional taping methods require waiting up to 24 hours for this phase to dry, Wet & Set dries rapidly in less than an hour; allowing bed coat application. Wet & Set is permanently adhered to the wall within an hour. The weekend warrior or contractor now has a high-speed process for taping which requires minimal skill.
Wet & Set was in various big box retail stores distributed through a well known home improvement brand. We have all the pieces in place and seeking a sale to get back to the level of success we were at.
Inventory on hand and ready to be sold and included in the purchase price. We have approximately 10,000 75 foot rolls on hand at a cost of approximately $4.40 per roll with an estimated sales price of up to $15/roll at retail or potentially over $150,000 in sales ready to go. There are numerous other applications or products associated with the joint tape where the rights of such products would all pass to the buyer/distribution partner. The product is currently on Amazon for $12-15 (Wet & Set Water-Activated Joint Tape: Amazon.com: Industrial & Scientific). https://www.amazon.com/dp/B0D465ZCFT
Professional video available upon request.
All historical knowledge of the product, manufacturing contacts, trade names and everything to pass with the sale and or establishment of distributing partner. Seller is willing to stay involved.
The ideal buyer will have contacts in the big box retail stores with a focus on home improvement. Wet & Set potentially has a greater market internationally in developing countries as compared to domestically in the US and Canada.
Wet & Set is a trademarked name with the receipt of royalty from a large distributor.
Ad#:2320948
