Salt Lake County, UT Medical Device and Product Manufacturers For Sale

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5Handheld Cosmetic Beauty ProductHandheld Rechargeable Cosmetic/Beauty Product
$650,000
Handheld Cosmetic Beauty ProductHandheld Rechargeable Cosmetic/Beauty Product

Salt Lake City, UT

We are offering an opportunity to bypass the time and cost associated with engineering, development and manufacturing a handheld rechargeable cosmetic/beauty device. We are selling our Intellectual Property (5 patents), our Stock of Devices ($300,000) and our expansive "beauty" media library (valued at over $250k) for a total of $650,000. This is would be a Non-negotiable cash deal. Please do not contact us unless you are a serious buyer. Our Media assets are valued at over $250,000 (nearly every important beauty magazine AND Beauty Blogger in the industry has written about us), We have a 30 sec TV commercial featuring Mario Lopez on EXTRA as well as a couple 3-4min professional video spots that include a Hollywood actress, Hollywood make up artists and a couple celebrity MD dermatologists/plastic surgeons. We also have a 1st place award from OPRAH Magazine's "Best of" beauty products as well as a FIRST place FITNESS magazine beauty award. We have $300,000 of STOCK on hand ready to be sold and 5 patents worth over $100,000 each. This is truly an opportunity to step in and grab our ASSETS and product base without having to design it, develop it, manufacture it, hire it and build it. ABOUT US: Our company designed the first handheld rechargeable microdermabrasion device on the market in 2013. Our device has several design patents and a cult-like following in the industry. While there are now several copy-cats, we are the original. Our device is a small handheld cordless product powered by Lithium-Ion with a universal USB port. Our product comes with various interchangeable tips for different body parts (face, acne, stretch marks, cellulite). The device is based in Microdermabrasion and Cellulite treatment. Our most popular tip and highest selling product is the ACNE product. It was designed in the USA and is now manufactured for us in China. Our device has been endorsed by celebrities, world-renowned dermatologists and plastic surgeons. Following an aggressive media blitz after launch, we won the OPRAH Magazine head to head competition for the best microdermabrasion tool on the market and also placed FIRST in the annual FITNESS MAGAZINE beauty awards. We have listed this sale as an "asset sale" because, despite doing over $1M in our first year in business -- the industry suffered a set back when every Microdermabrasion product was sued for Patent Infringement in 2013. The Industry (led by Rodan & Fields and our company) battled the lawsuit for 2 1/2 years only to "give up" in the end due to the cost of litigation. The Patent Troll group had a law firm willing to outlast everyone else -- so the industry gave up. This result removed our microdermabrasion tool from active marketing for nearly 4 years. It is important to note that the Patent (of which the Patent Troll group used), expires in late 2018. It is also important to note that our company owns a couple patents for Cellulite treatment (interchangeable tips that fit on to our handheld product) and Cellulite was not included in the broad market-based Microdermabrasion patent infringement fight. Our revenue for the first 3 years in business despite the Patent Troll Lawsuit shutting down our marketing was: 2013: $1.1M (Sued for Patent Infringement 6 months after launch) 2014: $700k (Fought the Patent Trolls) 2015: $400k (not marketed while fighting Patent Trolls) 2016: $250k (not marketed while fighting Patent Trolls) 2017: off market 2018: off market (Late 2018, Patent Troll's Patent EXPIRES) 2019: Freedom to Operate moving forward without barriers


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