Business Overview:
The owner has developed a specialty compact yet powerful hoist that saves huge dollars in a mechanics labor cost. This invention is simple to manufacture. It is currently being contract manufactured by a US company, but could be made in China very reasonably. (The Fixtures, Furniture & Equipment is the value of the development costs, drawings, training, web site etc. This value has been put at $50,000 but is worth much more.) The seller has the approval of the US Air Force, Navy, & Army, and they have purchased 30 units. The seller has minimal marketing skills, and the sales are for the entire time they have been in business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Seller works out of a home office. Equipment is manufactured by a contract US manufacturer.
Market Competition and Expansion:
Competition: There is no competition for this unique one of a kind product. Growth and Expansion: This business can generate several million dollars in sales. A great marketing person can sell world wide, to military, government, industrial and commercial heavy equipment repair facilities.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: