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Business for Sale Overview:

This profitable corporation in New Jersey manufactures a portable well pipe extractor designed for easy, one-person mobility. An owner had been in the water well industry for over 35 years and saw a need for better well equipment retrieval machinery. He built a unique machine for his own use and began marketing it to the industry about 15 years ago only after his employees encouraged him that it would help others doing similar jobs. The machine is easy to use, provides maximum traction, a shorter set-up time and automatically adjusts the tension on the pipe. The business uses only the best materials to construct the machines. They have a full range of built-in features and optional accessories. None of the machines has ever been returned due to customer dissatisfaction. The corporation has three patents on the product and the name trademarked. Gross annual sales increase each year, and the business still has great potential for additional growth that the owners, having limited resources and time, are unable to approach. The owners expect sales to jump with additional marketing and placement of the product in strategic supply houses. The corporation’s current marketing has helped the product gain recognition in the industry, even being featured in trade publications.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.