Seller's Contact Information
- RE: Low-Cost Water Saving Device For All Faucets
- Contact: Howard Schulman
Quick Facts
Asking Price: | $600,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1991 | |
Employees: | Not Disclosed | |
BBN Listing #: | 6422630 | |
Broker Reference #: | 0101863218 |
Business Overview:
Low-Cost water savings at a price that makes it affordable to a wide range of faucets. No batteries or power required. Design allows full control of a faucet (temperature, rate of flow) without the need to touch anything else. Perfect for industries where sanitation is a priority. Business has been operating but recently closed due to the dissolution of a long-standing partnership. All legal rights are now with the seller including the intellectual property assets. So, What's for Sale? The patents, the full rights to the products, and approximately $50,000 of inventory. What's unique? The sale requires the buyer to give the seller five percent of any sales for the first 10 years of ownership. Please refer to listing #0101-863218, Agent Howard Schulman when inquiring about this listing. Thank you!
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Property Features and Assets:
Type of LocationIndustrial.
Reason for Selling:
Other Business.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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