Business For Sale

Manufacturer of Patented Technology Consumer Prod

San Francisco Bay Area Relocatable, CA
San Francisco County

Asking Price: Annual Revenue:
$999,975 Not Disclosed

Manufacturing: Electronics & Technology

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RE: Manufacturer of Patented Technology Consumer Prod Broker: Tim Cunha
License #: 01919755

Quick Facts

Asking Price: $999,975
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 962639224
Broker Reference #: 5130

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Business Overview:

This profitable, growing, scalable start-up manufacturing company, with a product just approved for sale through Target, can be operated “hands-on” or on a semi-absentee basis. They developed and own the patents for an all-in-one charging station for iPhone, iPad, Apple Watch, and more. This is the first charging dock to fully charge every current Apple product at once with an optional USB port and headphone stand, while also being a decorative accessory for home or office.

Started in May 2016, sales in 2016 were $120,479, with profit of $53,856. The first six months of 2017 added another $213,173 to sales, with a profit of $1134,280. Sales to date are mostly online and are growing month-by-month.

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Property Features and Assets:

Assets include the company name, registered trademark, design and utility patents, trade secrets, exclusive program files for manufacturing, a full e-commerce website, distributor and buyer contact info, and all equipment needed to manufacture the products. (See the FF&E list) Target has just approved the product and the company is in the process of getting product for them.

Market Competition and Expansion:

Current staff includes four full-time employees working at minimal wage rates; skills and manufacturing operations are easily transferrable to anywhere in—or outside—North America. Furniture, Fixtures, Equipment (FF&E) (estimated replacement cost: $150,000+): - Roland XC 540 Solvent Printer - Shopbot PRS Standard 96-48-6 CNC Router Gantry Tool - Tables (11 total) - Full paint booth (including compressor, paint heads, booth structure) - Industrial shelves (5’x10’) - Tools (equipped up to a 12 person crew) - Royal Sovereign Laminator 10010184 - Mac Mini Computer, keyboard and mouse - LG 27” Monitor - HP Pavilion 500 (including monitor, mouse and keyboard) - Dell Optiplex 330 (including monitor, mouse and keyboard) - Cool Master Elite (including monitor, mouse and keyboard) - 2000 Chevy Work Van The asking price is $999,975, subject to competition, negotiation, and terms. The Seller is anticipating a multiple of 4-5x annual profits. All assets are included, except for accounts receivable, cash-on-hand, rental deposits, and inventory (raw materials and work-in-process to be acquired at cost). Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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