Business Overview:
Third party expert valuation on patent $22.13-$24.46 M and trademark 1% market penetration or $36 M. Widespread consumer awareness validated with over 4.25 organic searches for “alcohol hand sanitizer poisoning”! $5 M in organic sales since 2018 (unsupported by marketing funds).
Company owns the BAC (the only FDA allowed) alcohol-free ingredient/hand sanitizer patent with a formula uniqueness and complexity that protects the IP. Known dangers of alcohol in drying hands, wide-spread ingestion poisoning by teens and flammability require BAC as option now to alcohol. Strongest trademark name was selected by largest healthcare organization for its hand hygiene mission statement. Suitor has powerful established platform with many of the major retail and healthcare leaders who approved the product as the best alternative to alcohol.
Some alcohol products were recently recalled with reports of potential class action lawsuits! Proven manufacturer with successful history of quality and quantity alcohol free hand sanitizer bottles in multiple sizes in foam and spray as well as touch free dispensers as the founder, expert, also inventor of touch free dispenser and will support the suitor in the transition and future.
$125,000 filled bottles in stock to ship in 48 hours. $250,000 packaging in stock for production. 45-50% margin and competitively priced.
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Bids are due 5/28/23
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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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