Business Overview:
This unique, patented essential oil extractor fits into a microwave and extracts scented oils from plants such as lavender, mint, rosemary, and many others. Sold as oil extraction kits for the making of homemade essential oils for a variety of uses such as massage, aromatherapy, alternative medicinal purposes, crafts such as soap making and scented candles as well as use in schools for STEM education. This product is ideal for the beginner who is interested in learning more about creating and using essential oils or the skilled essential oil enthusiast. The sales price is negotiable and the sellers are going to market without an established price. All offers will be considered. Sale includes all intellectual property.
A sustainable engineering research program conducted at Oregon State University led to the invention of this extraction equipment and was then patented, and a business was formed for small scale manufacturing and sales of the equipment to wholesale distributors and on-line direct to individuals. The owners have identified a market need and are seeking a buyer who would have an interest in expanding the manufacturing, distribution, and sales of the product.
The extraction process using this equipment is far faster, dramatically easier to prepare and clean and significantly less expensive than all the alternative extraction systems on the market the purest oils in their purest form. Use of essential oils is a growing industry. This product is unique and would provide individuals the opportunity to make their own oils at home through a quick and easy method with their own microwave and plant ingredients. An opportunity to disrupt the essential oils market with a DIY product. Sale includes patent, inventory, and training. Business can be relocated anywhere and easily be a home-based business, or a product add on to other manufacturing, distribution businesses.
Favorable shifts in consumer demand and market expansion have helped the essential oil manufacturing industry grow over the five years to 2020. This product is ideal for essential oil enthusiasts who have an interest in easily creating their own products. Included in the sale are rights to the intellectual knowledge for two additional unpatented oil extraction products that can be released to the market in the future. The sellers are open to providing various levels of support to assist the buyer in further developing the business/product lines by offering their expertise in manufacturing, science and technology.
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Reason for Selling:
Retirement
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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