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Asking Price: $250,000

New Price World-Class Bicycle Lock Manufacturer

Not Disclosed, NJ
Hunterdon County

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-999544Seize a unique opportunity to acquire ownership of one of the world's premier bicycle lock manufacturers. With a remarkable 12-year track record, this business not only manufactures and supplies exceptional bicycle locks to the public but also maintains strong wholesale partnerships with retailers. Renowned for their superior quality, the locks offered by this company have garnered a reputation as some of the finest in the industry. Boasting utility and design patents, included in the offering, their products stand out from the competition. Leveraging a robust global brand name (trademarked) and a well-established distribution network, this business is poised for continued success. One notable advantage lies in the flexibility of manufacturing operations, which can be easily outsourced or relocated. In fact, the business has secured a solid relationship with a reputable lock mechanism supplier based in Taiwan, capable of producing and shipping complete locks in container load quantities at competitive price points. This option grants the buyer the freedom to choose between domestic or international manufacturing. The paramount importance of supplier logistics is recognized and well-managed by the business, with strong relationships established with key vendors.

Cash Flow $81,400
Revenue $365,500

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