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Tool Company With Greenfield Upside And Patent
Location: United States -> Alaska
Industry: Manufacturing > Other Manufacturing




Business Summary

Acclaimed and patented device for repairing fouled compression fittings quickly and easily while in the field or on-site is a must-have for every toolbox. Every repair scenario from military to civilian, automotive to aerospace, backyard to industrial, or any other conceivable application utilizing compression fittings realizes cost benefits from this time-saving tool.

Developed by an industrial gas turbine master mechanic based on a mission-critical need he had personally experienced or frequently witnessed in the field. Essentially this is a pilot die and lapping tool for field repairs to compression fittings and it sells itself to professional mechanics and engineers in every field. It has been manufactured on a limited production basis in the USA for several years.

Mechanics and inventors are not generally experts in marketing, distribution, or sales channels, and this is true of this offering. The seller would receive a payment based on the value of the existing business and receive a royalty on a per-unit basis. The estimated international market in terms of unit sales is in the millions.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $152,074
Cash Flow:   $46,531
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $226,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  6 weeks
Reason For Selling:  Needs Marketing Assistance

Photos

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Tool Company With Greenfield Upside And Patent Photo 1




Print Listing Id: 700361628
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Also See: Franchise Opportunities > Franchise Resales > Alaska Businesses For Sale > Alaska Franchises For Sale > Alaska Business Brokers



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