WARNING - Don't buy a business until you have looked at this one
Industry: Manufacturing > Other Manufacturing
The seller has a successful track record of providing innovative product solutions to the Utilities community. The patented products combine over a decade of experience in dealing with the challenges that utilities have to overcome day in and day out. The seller has developed, patented and tested a new line of products that is far superior in function and design to the products currently used by utility companies across the US. Products have been introduced to utility companies in isolated markets over the last 2 years along the West Coast and in the South West with great success. Utilities using the new products report a ROI of 7-18 months. Profit margins for the different patented products range from 30% to 60%. The seller wants to retire and also does not have the necessary experience / time to bring his company to the next level. Seller is looking for experienced buyer who can expand the distribution across the U.S. The patented products are available for acquisition with or without associated production facilities.
Asking Price Range: $1.0M - $2.5M
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 2002
Number of Employees: 1 - 3
Current Real Estate: Owned
About The Sale
Management Training and Support: 6 months
Reason For Selling: Retirement
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Print Listing Id: 7009524