Tool Company With Greenfield Upside And Patent
www.GlobalBX.com
Listing ID:
700361628
Listing Title:
Tool Company With Greenfield Upside And Patent
Quick Link:
http://www.globalbx.com/listing.asp?bId=361628
Industry:
Manufacturing
Industry Segment:
Other Manufacturing
Country:
United States
State / Province:
Alaska
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$152,074
Cash Flow:
$46,531
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2020
Number of Employees:
1 - 3
Business Description:
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.
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