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Available for sale is an established market leader with a unique custom made product and very little direct competition. Recent operations by the founder have aimed to prepare the company for a smooth transition to new ownership while streamlining expenses and operations. Long-term, well established relationships with an overseas family-owned manufacturing and QC partners allow substantial freedom of time for a single owner to focus on growing the business while managing day-to-day operations. Customization, like in house laser etching, and accessories like cables offer customers unique add-ons while increasing already high profit offerings. Most customers are business owners using our products in retail and restaurant brick and mortar establishments. Past customers include an eclectic mix of one-off owner/operators as well as large companies across many market segments including construction, nationwide retailers, and restaurant franchises. Pre-pandemic annual sales exceeded $200,000 with profits over $100,000 including owner salary. Sale of the business includes full federal trademark for the company trade name, Amazon Brand Registry, tools and business assets including a 5'x3' 100W computer controlled Laser etcher, and a recently issued (Dec.2021) design patent issued by the USPTO. The design patent alone required over 2 years and $20,000+ to obtain. Sale price does not include existing inventory (valued at approximately $20,000: replacement wholesale cost) or the CNC machine. Those items are available for purchase at fair market value. Company is currently located in Fort Worth, TX but could easily be relocated anywhere in the USA. Current operations can be housed in a moderate two car garage. Company is ideally situated to be a part time job or side hustle for a solo entrepreneur. Fulfilment can be easily fulfilled by owner or outsourced. Future owners should enjoy working with their hands and relationship sales. Past revenue, tax returns, and company details available by request following a signed NDA. Location: Fort Worth, Texas Year Established: 2016 Number of Employees: 1 Relocatable: Yes Home Based: Yes Facilities: Business assets include all processes, systems, digital assets, branding, e-commerce site, trade name, Amazon brand registry account, tuned Google Adwords account, and S-Corporation. Tangible assets include all specialty assembly tools, branded print materials, packaging materials, spare parts, and a large format 5' x 3' 100w commercial laser etcher/cutter. 4x8 multi-tool CNC machine is available for purchase but not included in sale price. Market Outlook/ Competition: When the company was founded, there was substantial competition in the space. In recent years, while we streamlined production to control costs, our competitors failed to adapt and ultimately pivoted to other manufacturing verticals leaving very little competition for comparable products. Today, our products enjoy strong brand recognition and strong Google SEO optimization. Growth & Expansion: Company is positioned for growth with the foundational work and legal legwork already laid. Growth verticals include re-establishing previous distribution agreements (paused during pandemic), and establishing new connections with new brick and mortar businesses coming online. All products are shipped so business is not tied to a specific geographic area.
Listed: Apr 18, 2022
Updated: 6 days ago
Views: 7
Favorites: 0