Business Summary:
Triple K Industries, Quick-Tach True Tilt heavy duty detachable under-lift towing attachment for both fifth-wheel and box end rigs. With a proven reputation and over 20 years success in the towing industry, the product line has international market potential and comes with a robust intellectual property portfolio. Manufacture is outsourced with minimal final assembly. Company uses commission-based sales agent and and one as-needed assembler; it has almost no work comp expenses. Owner is an active entrepreneur and developer who has moved onto a new product line in an unrelated industry. He is looking to free his energies to work on the new venture. An incredible acquisition for a company with exiting distributorships and sales people or for an individual interested in expanding market share. Previous estimates by outside analyst indicate increasing growth in future sales. Strong profit margin per unit sold.
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| Facilities / Terms of Lease:
Fully relocatable. Assembly is minimal and requires basic skills that are readily taught and learned. |
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| Potential
Growth/Expansion:
Current sales have been limited since owner has moved on to a new product development. Past sales have been between one and three per month with little or no sales effort. Currently is a backlog requests from sales agent for approximately 4 units. Estimates indicate sales can ramp to over 7units per month in US markets alone. |
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| Competition:
There are a few competing product lines in the industry. Some are less expensive with fewer features, but this remains the the best value and most durable in the full featured models. |
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| Reason for selling:
Other business ventures |
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Seller Reference Number: 5401-7365
BusinessMart.com Listing Number: 111626 |
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