Business Summary:
The seller is an inventor & patent holder of this consumer item and has taken this product well past the "concept" stage. The product has a proven track record reflected by the sale of over 104,000 units on QVC TV. This business needs a well-seasoned entrepreneur or business person preferably with a background in distribution sales or large retail experience. Someone with an understanding of the manufacturing process and possibly with contacts in China might be a good fit. If you have the know-how and have successfully taken a product to market before, we'd like to talk to you. Seller is willing to provide 3 years of involvement as the "face" of the invention by appearing on TV, radio, etc. in exchange for a royalty arrangement. Call or contact us now to learn more!
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| Year
Business was Established: 2000 |
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| Number of Employees:
1 P/T |
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| Facilities / Terms of Lease:
Business currently run out of a home office. The product is manufactured in North Carolina location. |
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| Potential
Growth/Expansion:
Virtually unlimited growth potential by establishing new distribution channels for product - establishing retail accounts with large chains. Other growth areas would include catalog sales, increased internet sales and the development of seller's other product concepts based upon original idea. |
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| Owner
willing to finance:
Buy w/$125K down + $3,300/mo. for 36 months + royalty arrangement |
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| Owner
willing to train:
Seller will provide all contacts, will assist buyer in all product knowledge and know-how and will stay on as the "face" of the product by appearing on TV spots, radio, etc. |
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| Reason for selling:
Seller is a wife & mother of 5 small children w/o time to grow business. |
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| This business is Home Based.
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Seller Reference Number: 11307735
BusinessMart.com Listing Number: 34108 |
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