Business Summary:
The owner has developed a specialty compact yet powerful hoist that saves huge dollars in a mechanics labor cost. This invention is simple to manufacture. It is currently being contract manufactured by a US company, but could be made in China very reasonably. (The FF&E is the value of the development costs, drawings, training, web site etc. This value has been put at $50,000 but is worth much more.) The seller has the approval of the US Air Force, Navy, & Army, and they have purchased 30 units. The seller has minimal marketing skills, and the sales are for the entire time they have been in business. If you are a metals manufacturer, or you have the marketing skills to drive this business, and you have the money, contact me ASAP, Neil Meislin, 315 732-1439.
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