Business Summary:
This is a rare opportunity for an entrepreneur or established company to purchase the inventory, patent and domestic and international distribution rights to a unique and exciting product that has been through the initial stages of research, development and manufacturing. The product has many possible uses, but the inventor was only able to focus on one market that showed promise which turned out to have a disappointing distribution system. Unfortunately, product development and exploring this market exhausted the financial resources of the company.
The eco-friendly solar-powered unit was designed to play audio/video presentations to viewers in various outdoor settings such as memorials, cemeteries, pet cemeteries, federal, state or city parks, museums, golf courses, ski areas, botanical gardens, marinas, and real estate for sale — just to name a few. A new owner would be able to take this product to the next level of identifying uses for the product and targeting many different national and international markets that have not been approached.
The product is manufactured in China and inventory is presently stored in Denver and Miami locations. The company can be located anywhere inside or outside of the country. Over $800,000 has been invested in the research, design and development of the product including the patent process and initial trial marketing expenses. Included in the sale are the mold, inventory (920 units) and exclusive manufacturing and distribution rights to the patent. Buyer for this business would need ample working capital to reach the many markets available.
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