Business Summary:
We manufacture an incredible line of reusable heat packs that sell themselves! We offer 13 sizes that are designed to relieve pain in every area of the body. They are trigger-activated and require no electricity or microwaving. They provide easy mobile and transportable therapy. They reach 130 degrees with each use and are made of medical grade vinyl. The ingredients are non-toxic. The consumer price point is affordable and they come with a lifetime guarantee. 100% of the product is made in the USA. Founded in 1984, the business has been under current ownership since 2008.
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| Year
Business was Established: 27 |
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| Number of Employees:
2FT/16PT |
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| Facilities / Terms of Lease:
Building: 4,128 SF
Lease: Through 2014 |
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| Potential
Growth/Expansion:
This company will continue to grow by expanding the existing sales strategies that are in place and adding others that are established, but not yet implemented by current ownership. Capital infusion by new ownership will accelerate growth |
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| Competition:
We are the only manufacturer in the United States. Competition is a China made product. |
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| Owner
willing to finance:
52% cash / 48% seller note over 5 years at 6% |
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| Owner
willing to train:
Will train new owner for an agreed upon period of time |
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| Reason for selling:
Other businesses owned |
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Seller Reference Number: 23222508
BusinessMart.com Listing Number: 111089 |
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