Proven Product with Patent

  • Illinois
  • Cook County
New
Proven Product with Patent

Asking Price: $ 90,000

Cash Flow: $8,000

Gross Revenue: $130,000

FF&E: $

Inventory: $8,000

Year Started: 2011

Business Description

Are you looking for a patented idea that is already proven in the marketplace that you can really scale? If so, this may be the business for you! This product is currently primarily sold through their own website and through Amazon. The current owner does not do much marketing. A new owner could approach retail stores to stock this product, increase social media presence, or add other marketing platforms to really drive up revenue.

The current owner is looking to retire but wants to insure the longevity of this unique product that he created and patented. This business has the manufacturing contract in place with profit margins of at least 35%. This business comes with the website, access to Amazon, current inventory, full utility patent, and tons of potential.

Detailed Information

  • Location: Illinois
  • Industries: Retail
  • Age of Business: 14
  • Reason for Selling: Retirement
  • Seller Financing: No
  • Established After Year: 2011

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