63005 Patented Product Ready For Market
Investors, entrepreneurs, tool manufacturers please take the time to evaluate this unusual opportunity. Our client has invented a unique product. This product has won two HIA awards. The OH&S Innovation Award and the Industry Innovation Award. The product is patented and ready for global commercialization.
Our client has manufacturers in place in China and has tested the product commercially throughout Australia on a small scale. There have never been any product recalls. The product has been well received in the market place and our client has written testimonials available from Distributors with product orders on the increase.
Due to overdue retirement age our client is not in a position to market this product globally or on a large scale and is offering this unique opportunity to the market place for further growth and expansion. Business operations can be from any location worldwide.
Business ceased to trade for a period after stock levels were utilised and there was a substantial period of time throughout which stock wasn’t available to be passed on to retailers.
A new order has been manufactured and is on its way to Australia and sales will recommence again very soon.
Sales at their peak were in excess of $88,000 per annum with average gross profit margins around 60%
Current value of plant and equipment is around $10,000 and stock is around $40,000
Inspection is highly recommended. All reasonable offers will be considered.