New Product - No Competition, High Margins
Location California,United States
Asking Price Range < $250K
Gross Revenues $500000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1990
Number of Employees 1 - 3
Inventory 37500
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Partner wanted.
Description Low cost Walk-in Bathtub for seniors who have difficulty getting in and out of the bathtub. New industry with tremendous growth potential as the boomer generation ages. Worldwide market as well as domestic sales in the US and Canada. Potential customers include builders, distributors, retailers and direct to consumer sales. Profit margin from 100-400% depending on who the buyer is. No competiton in this price range at the present time. Need investment of $57,000 to complete lab approval and pay for the first shipment. Email or contact Morty at 858-395-3516 for more information.
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