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New Company With Product Ready For Patenting

Location  United States
Asking Price Range  < $250K
Gross Revenues  $150
Net Profit / Cash Flow  $75
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2010
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Will offer anything I can to help
Reason for Sale  The company needs someone who can take it to the next level of growth

My name is Drew Tuttle and my company is Polite Light. I invented this unique product that has a very good profit potential for the person who has the skills to grow a company. Polite Light is a cool novelty item that goes on a vehicle and allows drivers to flash a message to other drivers. Examples: If you accidently cut someone off you can tell them sorry, or you are a sports fan and want to flash your team spirit to others. The uses are limitless. Included in the sale are all proprietary information and ownership including trademarks and prior patent pending filings. It has a full functioning website with several domain names, and over 400 electronic units that can be sold or used as demo units. In addition any support I can offer to the buyer will be included. Polite Lights target market is any driver who wants the ability to communicate to other drivers, or would like a decorative decal that has a secondary purpose of courtesy and style.  Schools and Universities as fundraisers  Promotional items for businesses and sports teams  Direct sales to consumers via website Financial Profitability Summary: With production and manufacturing costs the Gross Profit Margin is between 100-200% at a retail value between $19.99-29.99 There is a strong psychological value of the Polite Light in promoting safe driving. This can be demonstrated by the two U.S. Universities that are open to launching a study on the Polite Light and publishing articles on its affects. Virginia Tech University and East Tennessee State University The studies would require donation of the products. If you have any questions send me an email and I will get back to you as soon as I can. Please contact at 614.599.2088.

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