Conservation Investment Or Purchase Opportunity
Location United States
Asking Price Range $10.0M - $20.0M
Gross Revenues $47728889
Net Profit / Cash Flow $10233379
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1996
Number of Employees 4 - 5
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Available to stay.
Reason for Sale Capital.
Description This company has developed and patented an award winning device which is designed to minimize or prevent damage caused by leaks in water supply lines and failures in plumbing system components. Using a single installation point, this product continuously monitors all water coming into a building or residence and will automatically turn off the supply of water if the water flow exceeds a preset limit due to a plumbing failure. The owner of the company and holder of the patent to this revolutionary product will either sell his company in total or will accept minority shareholder investments in the business. The future is indeed bright for this company as insurance companies are beginning to realize the value this product in minimizing the millions of dollars of losses incurred annually by undetected water damage. On a prospective basis, post a funding event, the company expects to achieve sales of $47.7M and Net Income of $10.2M by year 5. The company is seeking $5.0M in equity capital to fund the expansion of the business on a national basis. Funds will be allocated as follows: Marketing $1.5M Working Capital $1.5M Operations $1.5M Product Development $250K Contingency $750k. Contact for more information on this Patent for sale.
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