Revolutionary Proprietary Self Seal Tire Product
Location British Columbia,Canada
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 1 - 3
Inventory 100000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Negotiable and may also entertain consulting contract for future development.
Reason for Sale seeking a partner
Description The technology has huge potential and is currently considered a sleeping beauty. The inventor has generated early stage revenue and his objective is to achieve growth by selling 90% of the technology/manufacturing plant to someone with experience in the commercial transport industry and working capital that can provide assistance in scaling up sales, manufacturing and establishing distribution channels that sets the company as a major global distributor of its products.The company is based in Vancouver, BC, Canada. The inventor has
developed a revolutionary new self seal tire management solution gel that is 100%
environmentally safe, biodegradable and has far superior performance to
any other product in the market place. The inventor received product
development funding from the Canadian National Research Council and Scientific Research and Experimental Development of Canada.
The product is commercially proven and tested with real world customers
and endorsements. The manufacturing facility equipped with an in-house
laboratory and can presently undertake small scale commercial production
of four formulations: Commercial trucking, Industrial/OTR, Mining rim
conditioner and Military/Ballast. The manufacturing can be expanded to include a
different formula designed for passenger cars, Minivans, motorcycles and light air
craft high speed pneumatic tire applications.
All formulations are 100% environmentally safe, non-toxic, biodegradable and are
MSDS classified as Not Controlled.
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