Description About This Posting: Manufacturer - Patented Technology For Apple
Manufacturer of Patented Technology for Apple Products Profitable & Growing
This profitable, growing, scalable tech start-up manufacturing company, with a product just approved for sale through Target, can be operated 'hands-on' or on a semi-absentee basis. They developed and own the patents for an all-in-one charging station for iPhone, iPad, Apple Watch, and more. This is the first charging dock to fully charge every current Apple product at once with an optional USB port and headphone stand, while also being a decorative accessory for home or office.
Apple has just upgraded its product line to optimize wireless charging; this company's products now support wireless charging as well.
Started in May 2016, sales in 2016 were $120,479, with profit of $53,856. The first six months of 2017 added another $213,173 to sales, with a profit of $113,300; the Seller anticipates 2017 profits to exceed $250,000. Sales to date are mostly online and are growing month-by-month.
Assets include the company name, registered trademark, design and utility patents, trade secrets, exclusive program files for manufacturing, a full e-commerce website, distributor and buyer contact info, and all equipment needed to manufacture the products. (See the FF&E list)
Target has just approved the product and the company is in the process of getting product for them. Discussions are underway to sell the products through Apple retail stores as well.
Current staff includes four full-time employees working at minimal wage rates; skills and manufacturing operations are easily transferrable to anywhere in or outside North America.
Furniture, Fixtures, Equipment (FF&E) (estimated replacement cost: $150,000+):
- Roland XC 540 Solvent Printer
- Shopbot PRS Standard 96-48-6 CNC Router Gantry Tool
- Tables (11 total)
- Full paint booth (including compressor, paint heads, booth structure)
- Industrial shelves (5'x10')
- Tools (equipped up to a 12 person crew)
- Royal Sovereign Laminator 10010184
- Mac Mini Computer, keyboard and mouse
- LG 27' Monitor
- HP Pavilion 500 (including monitor, mouse and keyboard)
- Dell Optiplex 330 (including monitor, mouse and keyboard)
- Cool Master Elite (including monitor, mouse and keyboard)
- 2000 Chevy Work Van
The asking price is $300,000, subject to competition, negotiation, and terms. The Seller is anticipating a multiple of 4-5x annual profits. All assets are included, except for accounts receivable, cash-on-hand, rental deposits, and inventory (raw materials and work-in-process to be acquired at cost).
Note: All data for this business is provided by the Seller for information purposes only, and NO representations are made by the Broker as to accuracy. The Broker has made NO independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.
To get more information about this Manufacturer - Patented Technology For Apple business for sale in
San Francisco County please phone Tim Cunha (Intermediary, Broker - BRE License #:01919755) at 650-600-3751 and 844-237-6487 TF - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #236210 on BizBen.com. In addition to phoning
Tim Cunha, make sure you email Tim Cunha above to get more info about this
Manufacturer - Patented Technology For Apple, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Purchasing a business with no money down can be difficult, but not impossible. Financing a business purchase or down payment can often be accomplished with these strategies from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 866-270-6278.
Before buying a business, all serious business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity - from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 866-270-6278.
The first thing you should start working on when selling your business is getting your financial statements in order. Having correct, easy to read, simple financial statements Is key in showing interested buyers. Rob Hartman (SF Bay Area Business Broker) shares his experience.
When purchasing a small to mid-szied CA business, there are a many items to evaluate. One area that is often overlooked is the business's office culture. Peter Siegel, MBA with BizBen discusses with business buyers the importance of understanding how the business "feels" on a day-to-day basis.
When selling your small business, you'll be bombarded with questions - from the brilliant to the ridiculous. You need to be prepared. Here are some of the key questions you can expect to be asked. Tim Cunha (SF Bay Area Business Broker at 650-600-3751) reviews many of these possible questions.
Ever wonder what is involved in obtaining business purchase financing to buy a business or franchise? Peter Siegel, MBA who has over 20 years advising and obtaining all types of financing for business buyers in this video/podcast - SBA loans, Non-SBA Financing, Alternative Financing Sources.
How do you value a small business before putting it on the market? Tim Cunha, JD offers 6 items all business owners should consider. Other advisors and business brokers also weigh in on this very important topic especially when over 70% of small businesses never end up selling (due to pricing).