"IOT" Consumer Product Seller/Mfr

Listing Number: 8953-210330

Description

With over $3M in revenue in 2018, this business is a national player in the "internet of things" product market. The products allow people across the world to connect with each other in a meaningful way without calling, texting, Facebooking, etc. This company's products provide the unique ability to just say "Hello, I'm thinking about you" instantly and personally. Patent pending technology is part of the opportunity and positions the company for many future product and market opportunities. The production is done in the USA, but could be relocated. Software and servers are also located in the USA. This company presents a terrific opportunity to continue as a stand-alone business as well as a bolt-on to an existing company.

The owner is interested in continuing with the business in a creative consultant role.

Listing Details

  • Price: $2,900,000
  • Down Payment: $2,900,000
  • Sellers Discretionary Earnings: $1,243,073
  • Total Sales: $3,326,215
  • Location: Sedgwick County, Kansas

  • Inventory: $600,000
  • FF&E: $0
  • Employees: 15
  • Year Established: 2016
  • Reason for Selling: other business interests
  • Category: Manufacturing

Business Listed By:

Todd Bailey