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Motorized Beach And Utility Cart Business With Patent For Sale

Mercer County, New Jersey, US
Asking Price:
$995,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$32,025
Cash Flow:
$59,500

Valuable Patent Included in Sale of Business!

This Inventor manufactures a patented electric rechargeable utility cart that can assist people in moving heavy or oddly shaped items not easily carried.

Used by families with young children, the elderly and anyone who could benefit from its ability to make light work of moving items across smooth or rough terrain.

This utility cart has been used primarily on the beach, but can also be used for many applications including:

Camping
Groceries
Tools/Equipment
Carrying specialized equipment on site (DJ, Photographer, Cleaning, etc.)

Contact us for a FULL CONFIDENTIAL INFORMATION MEMO (CIM) with more details and financial projections – 5 Year Revenue Potential of Nearly $90 MILLION!

Business Operation

Expansion Potential:

Tremendous potential for growth as the product has only scratched the surface of demand.

There has been little to no marketing to date, yet demand has been steady at several hundred units per year. Focus on other outdoor recreational activities and strategically marketing to target demographics are areas of future growth.

Currently the focus has been regional in the United States, however international expansion is another growth strategy.

Competition / Market:

The Product is Patented - there are NO other practical or affordable motorized beach carts on the market today. There are motorized wagons and wheel barrels at a much higher price point but NOTHING like this versatile utility cart!

There are SEVERAL KEY PLAYERS in the non-motorized beach cart market with estimated annual sales in the Millions and growing!!

Reasons for selling:

Founder/Inventor - Retiring.

Trading hours:

Monday-Friday 9am-5pm

Employees:
0
Years established:
11

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

The product is manufactured in such a way that provides a professional output for the end user.

A company with specialized manufacturing skills and best practices would be required to bring this product to the next level. This specialization would also significantly reduce production costs which would maximize profits.

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Murphy Business & Financial

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