Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840
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BUSINESS PROFILE |
E Commerce Consumer Products Company |
Location: New York State
Years Established: 1 Year
Under Present Owner: 1 year
Gross Sales: $1,636,650 (3 year average projection)
Cash Flow: $502,943 (3 year average projection)
Inventory: $100,000 (Projection)
FF&E: $10,000 (Projection)
Number of Employees: 3 full time, 3 part time
Asking Price: $300,000 for a 30% equity share
Reason for Investment: Expansion by Introduction of additional products
SUMMARY DESCRIPTION:
This firm sells OEM products. It has two USPTO registered trademarks, one for consumer products i.e. KITMASTER and one for Dental/Medical Instruments i.e. TBS INOX. The firm also has a Patent Pending for a new revolutionary dental forceps. It is now positioned to enter the world market (foremost the US market).
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The future outlook is to continue inventing or creating demand for new consumer products and expand the product lines to include home and garden decor, pet supplies, kitchen supplies, automotive and beauty products, to mention a few. The company will sell through Amazon.com and QVC. For its dental products, distributorships will be formed. This firm is currently in the process of acquiring exclusive rights to distribute certain innovative products manufactured in China and South Korea.
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The objectives of this firm are:
1. To enter the retail market through Amazon for its electronic products
2. To develop a distribution network for dental products
3. To finalize exclusive an distributorship for new products developed in China and South Korea
4. To expand the retail market through QVC
5. Raise working capital of $300,000 to accomplish the above objectives
The best profile of a strategic partner/investor would be an individual or group already in the wholesale or retail trade business. If qualified, the investor may be considered for an active management position.
A savvy investor will understand this firm’s strong foundation and his or her ability to complement the owner’s’ vision for expansion. |
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