Price: N/A
Location: Massachusetts
Industry: Medical Devices and Products
Listing ID: 42734630
Listing Status: New
Third party expert valuation on patent $22.13-$24.46 M and trademark 1% market penetration or $36 M. Widespread consumer awareness validated with over 4.25 organic searches for “alcohol hand sanitizer poisoning”! $5 M in organic sales since 2018 (unsupported by marketing funds).
Company owns the BAC (the only FDA allowed) alcohol-free ingredient/hand sanitizer patent with a formula uniqueness and complexity that protects the IP. Known dangers of alcohol in drying hands, wide-spread ingestion poisoning by teens and flammability require BAC as option now to alcohol. Strongest trademark name was selected by largest healthcare organization for its hand hygiene mission statement. Suitor has powerful established platform with many of the major retail and healthcare leaders who approved the product as the best alternative to alcohol.
Some alcohol products were recently recalled with reports of potential class action lawsuits! Proven manufacturer with successful history of quality and quantity alcohol free hand sanitizer bottles in multiple sizes in foam and spray as well as touch free dispensers as the founder, expert, also inventor of touch free dispenser and will support the suitor in the transition and future.
$125 K filled bottles in stock to ship in 48 hrs. $250 K packaging in stock for production. 45-50% margin and competitively priced.
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Bids are due 5/28/23
Down Payment: N/A
Total Sales: $4,053,520
Cash Flow: $806,855
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: $440,000
Inventory Included: Yes
Year Established: 2017
Year of last Acquisition: 2017
Non-Owner Payroll: N/A
Lease Option: Available
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $1,350
Type of Location: Warehouse
Square Footage: 1600
Franchise: No
Relocatable: Yes
Training & Support: Training will be provided for 2 weeks.
