Small Manufacturing Company With Patent Protection

Business Overview:

The company operates with a patent-protected product designed to lift trash cans into dumpsters, thereby reducing the risk of injury. Founded by the current owner in 2010, the business initially operated out of a garage but has since moved to a commercial shop in San Angelo, with the option to relocate if needed. The owner, who also works in the business, is supported by one full-time employee.

The product targets institutions such as schools, hospitals, and hotels, as well as any industry with significant waste management needs. It offers a unique solution in the market, providing superior portability and effectiveness in preventing back injuries compared to other products.

The patent for the product is valid until 2030, making it a valuable asset for potential buyers. With effective sales and marketing efforts, and streamlined production processes, the company presents an opportunity to establish a manufacturing business with minimal competition.

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Property Features and Assets:

Monthly Rent: $865.00

Square Units (Foot, Meter): 2,000

Market Competition and Expansion:

Competition: There are no products on the market that match the unique portability and ease of our offering. While competitors provide similar products, none offer the same level of flexibility and convenience.

Currently, the inventor and designer of the product is also the owner and is available by phone 24/7. Each product is custom-made to order, accommodating specific customer requirements. The company prides itself on exceptional customer service, with a personal connection between the owner and customers, who are encouraged to reach out directly as needed. We are a small, veteran-owned business dedicated to providing high-quality solutions.

Transitioning from a custom-order model to a standard product offering could represent a significant opportunity for cost savings and business growth. By standardizing the product, the company can streamline production processes, reduce manufacturing costs, and enhance efficiency. This shift would also simplify inventory management and enable quicker turnaround times for customers. Implementing a standard product line could improve scalability, allowing the company to serve a larger market and potentially increase sales volume.

Expansion: The current owner possesses expertise in product design and manufacturing but lacks sales experience, presenting a significant opportunity for growth under new leadership. A new owner with strong sales skills could significantly increase product sales by leveraging a more strategic and aggressive approach to market penetration.

Hiring a dedicated sales team would enhance outreach efforts, targeting a broader customer base and increasing the company's visibility in the market. This team could engage in direct sales, attend industry trade shows, and build relationships with key decision-makers across various sectors, such as hospitality, healthcare, and manufacturing.

Additionally, optimizing manufacturing methods could lead to greater efficiency and cost savings. This could involve investing in advanced manufacturing technologies, streamlining production processes, or exploring automation options. Outsourcing production to reputable third-party manufacturers might also be considered to reduce the cost of goods sold while maintaining quality standards.

Such strategic changes would not only increase product availability but also improve profit margins, positioning the company for substantial growth in both revenue and market share.

Reason for Selling:

Additional Details:

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