Patented Brake Manufacturer
Listing #
723
Web ID: 5079
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Listing Information |
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Biz Address |
Hubbard,
Ohio
United States |
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Type of Seller |
Owner |
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Business Model
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Independent |
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For Sale / Investors |
For Sale |
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Business Details |
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Asking Price |
$300,000.00 |
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Value of Assets |
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Average Value of Inventory |
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Will Consider Financing |
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What % or $ Amount |
0 |
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Will Remain For Transition |
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Owner would like to continue to use patent for the owner’s small electrical company. The Owner will help the buyer with the transition. |
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Will Accept Non-Compete |
Yes |
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Formal Biz Valuation |
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Business Description
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This business understood from its establishment in 1999 the flaws that plague A.C. and D.C. brakes that are used in conjunction with crane motors. This business identified the flaws in these brakes and set to redesign the brake. Their product was so amazing that a patent was obtained. Their brake has a long list of advantages over other D.C. and A.C. Brakes. One of the biggest advantages is that their brake does not need frequent repairs and replacement parts. Their brake can be produced and any size. The owner is seeking to sell this business which includes the patent of their revolutionary brake. |
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