Business Category: Manufacturing Businesses, Miscellaneous Manufacturing, and Transportation Equipment
City/Region: Kent County
Equipment Value: $20,000
***Special Note: In a victory for small business buyers, the recent $900BB stimulus bill directs the SBA to pay the first 6 months of new SBA 7(a) loans approved between February 1 and September 30, 2021 (up to $9,000/month). Our advice: Don’t wait. Find a quality business and get moving quickly. Banks will be busy this year and buyers that wait until July/August will likely lose out.
This Company created the first fully automatic heated wiper blade that is self-regulating and easy to install. The Company was founded in 2011 by an entrepreneur and business owner. The owner’s goal was to invent and perfect his product, not start a business. However, his one-of-a-kind, patented heated wiper blades have grown in demand as it is an application that has yet to hit the market until now. The heated wiper blades are sold on the Company’s website and Amazon.
This is an opportunity for an investor to acquire a unique Business that has a tremendous amount of growth potential. The owner has developed a patented product that is new to the marketplace; however, he has not cared to market or actively sell the product. This provides an investor with a terrific opportunity to hit the ground running with a unique product that has a global application to the general public, truck and bus operators, and municipalities.
The owner of this business is also the owner of two other MI-based businesses that operate in different industries. All of the owner’s companies were built on a single product that was invented to help solve a problem. The owner has been an inventor, engineer, and machine builder for most of his life. While the owner enjoys building companies around his products, he is admittedly not a businessman at heart. All of his businesses have grown, it has taken an increasing amount of his time and energy. Having established the Company’s direction and mastered the product, the owner is ready to sell the Company to a capable new owner so he can focus on new and existing inventions.
Opportunities For Growth:
(1) Implement Online Marketing Initiatives and Website
(2) Diversify Product Offering
(3) Invest in Equipment and Sales Personnel
(1) First Fully Automatic Heated Wiper Blades
(2) Product and System Patents
(3) Niche Company with Low Overhead
(4) Global Market Application
Real Estate Available: N/A
Reason For Sale: Pursue other endeavors
Number of Employees: 1