VR | Valued Representation: Office Locations | Contact Us | Home

Patented Product with Clinical Studies for Sale in Jacksonville, FL.

Reference #: 117
Location: Jacksonville, FL.
Price: $299,000
Amount Down: $149,000
Revenues: $272,000
Discretionary Earnings: $168,400
Total Assets: $0
Business Description:

This patented , established product/system  was acquired by the current owner just 3 years ago. It did nearly $1M revenue the first year after he acquired it but sales have  fallen off since then  as the owner has been pre-occupied with personal issues. The Customer list includes hundreds of hotels, motels and correctional institutions. There are 3 patents on the product/system as well as a laboratory report of its effectiveness in a detention facility. The Company needs a new owner to prime sales and restore the company to its former position. Owner will finance half the Purchase price


Contact Us About This Business For Sale

The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.