This is a growing and dynamic business; not simply an opportunity. The owner of the company is a medical and scientific leader whose professional focus has been research. After 20 years of development, and of unlimited grant from the government to develop the products, go through clinical trials and obtain FDA approvals, the first patented device went on the market internationally beginning in 2003, then the second device in 2013. One product has no competition internationally, and the other has proven to be the best and safest of any competitors.
The market is immense domestically and internationally, with women between 15 & 55 as the target market.
Administration is done from an office in Del Mar, California with manufacturing outsourced in Los Angeles, and a 90+% gross margin. However, the owner is not a marketing person nor does he have or can establish the type of distribution network necessary to unlock the upscale potential for the company's innovative and proven feminine personal care products.
Note that this is entirely turnkey with the only missing facet being grand scale marketing. Product sales on Amazon are increasing almost on a monthly basis as the word spreads. Reviews are Excellent!
Conservatively stated, tangible assets are $2.784M; and intangible assets about $30M. The time and cost to recreate or reproduce these products including FDA approvals, makes the price nominal by comparison.
A comprehensive marketing strategy has not been developed corporate leadership has not been recruited. Simple test-marketing efforts have demonstrated strong latent demand.
The owner is willing to serve as a Technical Consultant for a 1-2 year period for the benefit of a qualified buyer. Various purchase arrangements may be available depending on the buyer.
Projected revenue and profit for 2016, $760,240/$644,986
Asking Price Between $2,500,000 and $5,000,000
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