Listing ID: 80668

Business Overview

Geographical Territorial Areas Available: US – Hawaii (1 license)

A global leader in innovative storage and building solutions. This award-winning company has a track record of awards, achievements, and recognitions tracing for more than a decade and it continues to develop strong reliable products offering storage and building solutions in commercial and home use space. The company is consistently revolutionizing the art in storage space and building solutions. More importantly, its functionality, performance, and craftsmanship. Additionally, their clients have trusted their products and have received numerous testimonials.

The company is selling their Area License Agreement for specific agreed territorial geographical areas. This is a great investment for companies who consult in fit-out or create innovative designs and see future opportunities in innovative creative spaces and other future expansion designs.

Designed and patented in Australia including the United States. Opportunities to acquire the Master License Agreement is available for a larger market operation, multiple accumulative earnings of sublicenses, and many other benefits.

Our products are used for:

Gyms
Sporting clubs
Nursing homes
Healthcare – Physio/Rehab
Hospitals
Schools
Offices
Homes /Garages

For as little as $35,000 USD you get

5 – YEAR License for exclusive distribution of the SIS Patented product in an agreed area
Access to all products at wholesale prices with roughly 50% Gross Profit Margin
Extensive product training and ongoing support
Multiple income streams – Product profits, installation profit, online sales in your area,
Access to all SR Collaterals including marketing packs, website, quote books, professional product photos, catalogues, installation videos & documentation, technical documents, licenced use of patent data, IP and more
Unlimited target markets for ‘The SOLID INFINITY SYSTEM’

Access to new product lines our latest being the Stainless steel watercraft systems

Claim your Exclusive Territory Today visit https://solidracks.com/get-a-license/

Phone (808) 999-7032 or email arlene@xcllusivebusinessbrokers.com

SOLID RACKS 3D ANIMATION: https://youtu.be/p0nLWadzGOY

SOLID RACKS GYM AND STORAGE SOLUTION: https://youtu.be/01mZP63JHjg

Financial

  • Asking Price: $35,000
  • Cash Flow: N/A
  • Gross Revenue: $400,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2007

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A

Additional Info

The company was founded in 2007, making the business 15 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals decide to sell companies. However, the genuine factor vs the one they say to you might be 2 totally different things. As an example, they might say "I have too many various obligations" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may just be reasons to attempt to hide the reality of changing demographics, increased competitors, recent reduction in profits, or an array of various other factors. This is why it is really essential that you not depend completely on a seller's word, however rather, use the seller's solution combined with your general due diligence. This will paint an extra practical picture of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses finance loans in order to cover items like inventory, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can indicate that revenue margins are too thin. Lots of businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that have to be satisfied or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract new clients? Often times, companies have repeat consumers, which create the core of their everyday profits. Specific elements such as brand-new competitors sprouting up around the location, roadway building and construction, and staff turn over can influence repeat clients and negatively influence future incomes. One essential point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the higher the chance to build a returning consumer base. A final idea is the basic area demographics. Is the business placed in a densely populated city, or is it located on the edge of town? How might the local mean family income impact future income potential?