Business Overview

EXCELLENT E-COMMERCE BUSINESS OPPORTUNITY!

We are a Chicago-based company developing unique, tech savvy products that fundamentally improve the experience people have with their mobile phones and tablets. We have an established base of loyal customers and continue to win market share with our feature rich, award-winning product lines. Mobile productivity comes back to life at Lynktec.

We have designed a unique patented stylus with capabilities both as traditional pen and electronic stylus in one unit. Originally picked up by Cross Pen and now sold independently. Along with this product, the line includes other low-cost stylus designs and a Wall Street Journal award for best tablet stand on the market.

The products are sold via store website B2C, Amazon, Grainger, with contracts with Amazon Vendor and others. Brand and web site are well established. Excellent margins, well established supply chain out of China and Taiwan, business can be run with one or two people from home or a small office or absorbed into other product lines.

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Financial

  • Asking Price: $500,000
  • Cash Flow: N/A
  • Gross Revenue: $440,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2012

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:1
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

owner to assist up to one month

Purpose For Selling:

Passionate founder passed away suddenly, looking to keep his legacy alive.

Pros and Cons:

Adonit and Wacom

Additional Info

The venture was started in 2012, making the business 10 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell operating businesses. Nevertheless, the true factor and the one they say to you may be 2 entirely different things. As an example, they might state "I have too many other responsibilities" or "I am retiring". For many sellers, these factors are valid. However, for some, these might just be excuses to try to conceal the reality of transforming demographics, increased competitors, current reduction in earnings, or a range of various other reasons. This is why it is really important that you not depend totally on a vendor's word, however rather, make use of the vendor's solution together with your overall due diligence. This will repaint a much more practical picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Many companies borrow money with the purpose of covering items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can indicate that revenue margins are too small. Many organisations come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that have to be fulfilled or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract brand-new consumers? Many times, operating businesses have repeat clients, which form the core of their day-to-day revenues. Specific elements such as brand-new competition sprouting up around the area, road building, and staff turn over can affect repeat clients and also negatively influence future earnings. One important point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Obviously, the more people that see the business regularly, the better the opportunity to develop a returning customer base. A final idea is the general area demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? How might the regional mean household income effect future revenue prospects?