Decade-Old Company with 90% of Fast-Growing Niche Market
This is a consumer electronics manufacturer of multiple proprietary lines of products and related accessories that work with tablets and computers. It is now dominant in its niche market within the general music industry that is growing rapidly. So far, even though they are quite dominant in their niche (with an estimated 90% of the current market) and have sold to about 250,000 consumers so far, there are an estimated 30 million potential consumers in that niche who have not yet purchased their types of products. The prospects for rapid future growth of sales and profits makes this an ideal acquisition for an individual or corporate acquirer.
The company has just recently completed a groundbreaking innovation that permitted the customization and upgradeability of its core product lines.
The current owner is retiring after nearly 40 years owning and running several successful businesses. The company employs 12-15 employees and is located on the Front Range near Denver.
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Total Sales: $2,750,000
Cash Flow: $325,000
Inventory: $450,000 (Included in Price)