Denver Area, Proprietary Technology, Multi-Platform Online Sale
This is a consumer electronics design, manufacture, sales & marketing firm that builds their own proprietary technology into multiple lines of remote-control products and related accessories that work with tablets and computers. It is now dominant in its niche market within the music industry and has sold to over 250,000 consumers. There are an estimated 30 million potential consumers in that niche who have not yet purchased. The prospects for future growth of sales and profits makes this an ideal acquisition for an individual or corporate acquirer.
The company has recently completed a major 3-year R&D project that evolves the product line to an extensible ecosystem that can be adapted to many markets from industrial to medical to and from pro audio to assistive technology.
This company is skilled at drawing on their partners’ strengths and has curated a network involving longtime and well-trusted suppliers, contract engineers and manufacturers, and retailers/distributors.
They have also established an automated D2C sales system on multiple online channels that can easily be scaled to handle growth.
These unique and exclusive assets are key drivers in the value and future potential of this company that is now poised for its next phase of a strategic brand-marketing and business development focus.
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: $2,100,000
Terms and Conditions?:
Inventory not included in asking price