Smart Faucet Device Manufacturer for Complete Exit

Listing ID: SL008709
Posted By: Owner
Last Active: 1+ year ago
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About Business

Modern Day Faucet- (A water saving device) A pure mechanical device which checks water wastage

Clientele type

Every Household, local hotels, mosques and hospitals. Already forms a strong local client base Sold around 75 devices in just 3 months.

Premises

We don't have any industry setup or any machineries. We are getting our production done from various industries from outside and we only kept assembly in our hands. The assembly line is setup in our own premise.

Asking Price Includes

All stock in hand around 700 Devices+ 1000s of additional Components of the device. All the available dyes (tools) All our patent rights, and manufacturers database Asking price: Negotiable

Reason

To focus on our next project

More Details

The company started operations in March 2020. Before that, the founder/Inventor of this device spent more than 12 months in RnD. They want to sell the entire business (Patent rights) of this product. Since it's a patented technology, there will be no competitors in the market for this product. They are the 1st and only manufacturer of this product. This product is not yet produced in India. It's a Go Green Concept and the need of the hour Device Costings Manufacturing cost of this product is approximately INR90-100 Sale price of this product is INR400 Plus Founding Team The partner who has designed and created the smart Faucet is a Mechanical Engineer. Other partners look after Finance, Marketing and Business Development. In addition to 4 partners, they also have 5 workers and 5 technicians working full time

Business Tags

Business for sale in India Fresh Concept High growth potential in growing industry License sale New Business Newly established Company Newly Started Patent Profitable Very Huge Profit margin

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

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