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Bathroom Fixtures Company Investment Opportunity in Toronto, Canada

Pre-revenue startup developing hands-free toilet seat devices, seeking investment to initiate operations and market entry.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bathroom Fixtures
Locations  Toronto
Local Time 3:07 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 144 thousand for 30.0% stake (Native Currency: CAD 200,000)
Reason: The company is seeking investment to launch operations. Funds will be used for hiring staff, marketi... View More
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Business Overview
- The company is in a pre-revenue phase.
- Its primary service will be designing and manufacturing hands-free toilet seat devices.
- These devices are mainly targeted at hospitals and senior homes.
- They enable hands-free opening and closing of the toilet seat and use motion-sensor technology to minimize aerosols.
- The product helps in minimizing germ transmission and can be installed on any toilet seat.
- The company is currently in the process of obtaining patents in the UK, USA, and Canada.
- The company is registered as a C-Corp.
Products & Services Overview
The primary offering will be designing and manufacturing hands-free toilet seat devices, mainly targeted at hospitals and senior homes.
Assets Overview
- The business has no tangible assets.
- Intangible assets: C corp entity.
Facilities Overview
The company does not currently have a facility and will establish one.
Capitalization Overview
The primary shareholder holds 70%. One shareholder holds 20%, and two shareholders hold 5% each.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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