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Household Electronics Company for Sale in Miami, USA

Miami-based company revolutionizing home workouts with TV mounts for home exercise equipment, seeking investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 20 thousand
Run Rate Sales USD 20.4 thousand
EBITDA Margin 10 - 20 %
Industries Household Electronics
Locations  Miami
Local Time 1:28 AM America / Bogota
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 110 thousand (Native Currency: USD 110,000)
Reason: Investing $110,000 to acquire the business is a strategic move with substantial potential. This inve... View More
Includes physical assets worth USD 110 thousand
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Business Overview
- Miami-based company revolutionizing workouts by transforming exercise equipment into entertainment hubs with their innovative TV mounts.
- Providing fitness enthusiasts with an innovative and immersive workout experience.
- The TV mount is designed to securely attach screens to various home gym equipment such as treadmills, ellipticals, and bikes, enhancing exercise routines with entertainment and motivation.
- Despite minimal marketing efforts, the business has achieved significant sales success, with up to 30 units sold monthly.
- The product is primarily sold through Amazon and has garnered a 4.3 rating on the platform.
- The company's brand is protected by multiple invention patents and is a USPTO-registered brand with its own domain.
- The manufacturing of the product is outsourced from China, with an average product value of USD 10.
- All the employees except the owner are outsourced.
- The promoter is based in Colombia while the business is registered in Miami.
Products & Services Overview
- Innovative TV mounts specifically designed for home gym equipment such as treadmills, ellipticals, and bikes.
- These mounts securely attach screens to exercise equipment, allowing users to watch TV, stream videos, or follow virtual workout classes during their exercise routines.
- Fitness enthusiasts and home gym users who own equipment like treadmills, ellipticals, and stationary bikes can use this product.
- While exercising, users can watch TV shows, movies, follow workout videos, or participate in virtual fitness classes. This helps keep them entertained and motivated, potentially leading to longer and more engaging workout sessions.
Assets Overview
Tangible Assets:
Inventory: Over 2,600 units valued at $110,000 with a commercial value of $ 179,400.
Intangible Assets:
Website: Own domain.
Manufacturer contract.
Patents: USPTO invention patents.
Trademark: Registered brand.
Amazon Rating: 4.3-star rating with 32 reviews.
Market Potential: Access to millions of home gym equipment users in the US.
Facilities Overview
Currently utilizing a 3rd party's warehouse in Miami for inventory storage where monthly charges are to be paid.
Capitalization Overview
Business is self-funded.
No outstanding loans or liabilities.
There is 1 owner, holding 100% shares in the business at this point in time.
Recent Activity
  • Earlier than 15 days
    Sr. Sales Advisor, New York City, Business Broker connected with the Business
  • Earlier than 15 days
    Business Broker, Singapore, Business Broker connected with the Business
  • Earlier than 15 days
    CEO, Miami, Financial Consultant connected with the Business
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3 Buyers already contacted this Business. Register below to connect now!
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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