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Medical Supplies Business for Sale in Mumbai, India

For Sale: Two US design patents and two trademarks for an innovative orthopedic seat cushion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Medical Supplies
Locations  Mumbai
Local Time 3:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 25 thousand (Native Currency: USD 25,000)
Reason: The founder plans to retire in the near future.
Includes physical assets worth USD 10 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Sale includes two US design patents and two US trademarks, product samples, drawings, product pricing details, contact details of manufacturers of production machinery, and mold suppliers.

- Inventor is willing to offer consultation during procurement of machinery, installation, and trial production for a monthly retainer to be negotiated separately.

- Founder has manufacturing expertise and knowledge of European, and North American markets.

- Founder/Inventor is an engineer and was an NRI till Nov 2018. The project was developed in the USA for a long time.

- Founder has invested USD 80,000 of his personal capital in developing the complete product basket.

- Business is not operational.

- Founder is an IIT-BHU engineer and has complete knowledge of contract manufacturing seat cushions for the healthcare industry in the USA and Canada.

Products & Services Overview

The business had planned to manufacture seat cushions based on orthopedic needs. The product basket would have comprised five different models and multiple SKUs for eight different market segments. Products were offered as comfort accessories for homes, offices, and travel (as preventive healthcare comfort accessories) and as medical devices for the HME/DME segment (coccyx cushions and wheelchair cushions).

Assets Overview

Two design patents and inventory of 500 seat cushions in Boston USA.

Facilities Overview

Founder is currently operating from a home office in Mumbai.

Capitalization Overview
Not Disclosed
Recent Activity
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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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