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Bathroom Fixtures Business for Sale in Shimoga, India

For Sale: Patent of a water-saving mechanical device that can be installed in faucets.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bathroom Fixtures
Locations  Shimoga
Local Time 9:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 100 thousand (Native Currency: INR 8,000,000)
Reason: - Plan to work on another project in order to develop another patent. - We are quoting this valuati... View More
Includes physical assets worth USD 1.8 thousand
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Business Overview

- Patent for a water-saving mechanical device that is new in the Indian market and it's not yet been produced by anyone in the country.

- Our mechanical device ensures zero wastage of water when it's connected to the faucet.

- During the pilot test, we installed 70-80 devices at hospitals, malls, religious places and individual houses. Our device is a go green concept and it's a need of the hour.

- We outsourced the production to 5 manufacturers and installed them in the pilot test by ourselves.

- The patent has been filed and we have already received the application number. However, we are yet to receive the certificate. The estimated time to receive the certificate is 6-8 months.

- Once we have an interested buyer, we will transfer the applicant's name to the buyer's name and the patent certificate will be made in the buyer's name.

- Our device has a huge market as it can be installed in faucets at hospitals, malls, holy places, individual houses, or at any place which has a washbasin.

- The buyer gets the patent rights for this product and a stock of 700 unassembled devices.

Products & Services Overview

A mechanical device to be installed in faucets that checks water wastage.

Assets Overview

- Physical assets include a stock of 700 unassembled devices, 1,000 components of the device and 3 dies / molds (tools).

- Intangible assets include patent rights.

Facilities Overview

We do not have an industry setup or machinery.

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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