Newly Established Recreational Products Company for Sale in Oslo, Norway
Norway-based company offering proprietary parenting-tool for special needs kids, global market potential, and experienced promoter.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | USD 3.47 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Recreational Products |
| Locations | Oslo |
| Local Time | 1:44 PM Europe / Oslo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
20.5 thousand
(Native Currency: NOK 212,808)
Reason: For family reasons, there is no capacity to execute the sales, marketing and scaling of this opportu...
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Includes physical assets worth
USD
960
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Business Overview
- Proprietary product: the company owns the rights to an evidence-based parenting and behaviour improvement tool, designed in collaboration with Norwegian behavioural experts, specifically targeting individuals with special needs, particularly those on the autism spectrum.
- Product description: the product is a physical board that utilizes chips to incentivize and achieve agreed-upon rewards. It simplifies behavioural analysis methods, making them easy to implement in practice.
- Company was registered 8 years ago and we have been involved in R&D since then and only have given our product to 5 institutions on a trial basis including a school, health care company and an autism centre.
- Market potential: the product has a global market, and each kit is valued at NOK 790 for consumer purchases and NOK 990 for institutions, presenting a significant revenue potential given the widespread need for effective behavioural tools in the healthcare and education sectors.
- Unique manufacturing process: the boards are machined from a single piece of recycled wood material using CNC technology and are produced in Norway. The wood tokens, a key component of the product, are mass-produced in China, allowing for cost-effective production.
- Sales and marketing: the company has completed the development phase, sold its first complete kits, and is now poised for professional sales, marketing, and scaling, indicating a transition from R&D to commercialization.
- Experienced management: the promoter of the company is a serial entrepreneur with 30 years of experience across in startups, scale-ups and grown-up companies across tech, product and service design, advertising, media, apparel and financial services.
- The promoter is a parent to a child with special needs. After being exposed to the methods and getting to know that they work very well, he developed the tool to make it easy for him, his family and others to use the tool.
- The promoter has also presented the product in the NAFO (Norwegian Behavior Analysis Association) seminar.
- Company is registered and trademarked in Norway.
- In this transaction, the buyer will be getting the company, all its research, brand name, product design, trial results, stock and the e-commerce website.
- Product description: the product is a physical board that utilizes chips to incentivize and achieve agreed-upon rewards. It simplifies behavioural analysis methods, making them easy to implement in practice.
- Company was registered 8 years ago and we have been involved in R&D since then and only have given our product to 5 institutions on a trial basis including a school, health care company and an autism centre.
- Market potential: the product has a global market, and each kit is valued at NOK 790 for consumer purchases and NOK 990 for institutions, presenting a significant revenue potential given the widespread need for effective behavioural tools in the healthcare and education sectors.
- Unique manufacturing process: the boards are machined from a single piece of recycled wood material using CNC technology and are produced in Norway. The wood tokens, a key component of the product, are mass-produced in China, allowing for cost-effective production.
- Sales and marketing: the company has completed the development phase, sold its first complete kits, and is now poised for professional sales, marketing, and scaling, indicating a transition from R&D to commercialization.
- Experienced management: the promoter of the company is a serial entrepreneur with 30 years of experience across in startups, scale-ups and grown-up companies across tech, product and service design, advertising, media, apparel and financial services.
- The promoter is a parent to a child with special needs. After being exposed to the methods and getting to know that they work very well, he developed the tool to make it easy for him, his family and others to use the tool.
- The promoter has also presented the product in the NAFO (Norwegian Behavior Analysis Association) seminar.
- Company is registered and trademarked in Norway.
- In this transaction, the buyer will be getting the company, all its research, brand name, product design, trial results, stock and the e-commerce website.
Products & Services Overview
Our product is a physical board where the player saves chips to achieve agreed rewards.We have created this product in collaboration with Norwegian behavioural experts and is a concrete and effective tool for parents, teachers and other carers.
It makes behavioural analysis methods easy to implement in practice.
It helps reduce negative behaviour, reinforces desired behaviour, helps with the establishment of good habits, provides mastery and visualizes progression and rewards.
Our proprietary product kit (physical product, and board with tokens) has been used by private families (parents of children with special needs) and schools and institutions such as those dealing with people on the autism spectrum.
Our product gives children, young people and adults with special needs a better everyday life.
More about the product:
- The board is milled from a piece of recycled wood material.
- The pieces are made of wood with non-toxic paint.
- The board can be hung on the wall or stand on its legs.
- Simple, visual and effective.
- Designed by the promoter.
Assets Overview
Tangible assets: stock of about 5,000 tokens and a few hundred kits, whiteboard markers and shipping boxes.Intangible assets: the company owns the rights to the product, representing the majority of the value, including the assumed future sales revenue from scaling such sales. We also have an e-commerce website through which the product can be sold and also have an active social media presence.
Facilities Overview
We are operating from a home office in Oslo, Norway.
Capitalization Overview
The company has been fully funded by our founder (through his investment company) as well as through innovation grants (Norwegian state).The company has a debt of NOK 202,808 (≈ EUR 20,000) issued by the promoter's investment company.
Recent Activity
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5 days, 16 hours agoDirector, Construction, Thiruvananthapuram, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Consulting Services, Pondicherry, Individual Investor / Buyer connected with the Business
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