Profits over $130,000 per year. This is a well established manufacturing export business that is run part-time from home. It has patented and exclusive products and owns the world rights to sell Grip Lock.
The Grip Lock was invented in 2001 in New Zealand and is a high quality "Made in New Zealand" item and backed by the New Zealand suppliers. The product reflects quality and consistency in standards which are needed to maintain sales in this global market. Currently the business holds the patents for USA, NZ and Great Britain.
The customer base has grown worldwide and this export market ensures continuity of sales with minimum bad debts. The diverse number of customers and re-sellers is the strength of the business as there is no reliance on any single customer for sales. The risk is spread across a variety of customers around the world.
Being homebased, the business has minimal overheads with excellent margins. Ideally it can be run from a residential property and requires a home office; any unused bedroom would be ideal, and a garage to store a small amount of stock.
The owners have other work commitments outside of the Grip Lock business and estimate that they spend a total 10 - 15 hours per week on Grip Lock.
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Price $299,000 + estimated stock value $60,000
