Undisclosed West Union, IA 52175

Property Details for 0 Undisclosed

Property type

Commercial real estate

Description

This pre-revenue bakeware business, based in West Union, IA (zip code 52175), is offered for $150,000, with $115,000 seller financing available. The business includes a US design patent (issued) and an international patent pending, along with remaining inventory from a proof-of-concept manufacturing run, a website, engineering spec sheets, and the option to ship the existing mold to a new manufacturing facility. The asking price also includes $5,498 in existing fixtures, furniture, and equipment (FF&E). The business is currently pre-revenue, with zero gross revenue and zero seller's discretionary earnings (SDE). The current owner is selling due to a need for an owner who can develop and grow the brand. Six weeks of support and training are included in the sale. A 10-year non-compete agreement extends to a 1,000-mile radius. The business falls under the manufacturing category and is remote, requiring no employees. The unique bakeware design, a multi-section dinner pan, is ready for a buyer with a strong marketing and sales strategy to launch it successfully into the market. The ideal buyer will possess experience in marketing new products, managing supply chains within the kitchen bakeware industry, and scaling production to meet growing demand. This is a unique opportunity to acquire a patented product with significant growth potential.