Profitable Business Opportunity: Portable Money Blowing Machine
Asking Price: | $75,000 |
Established Year: | 1989 |
Overview:
Due to the seller's age and health considerations, a unique and highly profitable business is now available for purchase. This is a complete asset sale, including all intangible assets, such as the business name, phone number, website, and 35 years of established goodwill.
Business History and Product Superiority:
The seller, one of the pioneers in the industry, developed the first purchasable money blowing machine. Initially part of a fundraising business, the demand grew so significantly that the seller dedicated the last 20+ years exclusively to building and selling these portable machines. Known for their superior quality, these machines are crafted from the highest-grade materials, making them both lightweight and portable.
Business Operation and Potential:
This business offers unparalleled freedom and ease of operation. Ideal for someone with strong marketing skills, or who is willing to outsource marketing, and basic construction skills to assemble the units, although this can also be subcontracted. The original patent, although currently expired, can be reestablished, adding further value to the business.
Financial Highlights:
• Average profit margin: 75%
• Selling price per unit: Approximately $2,000
• Notable clients include Carnival Cruise Lines, Ronald McDonald House, and First National Bank of Texas, among many others.
Market Potential:
The potential customer base is extensive, including car dealerships, school districts, arcades, and any organization interested in fundraising. The existing website and phone number remain highly relevant and effective for reaching new clients. Plus 800-1000+ previous clients.