Looking for a buyer.
Working with an industrial designer and manufacturer, the Seller devised this patented automatic pot-stirring device after seeing his mother in the kitchen for hours at a time each Christmas instead of enjoying her family. The device was launched in 2011and home cooks across the county have been free to move about the kitchen – or their family rooms ever since. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: No facilities. There is a warehouse lease. A buyer could take that over or move out. Competition: Three competitors have similar products without the quality, longevity of power, or at a reasonable price-point. The patent has fended off most imitators and held up to a pre-launch challenge. Although expired, the patents and pending trademarks have value in a niche product market. Growth & Expansion: It is expected by experts in the field that small appliance manufacturing will continue on a growth trajectory for the next few years. Teaming with an existing manufacturing company or similar appliance company could allow for quick growth and easy marketing integration. Support & Training: Assistance with understanding manufacturing for up to a month or as needed by phone. Reason for Selling: The manufacturer in China closed during Covid was a sign it was time to retire.

listing type
exclusive representation
Pittsburg, CA, USA
proposed price
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