Days and Hours of Operation: 9am - 5pm (M-Fri.); Website (24/7)
Relocatable: Yes
Franchise Information: Not Applicable
Facilities / Location: For the following reasons, this business is entirely relocatable:
The Company subcontracts the manufacture of its products to an advanced facility overseas resulting in a significant cost savings for the labor-intensive assembly work required to develop its devices. All products undergo extensive testing at this manufacturing facility to ensure full compliance with high quality and safety standards.
The Company does not maintain any warehousing facilities of its own. Instead, all fulfillments are handled by an independent contractor that handles incoming inventory and fulfills all outgoing orders. All changes in inventory and processed orders are immediately fed into an automatic system that analyzes the data and shows detailed action plans in order to avoid shortages of any products sold.
Lease Information
Lease Expiration Date: New Lease Available On Favorable Terms
Option: None
Monthly Rent: $2,500.00
Additional Information
Reason for Selling: Seller to pursue other interests.
Business Description: This Company has pioneered, developed, manufactures and sells various commercial applications and patented devices for use in aiding smoking cessation, aromatherapy and drug delivery. These devices are based upon a proprietary patented process which enables the user to induce the release of certain essential active elements of a source material without the carcinogenic by-products associated with smoking. Although the business is primarily focused on the fast growing smoking cessation market segment, the core technology has many additional marketable applications, including use as a medical device in the medical and health industry and possibly the natural foods industry.
The Company’s products are marketed worldwide through a network of distributors, resellers, and online venues such as Amazon.com. The Company\''s own distribution activities focus on establishing new key accounts with: supermarkets and chain stores (such as K-Mart and Wal-Mart), pharmacies and drug stores (such as Walgreen’s), electronic retailers (such as Best Buy, Brands Mart, and Radio Shack), mail order companies and internet resellers. This Company also serves more than 200 individual accounts including accounts in the medical community, therapists, smoke shops, tobacconists, and consumers. In addition, the Company has also seen remarkable results through the attendance at major trade shows and events over the past 2 years.
Potential for Growth: Sales and net revenues have increased steadily with minimum advertising and marketing. Company''s primary marketing vehicle is its web site showcasing state-of-the-art web technology. The site offers an array of videos, demos, and interactive media that educate the consumer and offer scientific information on different applications of its product line. The site also features a complete shopping cart solution that enables customers to order online, facilitate payment and receive shipping information in a matter of seconds. With increased marketing and advertising, the Company''s growth potential is boundless.
