Tupelo Data Room
Industrial & Commercial Machinery
Active

Approved Patent WITH Working Field Tested Prototypes

New York, United States
listing image
Asking Price-
Revenue$5m
EBITDA-
Cash Flow$1m
Description
CEP presents the opportunity to acquire or license a granted US patent for a field-proven mechanical security device designed to prevent the theft of tracked power-operated machinery, including skid steer loaders and excavators. The revenue figure is a conservative representation of less than 1% of market share. Heavy equipment theft costs the US construction industry an estimated $300 million to over $1 billion annually, with skid steers ranking among the most-stolen machines and fewer than 25% ever recovered. Existing deterrents, GPS trackers, ignition locks, cable locks, fail to physically stop a theft in progress. This product does. The Guarded Track Lock threads through the drive sprocket of a tracked machine, physically preventing movement in any direction. Working prototypes have been produced and tested, the device takes over two hours to remove, causing thieves to abandon the attempt and move on. At approximately $85 to manufacture and a target retail price of $500–$800, the margin profile is exceptional. A buyer may license the patent with full inventor support, or purchase it outright. Either structure is welcomed. Pricing is market-determined, offers invited.
Business is
Absentee Owner
Relocatable
Home Based
Reason Selling
No Time or Resources to Take It to Mass Market
Facilities & Assets
Patent
Support & Training
Owner willing to help with manufacturing, production, expansion.
Related Categories
Industrial Machinery for Sale
Business for Sale in New York
Asking Price-