Ref. No - BFS11225

LocationSouth Africa, South Africa Countrywide

Ref. No - BFS11225

Sector - Manufacturing

Asking Price
R15,000,000
for 60% of business
Monthly Profit
R0
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 0

Summary

Investor required for patented electrical product- registered in four international countries and SA.

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Background and History

The developer of this unique product spent over 3 years and well over R3 million to develop this product and thereafter registered patents in SA and other economically strong economies to ensure that duplication doesn’t take place in these countries

The product has been developed and is now ready to go to the next level, ie that the moulds have been developed and a manufacturing premises must now be sourced and production can start

The product is in the electrical industry sphere and has been developed to ease the trouble of having to buy different globes for different lights ie bajonet/screw in and downlights- this product addresses this problem and besides making the insertion of different globes not necessary anymore it also addresses the safety aspect ie the users of this product cannot be shocked

This product will revolutionize the usage of lights as we know it and will internationally be in demand immediately and hence the reason for patent registration in various countries

The developer has done thorough research with local suppliers of lights and have confirmed that they will immediately place orders once in production

Products and Services

Electrical product that is utilized in all 3 light fitting sectors ie bajonet/screw in and downlights

Financials and Forecasts

Full feasibility studies are available to interested parties

Reason for Sale

Seeks an investor to start manufacturing and distribution in SA and overseas

Location

Contact | Enquire

IAN

IAN van Ravesteyn

Preferred method of contact

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