Robot manufacturing business Owner retiring - Priced for immediate sale Start Price - Current Price - Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Tuesday, June 17, 2008 End Time Thursday, July 17, 2008 Location Colorado Springs, CO See more about 'Robot manufacturing business' Description Jump on board the popular and rapidly expanding field of robotics by owning the company that forged the industry! This fun and exciting business, established in 1966, was the first to manufacture remotely controlled animatronic products for the child safety education, entertainment and advertising/promotional markets. Products range from remotely controlled mobile robots and animated musicians to walk around mascot costumes. Over the years the company has continued to develop a wide variety of products and characters as well as introduce significant technological improvements. All products are built to order employing relatively simple manufacturing processes and fabrication/assembly techniques utilizing a combination of internal capabilities and contracted external resources. Marketing is accomplished primarily via direct sales at international level trade shows and through the internet. Mainly a business-to-business enterprise, the customer base ranges from municipal governmental agencies (police and fire departments) to amusement parks, retailers and restaurants. Major international market opportunities waiting to be developed. Owner retiring but available to transition to new owner. BARGAIN PRICED FOR IMMEDIATE SALE - Principals only - No brokers, please. Financials: 2007 Sales - $300,000   Cash flow - $72,000 Inventory/Assets:   Raw Material - $49,000   FGI - $55,000   FF&E - $75,000 Facilities: Currently operating in leased 5000 sq. ft. facility. Renewable lease expires 9/30/08. Sale includes all inventory (including show models and demos) and equipment required to successfully operate the business. Business relocatable after learning the business - approximately 3 months. Can either renew lease or relocate. Competition: Business is exclusive manufacturer of several products and offers numerous unique, state-of-the-art products and options. Products are far from saturation level with very limited domestic competition. Significant opportunities in international markets with no competition. Growth/Expansion: Growth potential is virtually unlimited with aggressive marketing in both current and new domestic markets as well as in international arenas. Federal grants to communities for Safety Education through FEMA and other sources make for very generous and reliable funding for large portion of sales. Support/Training: Experienced employees will stay. Owner will support buyer for 60 days. Subsequent assistance available on contract basis. Reason Selling: Owner retiring Price: Negotiable - Asking $75,000 - Open to reasonable offers Payment: Cash or Cashiers Check Place a Bid!