The Investment:
Fully established IP protected tool product via a U.S patent.
Seeking $250,000 for a 3x multiple.
Valued at $69.95 per unit. However, to focus on a higher sales volume the suggested retail value will be set at $49.95 per unit.
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Manufacturing Cost:
-Per unit cost is estimated to be about $10, with about a 300% profit margin. In a market of over 5 -10 million tradesmen who would use this product.
-We expect to sell 50k units in the first 12 months of production with increasing sales volume the following 12 months.
-Upon fulfillment of contract with initial investor/s additional investment opportunities could be available to them.
-Initial investors will have right of first refusal on any additional investment opportunities in regard to international manufacturing and sales.
Product Description:
-The product is a Tool Holster, a holster which solves a problematic persistent issue.
-With current, traditional holsters on the market - they allow elongated tools like the hammer to swing uncontrollably, hitting and striking the persons legs as they walk. This new product prevents that from happening.
- It's important to note - this product does not deviate or take away anything from what exist today but only enhances it.
- There have been attempts to solve the problem, but no one has truly been successful.
- The tool holster could be used where most prefer to use it, on the back of a tool belt.
Product Details:
-For months the 3D prototype has been tested on jobsites and has proven to work flawlessly.
-The final product will be almost indestructible and will be available in a variety of colors.
-The holster can be adjusted to desired preference and attaches to any toolbelt.
-These will be mass produced in central Texas.
-Available markets based on statistical data is estimated to be 5 - 10 million conservatively.
-Market research shows those disposed to use this product are - carpenters, laborers, masons, sheet metal workers, roofers, some electricians and do it yourselfers.
Insider Info:
-Something I can tell you about tools and construction workers is that construction workers look at new tools/new technology the way kids look at toys - we love them.
-I have personally invested over $50,000 into this product, not including thousands of hours of research and development in order to advance the product to this point.
-Great time and energy have been significantly invested into this product, and it is now ready for molds, manufacturing and sales.
Allocation of funds:
-Injection molds
-Steel casting/Investment casting
-Pneumatic presses
-Hardware
-Material products
-Labor
-Startup cost
Marketing Info.
-After first production run plans are in place to canvas the country form border to border and shore to shore.
-Stopping at all major construction Trade schools in all major cities to display, promote, and advertise the Tool Holster.
-As for my background, I have been in construction all my life and I love it.
-Having been in the trades for some time, I have advantages with promoting and advancing the product.
-There are several plans and ways to attract and promote the product with free to minimal monetary investments.
-Manufacturing and sales of this product will be my full-time job.
-Currently working on Trademark names of Product and Brand.
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This is a slam dunk, the hard part is over, now the fun begins. You would be amiss not to at least meet with me to see what I have to offer.
In conclusion, this is the only activated/reactionary tool holster in the world that solves a problem.
Look forward to hearing from you.
Sal
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