Product Design Firm with 60 Years of Experience
About this business for saleProduct Design Firm with 60 Years of Experience
Product Design Firm with 60 Years of Experience Highly-respected industrial design firm with over 60 years of history. The firm has designed many well-known products that have generated billions of dollars in retail sales and in some cases created entirely new market opportunities for their clients. The firm is known for its ability to create innovative products and packaging concepts that win in the market. The firm is experienced in the design and development of consumer products, industrial and medical instrumentation, Fitness equipment and structural packaging design for food and personal care markets. The firm’s target market is established companies and entrepreneurial startups who are developing products where appearance of the product is crucial to competitive market advantage and where good ergonomics and the ability to manufacture the product for a competitive cost are important. Typical clients are the companies with enough sales and size to be able to invest in product design and with enough sophistication to value design and understand its strategic implications. Design projects can range from $10,000 to $500,000 depending on complexity and project deliverables. Acquiring this firm in order to bring product design capability in-house would be a smart strategic move for a manufacturer or product marketing company. The Company average SDE for the last 3 years (2013-2015) was in the range of $212K. Selling due to retirement but will give enough time for training and smooth transition. For more information, please contact Wen firstname.lastname@example.org with Listing ID LA3850
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.