Queensland

Rare Business with Patents Cited by UBER and GM

For Sale | $300,000 Negotiable

Auto Electrical

This is a rare opportunity to purchase a self-driving vehicle business that is well positioned to achieve a multimillion cash flow within the next 5-10 years. There is no doubt that the self-driving vehicle industry is here to stay with companies such as Uber, Google, GM, and the like, investing billions of dollars to make self-driving vehicles part of our every lives. While this business is not traditional in the cash flow sense, it represents an incredible opportunity to 10x your investment in the coming years. 

The foundational technology that the patents cover is focused on improving user experience for the customer. Established in 2017, it's two entrepreneur owners have 4 granted US patents, which have been cited by the likes of Uber, Lyft, GM and Toyota, showing that the scope of the patents covers commercially important features within the self-driving vehicle space.

The present owners are willing to provide their patent expertise and service to help the buyer draft future patents for a limited time, following the sale. This of course will help you further leverage your IP to make your business a success. On offer, included with the purchase, is a 3-month period with 50 hours of consultancy service for future patents.

Listing ID: NSW09588

Broker: Paul Helliwell

Phone: + 61 2 9899 1999 / 0419 015 046

Email: paul.helliwell@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09588

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Ref: NSW09588
Timestamp: 20201031020038

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Overview

This Auto Electrical Business is one of 355 businesses for sale in Brisbane Central, Queensland, and one of 5 Auto Electrical Businesses in this region that a business for sale currently has on offer. This Auto Electrical Business is for sale in Brisbane Central for the asking price of $300,000 Negotiable and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..