Medical Products Business for Sale in Palm Beach
This company owns the only FDA allowed active ingredient formula patent. The CDC has released a mandate for as many people to have their hands sanitized as possible throughout the day. That goal can not be accomplished with an alcohol sanitizer alone. safeHands has been sold through and approved in retail by CVS, Walgreens, Target, Supervalue, Costco, Office Depot/Office Max, Staples, Big Y, Lowes, Sams Club, Alma International and others. In the commercial market customers range from Medline, McKesson, Henry Schein and many other regional distributors. It often takes 4-5 years to secure a relationship with any of these buyers and the foundation has been built for either a company in this space and/or can use the approval of safeHands as a springboard for a pipeline of other products. There is $3.6B market for hand sanitizers and its only a matter of time now with the FDA completing its testing on alcohol and alcohol free that alcohol free will escalate and dominate the market in the same way that latex free gloves captured 90% of the glove market ince owned by latex. There is a major paradigm shift about to occur. The products/company name capture the essence of the post covid market along with the value of the patent. The company used a nationally leader in independent valuations who appriased the IP at $22.2M
Contact Tom Jones at 754-224-3111, refer to 1248-00064 when inquiring.