University Backed Patented Gearbox Project Partial Equity For Sale

United Kingdom


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This business is marketed by

Anderson Moore View more business for sale by this agent

Location:

              United Kingdom

Price:

               £150,000

Sales revenue:

Available on request

Net profit:

Available on request

Business description

To fund further research into his new Efficient Electronic Gearbox our client is seeking to release 25% equity via a partial share disposal. The sum of £150,000 is sought although for qualifying higher-rate taxpayers this will attract 50% SEIS Relief making the sum required just £75,000.

Briefly the project involves the development, research and subsequent manufacture of an efficient gearbox which has potentially multiple applications including wind turbines, marine and classic cars.

With the current emphasis on climate change any development in engineering which provides a more efficient transmission of power is to be welcomed.

The project has several worldwide patents and has the backing of a major UK university.

Enquiries from suitable individuals or companies are welcome.

Property information

Location:

This is a development opportunity and location is not important.

Premises details:

None

Business Operation

Expansion potential:

The initial projections are very modest. However the university Feasibility Report states: "the .... methodology represents an innovative look at the traditional approach to gearbox design and provides a simple and elegant solution which, if proven, could provide a number of commercial opportunities”.

Employees:

1

Years established:

2013


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business information

Sale price: £150,000
Status: Available
Sectors:
Mechanical Engineering
Engineering companies
Other Manufacturing companies
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