Back to Listings Magnetic Arm Band

Asking Price : $115,000

Annual Gross Revenue : $144,000

Annual Net Profit : $108,000

Profit Multiple : x1.06

Inventory Value: $1,499

R-Index : 307

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From the Broker

Magnetic Arm Band & PRO Model - Magnetic Arm Band was founded by Michael Ecke after purchasing a magnetic wristband with barely any magnetic strength or pull force. After countless hours of magnet research and prototypes, Magnetic Arm Bad was born with 10 Strong Neodymium magnets and breathable durable frabric. From these humble bootstrapped beginnings, Magnetic Arm Band has evolved into a company that is focused on developing magnetic work gear for professional tradesmen and do-it yourselfers. Magnetic Arm Band is based in Tempe, AZ.

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Sale Pending: No

First Seen: Thu, Dec 6th 2018

Last Updated: Fri, May 3rd 2019

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