Home List your patent My account Help Support us

TUBE WELL INNER PIPE LIFTER

[Category : - OTHER- DESIGN PATENTS]
[Viewed 1361 times]

This invention is able to pull out any size of pipe line from any type of bore well

Financial information

i want to sale my invention with license and royalties.
market potential in India as per old Goverment supply order - Total 572 District in India .
20 units per district So
Total Units = 572 x 20 = 11440 units sale for first year
Rate per unit = Approximate Rs. 18000
Therefore 11440 units Rate = Rs. 18000 x 11440
= Rs. 205920000
There is profit is 65 to 70%

There for the profit is = Rs. 133848000 for first year

So i want license for 1st year = Rs. 65000000 (or $ 1000000)

After 1st year i want Royalty 25% of profit per year.

Patent publications:

No publication

Asking price:

1,000,000 USD

Rate this patent

Great invention
Viewed: 1361 times

Seller:

jsinghbasi23 (India)

Ask a question
or start a negotiation

Contact the seller

Share on social media