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Motorized Beach/Utility/Camping Cart

[Category : - Camping and Outdoors - Tools- Fishing and hunting]
[Viewed 1460 times]

A motorized cart, including: a collapsible frame; a handle and a collapsible storage compartment connected to the frame; and at least three wheels, including a front wheel and two rear wheels disposed at a rear of the frame for rotating about a single axis. The cart also includes a drive compartment housing a battery, a drive controller, and at least one motor electrically connected to the battery and the drive controller for driving at least one of the rear wheels. The drive compartment is positioned on the frame to position the battery, the drive controller, and the motor below and forward of the rear wheel rotation axis when the cart is in an expanded, upright mode, thereby positioning a center of gravity of the cart forward of the rear wheel rotation axis to enhance stability. The drive compartment is shaped and positioned on the frame to not impede the collapsing of the storage compartment and the frame to a collapsed mode for compact storage of the cart, and to provide clearance for the at least one front wheel during transition between the collapsed mode and the expanded, upright mode. The drive compartment is positioned on the frame to substantially vertically align the center of gravity of the cart with the rear wheel rotation axis in a tilted mode, in which the cart operates only on the two rear wheels.

Financial information

Zoom Buggy is an innovative product offering a competitively priced product to customers who benefit from the ability to move heavy or awkward items more easily on a regular basis, such as those who engage in outdoor recreation and activities.
Zoom Buggy’s value proposition stems from the fact that the product has multiple applications. In fact, the product has been sold to beachgoers, attorneys, fishermen, etc. It offers a distinct advantage over regular non-motorized carts – many customer testimonials demonstrate strong customer loyalty.

The company faces negligible direct competition in the motorized cart space at its current price point since competitor’s offerings are offered at much higher prices.

The market for outdoor recreation products is growing and the company can leverage its unique product to gain strong brand visibility by further developing digital media channels

According to data from the US Census, it is estimated that beach goers alone could purchase upwards of 150,000 units in the next 5-years.

ZOOM BUGGY estimates annual revenues in excess of $11,000,000 growing to nearly $25,000,000 in the next 5 years, totaling nearly $90,000,000.

ZOOM BUGGY estimates annual gross profits in excess of $5,000,000 growing to nearly $17,000,000 annually in the next 5 years.

Price & Terms
Negotiable…Sale or Exclusive License - Terms TBD
Down Payment: Negotiable*

The seller is interested in finding the right purchaser that has the capability and resources to manufacture and properly grow the distribution of ZOOM BUGGY nationally and then globally.
The seller will consider a structured deal.

Patent publications:

US 8511406

US 8596389

Asking price:

Above 1 million USD

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Great invention
Viewed: 1460 times

Seller:

j.inzilla (United States)

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