16/01/2022
JoBoy is looking for a managing partner!!!
JoBoy was started to make quality and affordable motorcycle related products available to the Vietnamese market that would make riding safer, more stylish, and comfortable. Our initial products were safety rated riding glasses, which are being carried at a few local motorcycle shops. We then planned to find a local producer for items such as skull caps and UV sleeves, followed by more safety equipment such as helmets and boots, and eventually including functional hard parts for various bikes. The growth potential for this business is virtually limitless.
However, shortly after starting the business, the founder developed health issues which sidelined the project, and is now involved in other ventures. So, we are looking for someone to purchase half the business and assume primary responsibility for getting things going the way they should be. Immediate objectives would include setting up social media accounts and filming videos demonstrating our products’ benefits, followed by expanding the product line.
The value of our current inventory if sold at just the wholesale price is over $400M VND. We are looking for a partner willing to buy in for half that with the skills and experience to take us to the next level. Send us a message if interested.
