Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Trademarked Sports Wearable Tech Brand With Global IP For Sale

Manawatu-Wanganui, New Zealand
Asking Price:
$600,460 (NZD) Inventory / Stock included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

An established sports technology brand with a range of commercially proven wearable audio devices for swimmers and rowers is for sale. Using bone conduction technology, its products deliver real-time coaching information — pace, stroke rate, distance, and navigation — directly to athletes during training, without interrupting their activity.

Originally developed in Hong Kong with government funding and recognised with a major innovation award, the brand was acquired by the current owner in 2021. The business comes with a strong foundation of tangible assets: registered trademarks in four jurisdictions, a US design patent valid until 2034, complete product source code, existing inventory, and an established manufacturing relationship in China.

Key Figures

  • Units sold: 3,500+ (3,000+ swim meters, 500+ rowing meters)
  • Development investment: HK$3-5 million ($385,000-$640,000 USD)
  • Recognition: A major innovation award
  • Trademarks: 4 registered (Hong Kong, EU, UK, China – China transfer in progress)
  • Design patent: A US design patent (expires April 2034)
  • Asking price: $350,000 USD/ $600,460 NZD

Products

- Swim Meter
GPS-enabled wearable that clips to swimming goggles and provides audio feedback via bone conduction. Features include real-time pace and stroke rate, distance tracking, open water navigation with waypoints, and integration with Strava and TrainingPeaks. Retail price: $150 ($225 with heart rate sensor). Over 3,000 units sold worldwide.

- Rowing Meter
Real-time telemetry system for rowers providing stroke rate, blade mechanics, body movement analysis, and crew synchronisation for up to eight athletes. Coaches receive live data via mobile app while rowers hear audio cues through bone conduction. Currently iOS only; Android version source code included (development was approximately 50% complete). Over 500 units sold.

Intellectual Property

Registered Trademarks
Registered trademarks are held in Hong Kong, the European Union, the United Kingdom, and China.

Design Patent
A US Design Patent for a "Swimming Performance Monitoring and Analyzing Apparatus" is registered, expiring in April 2034.

Source Code
Complete firmware and mobile application source code for the swim and rowing products. Includes in-development Android application for the rowing meter.

Manufacturing Assets

  • 2,000 pre-programmed voice IC chips (English and Chinese)
  • Language audio files available for programming: Japanese, Russian, Spanish
  • Chip programmer device for programming additional voice ICs
  • Laptop with voice programming software pre-installed
  • Established relationship with a previous manufacturing partner in China.

Sale Includes

  • The brand and all associated trademarks
  • US design patent
  • Complete source code (firmware, iOS apps, in-development Android app)
  • Website and domain
  • Customer database and email list
  • Current stock (swim meter units and accessories)
  • Voice IC chips, programmer, laptop, and language files
  • Technical documentation and manufacturing specifications
  • Introduction to previous manufacturing partner

Growth Opportunities

  • Complete the rowing meter's Android application (source code included)
  • Expand into adaptive sports and visually impaired athlete markets
  • Pursue rowing federation partnerships for bulk sales
  • Develop triathlon-specific product features
  • License bone conduction audio technology to complementary products
  • Resume active manufacturing using existing component stock

Contact
For further information, documents or to arrange a discussion, reach out.

Property Information

Location:

Online

Business Operation

Expansion Potential:

There is meaningful scope to grow the business in several directions. The most immediate opportunity is completing the Marlin X Android application, for which the source code is already included in the sale, significantly broadening the product's addressable market. Beyond that, the bone conduction audio technology has clear potential in adaptive sports and visually impaired athlete markets — areas that remain largely underserved. On the sales side, targeting rowing federations and clubs for bulk Marlin X purchases represents a straightforward route to volume, while developing triathlon-specific features could open an entirely new customer base. The technology also lends itself to licensing arrangements with complementary sports products. Finally, with an established manufacturing relationship in China and existing component stock already in hand, resuming active production requires less groundwork than starting from scratch.

Reasons for selling:

The current owner acquired Platysens in 2021 to preserve the technology and keep the products available to athletes. That goal has been achieved — the brand remains intact, the products continue to sell, and the intellectual property is fully secured. Moving the business to the next level, however, requires dedicated focus and investment that the current owner is not positioned to provide. The business is now being offered to a buyer who can take it further.

Other Information

Support & training:

The sale has been structured to make handover as straightforward as possible. The buyer will receive access to all digital infrastructure underpinning the business, including AWS for app server hosting, Google Workspace for email, and the Apple App Store account for iOS distribution. The WooCommerce website is included and fully operational, though it will need to be migrated from the seller's current GoDaddy VPS to the buyer's own hosting environment. To support the transition, the seller will personally introduce the buyer to both the former company director and the app developer, providing continuity of technical and operational knowledge from the people who built and ran the business from the start.

Inventory / Stock value:
$43,080 (NZD) - included in the asking price