General Information
It is often challenging to store extra tires in a way that is secure, convenient and unobtrusive. An easy solution which many automobile and SUV owners could find useful is the Practi-Fold Tire Rack®.
The Practi-Fold Tire Rack® is foldable, extendable and may be placed in all sorts of tight spaces. It is child-proof, requires no setting up, is easily transported and is aesthetically pleasing enough to display tires at retail outlets and trade shows.
Research indicates that there is no other tire rack being sold internationally with a design similar to that of the Practi-Fold Tire Rack®.
Potential markets for the Practi-Fold Tire Rack® are anywhere in the world where tires are sold. As long as there are automobiles and similar vehicles around, people will need to either store their extra tires or showcase them for commercial purposes.
Product Details
- Tubular steel structure for extra solidity
- Two metal wires at the base for added security
- Extendable frame which locks into place permitting the rack to carry various sizes of tires, ranging from regular automobile tires to those for SUVs
- Structure enabling the rack to be placed in a variety of different locations and tight spaces
- Requires no setting up
- Foldable, making storage and transportation easy
- Aesthetic design
Interested?
The inventor of the new and innovative Practi-Fold Tire Rack® is currently seeking a distributor for a licensing agreement. Experience in automobile accessory distribution is an asset. Patents for the product are also up for sale.
Potential licensees should also have the ability to work directly from the design for manufacturing and should have the financial capability to bring the product to market.
The chosen licensee will be given ‘carte blanche’ to both manufacture and distribute the Practi-Fold Tire Rack® in return for royalties as stipulated in a legally conceived licensing agreement.