Owner Financing is Available!
Business Overview:
The Bureau of Labor Statistics estimates there are 2.2 million waiters in the US. With growing pressure on restaurants for profitability, waiters need have the right tools to get their job done with efficiency and flair. Waiterade is a the designer and owner of a patent-pending design that will make you say, "why didn't I think of THAT"? This design will not only be a required tool of all servers, but also has cross-over potential to the consumer market. This is the ultimate high-performance tool. The Waiterade Multi-Tool, or "Waiterade" for short, is a 6-in-1, multi-purpose corkscrew designed for waiters and perfect for everyone. It features a corkscrew, bottle opener, serrated blade, pen, lighter, and a LED light that serves a dual purpose; wine bottle presentation and a light in dark places. It is distinguished from other corkscrews by its:
Design
Versatility and
Durability
In short, you will understand why this is the best corkscrew ever made. This corkscrew is not just for waiters. A stainless steel serrated blade for foil cutting and stainless steel corkscrew make easy work of opening bottles of wine, and opening pop-top beverage bottles is a snap with the stainless steel bottle opener. It features a replaceable pen for those moments when you absolutely must write something down and an LED light to help you out in the dark. It is crowned with a replaceable mini-bic lighter. That means FIRE, people! The "Waiterade" folds up compactly, is small enough to fit in your pocket, and is perfect for picnics or travel.
The annual market for this product is significant.
U.S. Waiters - $8,200,000
European Waiters - $8,800,000
China, Japan and
India Waiters - $14,000,000
Latin American Waiters - $2,400,000
U.S. Corkscrew/Wine
Utensil Traditional
Consumer Market - $80,000,000
Additional Worldwide
Corkscrew/Wine Utensil
Traditional Consumer
Market - $280,000,000
With nominal market penetration, Waiterade could will realize between 10 to 20 million worldwide units or $40 to $80 million in gross profits (SG&A included). Waiterade is an early stage corporation that seeks to sell or license its design for the Waiterade tool. The price of the design is 2,800,000 paid in a lump sum, or with a down payment of 280,000 and a royalty or license fee based on gross units sold or revenue.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
To raise capital
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.