Business For Sale

17 Patents on Reusable Partyware

Phoenix, AZ
Maricopa County

Relocatable


Asking Price: Annual Revenue:
$480,000 $446,381

Retail: Home Furniture & Furnishings


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RE: 17 Patents on Reusable Partyware Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $480,000 20% Buyer Down Payment: $96,000 20% Seller Earn Out or Promissory Note: $96,000 60% Bank Loan: $288,000 A 20% down payment of $96,000 returns $79,123 in the first year after debt payments!

Quick Facts

Asking Price: $480,000
Annual Revenue: $446,381
Net Profit: Not Disclosed
Cash Flow: $146,017
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 6
BBN Listing #: 951434398
Broker Reference #: RET059

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Business Overview:

This reusable partyware business has 17 patents currently and is poised to expand into promotional products. A huge growth opportunity would be to increase licensing opportunities into professional, collegiate, and corporate sectors. A party staple, this lifestyle brand offers 15 SKUs to help you celebrate a birthday, to support your favorite team, or to build memories on your front porch. At one point, this business was doing over $4M in sales with only 1 SKU. Adding further products is opening a wide door for rapid growth and expansion.

As one of the most recognizable party accessories, this drinkware brand is an eco-conscious option, reducing waste by offering reusable, BPA, and phthalate free products. Currently sold through diverse channels, 95% of products are sold wholesale, with 5% sold direct to consumer through the brand website.

Building on past successes, there remains much room for future growth. Social media efforts could be built upon to drive sales and interest in the products. Due to the many channels through which these items can be sold, additional vertical or international markets are areas for potential growth. In addition, expanding sales in the branded, licensed, or promotional markets are natural opportunities to be explored.

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Property Features and Assets:

Based in Phoenix currently, but could be run from anywhere

Market Competition and Expansion:

Growth Opportunities: Ignite social media marketing, increase promotional marketing or licensing opportunities to professional, collegiate, and corporate sectors

Reason for Selling:

Other non-competitive business ventures.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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