17 Patents on Internet Drinkware Distribution

Los Angeles, CA

Relocatable


Asking Price: Annual Revenue:
$275,000 $312,711

Retail: Home Furniture & Furnishings


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RE: 17 Patents on Internet Drinkware Distribution Broker: Cortney Sells
Owner Financing is Available!

Quick Facts

Asking Price: $275,000
Annual Revenue: $312,711
Net Profit: Not Disclosed
Cash Flow: $89,656
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:

Owner works 10 hours per week and profits over 100K/year! A party staple, this lifestyle brand is ready to expand! This business offers 15 SKUs to help you celebrate a birthday, to support your favorite team, or to build memories on your front porch. This reusable partyware business has 17 patents as of 2019 and is poised to expand into promotional products. This company is based in Phoenix currently, with a huge growth opportunity to increase licensing opportunities into professional, collegiate, and corporate sectors. 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.

Relevant Links:

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