Stirring Up Big Business & Profits in the Kitchen

Pittsburg, CA
Contra Costa County


Asking Price: Annual Revenue:
$185,000 $67,500

Technology: Internet, Websites


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RE: Stirring Up Big Business & Profits in the Kitchen Broker: Rick Carlson

Quick Facts

Asking Price: $185,000
Annual Revenue: $67,500
Net Profit: Not Disclosed
Cash Flow: $38,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: 1
BBN Listing #: 570327574
Broker Reference #: 1024 Kitchen

Email or Print Listing

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Business Overview:

Working with an industrial designer and manufacturer, the Seller devised this patented automatic pot-stirring device after seeing his mother in the kitchen for hours at a time each Christmas instead of enjoying her family. The device was launched in 2011and home cooks across the county have been free to move about the kitchen – or their family rooms ever since.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

Facilities: No facilities. There is a warehouse lease. A buyer could take that over or move out.

Market Competition and Expansion:

Competition: Three competitors have similar products without the quality, longevity of power, or at a reasonable price-point. The patent has fended off most imitators and held up to a pre-launch challenge. Although expired, the patents and pending trademarks have value in a niche product market. Growth & Expansion: It is expected by experts in the field that small appliance manufacturing will continue on a growth trajectory for the next few years. Teaming with an existing manufacturing company or similar appliance company could allow for quick growth and easy marketing integration.

Reason for Selling:

Retirement

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.

Relevant Links:

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