Business For Sale

Unique Patented Floating Cooler

Little Rock, AR
Pulaski County


Asking Price: Annual Revenue:
$1,252,000 $1,022,890

Manufacturing: Home & Office Products


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RE: Unique Patented Floating Cooler Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,252,000 75% Buyer Down Payment: $939,000 Cash and/or Bank Loan 25% Seller Financing: $313,000 Promissory Note and/or Equity Rollover

Quick Facts

Asking Price: $1,252,000
Annual Revenue: $1,022,890
Net Profit: Not Disclosed
Cash Flow: $250,546
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 14
BBN Listing #: 490934398
Broker Reference #: MAN032

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Business Overview:

Whether you are paddling down the lake or casting a line, when you reach for a cold drink, it should be from this cooler! This is the product that will keep your beverage chilly and float it at arm’s length! With one utility patent and two design patents, this unique product certainly has an edge on the floating cooler market. The design easily cuts through the water, making it simple to tow while creating minimal drag. It also has a water-tight lid, two handles/tow points, and a large, 30-quart capacity! Easy to float, pull, or carry, this cooler is ready for the mountains and the beach! Each cooler is insulated, keeping items cold all-day long, making this item perfect for those who fish, swim, paddle, float, or camp.

This item is proudly manufactured and assembled in the United States. This company is in negotiations to manufacture, assemble, and distribute from a single location to minimize costs. This restructuring will increase the profit margin and reduce the necessary staff, allowing this business to be easily relocatable, if desired. The owners are also operators and their responsibilities would need to be assumed by the new owner or an additional hire.

Areas for growth include expanding into the emergency services markets, as well as marketing to pool owners and swimmers. Branding is a large area for growth, offering customized graphics to corporations and those buying one-off custom coolers.

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Property Features and Assets:

24,000 square feet, offices, warehouse.

Market Competition and Expansion:

Growth Opportunities: Pool and swimming markets, first responder market, adventure sports, branding.

Reason for Selling:

Focus on other non-competing business.

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.

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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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