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Listed by:

The Firm

Cool Lifestyle Drinkware With Patents In California For Sale

California, US
Asking Price:
$260,000 (USD)
Sales Revenue:
$274,056 (USD)
Cash Flow:
$89,656 (USD)

With 17 patents this business does 38% profit margin! 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 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.

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. Being dropship based, they are able to relocate just about anywhere, and their 6 employees are contracted out! There is a very diverse clients base; young to old, independent retailers, gift stores, grocery and so much more! 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.

Property Information

Premises Details:

Location: Relocatable, dropship based
Service Area: Customers throughout the US and internationally as well!

Business Operation

Expansion Potential:

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

Reasons for selling:

Other non-competitive business ventures

Employees:
6: independent 1099 contracted sales staff (6)
Years established:
2011

Other Information

Support & training:

90 days transition, owners willing to offer flexible assistance beyond 90 days

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Purchase Price: $260,000
15% Buyer Down Payment: $39,000
10% Seller Carry: $26,000
75% Bank Loan: $195,000

Related Documents:

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