Home & Outdoor Living patented product + assets for license or sale

DuPage County, IL (Relocatable)

HopperStand with accessories
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Asking Price: $200,000

Established: 2013

Home & Outdoor Living patented product + assets for license or sale

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Asset Sale Description

Turnkey consumer product and assets for any large, successful company.

ONE PRODUCT-TOTAL FLEXIBILITY-FULL VERSATILITY.
HopperStand is a patented, unique and versatile “Swiss-army knife” type of an product that is ideal for many uses and settings. Provided with detachable accessories that include a table-top, stakes & bag clips, the HopperStand is a “one-of-a-kind” item for wide range of applications – whether it is for camping, fishing, hunting or other outdoor activities like picnics, tailgating, beach trips or backyard parties.

Market Potential – The HopperStand product fits in a multi-million dollar segment of home and outdoor living consumer products and is a ready-source of revenue from day one. Projected unit sales in the first year alone could top 50,000 – 100,000 units ($1,100,000 - $2,200,000 gross revenue, $500,000 - $1,000,000 gross profit), or greater depending on the capabilities of the interested party. The HopperStand is a pretty standard consumer item and as such, the risk is negligible. But the upside potential is tremendous. The product fits readily in large box stores that sell small household furniture items, and outdoor living/sporting equipment stores that cater to the needs of the outdoor enthusiasts.

Unique Product Features – HopperStand multi-purpose utility table and universal bag holder is a "must-have" item for any home, outdoor enthusiasts, sports fans, RVers. HopperStand product takes pretty standard, well-established items existing in the marketplace (bag holders and portable utility tables), and elevates it to a highly versatile and “unique” item that has no equal in the current market (combination universal bag holder + multi-purpose utility table). It comes standard with 3 accessories, but the product lends itself to being sold with many other accessories to go along with the product, and possibilities for customization.

Seller Details – The seller company has been operating since 2013 with a range of products in lawn & garden, home and outdoor living categories. HopperStand is the newest product launched by the company in late 2018 and product is being sold successfully via eCommerce channel.

Attached Documents


Detailed Information

Facilities:
Patent that is good until 2033; 6 high quality injection molding tool set; Finished assemblies (approximately 140 units), complete parts set for assembling additional 800 units; 2 sets of assembly fixtures, and small tools; Corrugated packaging for single units and multi-pack; Design for making 6-unit POS displays; Printed flyers and insert sheets; Original engineering design files and knowledge on alternate methods to produce certain parts; Knowledge of additional add-on accessories; Existing accounts and product website.
Financing:
Asking price varies depending on royalty vs. purchase scenarios
Support & Training:
For the acquiring party, hands-on training related to assembly and packaging of the units will be provided at our plant in Chicago area.
Reason for Selling:
Perfect for a company with proven sourcing, marketing and sales capabilities.
Business Website:
http://www.hopperstand.com
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Asset Sale Listed By:
Santosh Arcot

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