17 Patents on Reusable Drink & Party Ware

Pacific (Relocatable)

Seller Financing Available
17 Patents on Reusable Drink & Party Ware
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Asking Price: $332,000

Cash Flow: $105,566

Gross Revenue: $325,561

EBITDA: N/A

FF&E: N/A

Inventory: $78,000

Established: 2011

17 Patents on Reusable Drink & Party Ware

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Business Description

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

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
6 PT
Facilities:
Based in Phoenix currently, but could be run from anywhere
Growth & Expansion:
Ignite social media marketing, increase promotional marketing or licensing opportunities to professional, collegiate, and corporate sectors
Financing:
A 15% down payment of $49,800 returns $56,680 in the first year after debt payments
Support & Training:
90 days transition, owners willing to offer flexible assistance beyond 90 days
Reason for Selling:
Other non-competitive business ventures
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Cortney Sells

Business Listed By:
Cortney Sells

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