Pulaski County, AR Rubber and Plastic Products Manufacturers For Sale

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Unique Patented Floating CoolerA brandable product with increasing sales and a 24% profit margin!
$1,252,000Cash Flow: $250,546Seller Financing
Unique Patented Floating CoolerA brandable product with increasing sales and a 24% profit margin!

Little Rock, AR

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. Gross Sales 2018: $531,116 Jan - July 8th 2018: $1,022,890 Annualized 2017: $544,407 Owner Profit/Cash Flow 2018: $130,091 Jan - July 8th 2018: $250,546 Annualized 2017: $189,612


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