Mugzie Drinkware Manuf, WHSL + Ecommerce

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Background

BizEx ID:BizEx1450-EM
General Location:San Bernardino County, CA
Category: Manufacturing
Wholesale/Distribution
Years in Business:10
Under Present Owner:10
Hours of Operation:Online Business
Owner Hours:10 Hours per Week
Training:1 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:
Lease Options:Buyer to Relocate
Building Size:
Employees:2
Reason for Sale:Retirement

Financials

Asking Price:$120,000
Down Payment:$120,000
Gross Sales:Call
Discretionary Cash Flow:Call
FF&E:$60,000
Inventory Included?Yes
Inventory:$30,000
Min. Operating Capital:
Real Estate Available?No
Rent:

bizex

Description

Drinkware Manufacture and Distribution, Specialty, High Demand Products - Wholesale and Retail Sales, So Cal Based.

Trademarked Product Line with numerous products and styles protected with US and Chinese Patents.

This well established company is downsizing due to owner retirement is now phasing-out their drinkware division. This has been very profitable over the years with annually tens of thousands of products sold.

2023 Gross Sales were $165,000 with #55,000 units sold (45% Gross Profit) Huge growth potentials since no marketing has been done for years.

Excellent marketing and licensing for pro and amateur sports teams, corporations, schools and universities 

Promotional products with numerous distinctive branding include;

  • Travel Mugs
  • Flasks
  • Coozies
  • Cocktail Shakers
  • Lowball Glasses
  • Tumblers
  • To Go Cups

This is an asset sale which includes all inventory ($30,000 estimated) and FF&E ($60,000 estimated), Trademarks and Patents - no operations or employees. We are looking for a buyer in the industry who could easily absorb this division. Easily relocatable. Seller will assist with 1-2 weeks of transfer training for the right buyer. Cash Terms only, no seller notes - Priced for a Quick Sell.

For more information, please complete the BizEx Buyer Registration at https://www.bizex.net/buy-business/registerAfter registration that includes an online NDA, Brokers Eric Mellem and Dan Higgins can assist with any questions.

Eric Mellem emellem@bizex.net (310) 293-6414 and Dan Higgins dhiggins@bizex.net (714) 719-1809


Download Setup Sheet



Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802




Dan Higgins
Marketing Consultant License #02114580
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations