Mugzie Drinkware Manufacturing & Wholesale
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: |
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/register. After 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
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.
