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- RE: Mugzie Drinkware Manuf, WHSL + Ecommerce
- Contact: Eric Mellem
- License #: 1484102
Quick Facts
Asking Price: | $120,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $60,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 2 | |
BBN Listing #: | 951225 | |
Broker Reference #: | BIZEX1450-EM |
Business Overview:
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 Buyer Registration. After registration that includes an online NDA, Brokers Eric Mellem and Dan Higgins can assist with any questions.
Eric Mellem and Dan Higgins
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Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
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