SOLD!
Premium, customer-first sustainability drinkware brand for all walks of life, with existing wholesale and direct to consumer sales channels.
Total sales since business inception exceed $3,374,282
The company offers 3 main product lines; Reusable Straws, Drinkware, and Utensils Sets
Business is in good standing with customers and retailers, including Whole Foods which will set up the new owner for massive success.
This acquisition comes complete with $1,202,448 in existing inventory (at retail), so your entire acquisition could be funded simply by selling the existing inventory!
Company has been featured in National Geographic, Whole Foods, BuzzFeed, US Weekly, CNBC and Refinery29
Premium, customer-first sustainability drinkware brand for all walks of life, with existing wholesale and direct to consumer sales channels.
Total sales since business inception exceed $3,374,282
The company offers 3 main product lines; Reusable Straws, Drinkware, and Utensils Sets
Business is in good standing with customers and retailers, including Whole Foods which will set up the new owner for massive success.
This acquisition comes complete with $1,202,448 in existing inventory (at retail), so your entire acquisition could be funded simply by selling the existing inventory!
Company has been featured in National Geographic, Whole Foods, BuzzFeed, US Weekly, CNBC and Refinery29
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Durable, beautiful and eco conscious. What more can you ask for? This is my third purchase - have NEVER had one break or shatter. Just really love them. - Nazeema K. Verified Buyer
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List of assets included in this deal include enough inventory to completely fund the acquisition!
Certified B Corp - Certified B Corporations are leaders in the global movement for an inclusive, equitable, and regenerative economy. Unlike other certifications for businesses, B Lab is unique in our ability to measure a company’s entire social and environmental impact. |
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This acquisition would be perfect for:
Company Features:
Business operates fully virtual, with manufacturing and shipping outsourced.
Competition:
Annually, 182 billion Plastic Straws, 38 billion Plastic Bottles, and 561 billion Plastic Utensils are used and disposed of annually. This business addresses the above with a sustainable product line.
Growth opportunity:
The sustainable drinkware category is EXPLODING! (Think Camelbak, HydroFlask, Stanley and more). Disposable drinkware items are literally being outlawed in many states and cities, so sales of reusable, sustainable drinkware products such as this are growing at record pace.
- Entrepreneur looking to own their own business, while reducing the risks and downsides of a startup
- eCommerce / DTC aggregator looking to add a solid, profitable brand to their portfolio
- Amazon FBA aggregator looking for a proven product add-on with over $ 1 million in inventory at pennies on the dollar
Company Features:
Business operates fully virtual, with manufacturing and shipping outsourced.
Competition:
Annually, 182 billion Plastic Straws, 38 billion Plastic Bottles, and 561 billion Plastic Utensils are used and disposed of annually. This business addresses the above with a sustainable product line.
Growth opportunity:
The sustainable drinkware category is EXPLODING! (Think Camelbak, HydroFlask, Stanley and more). Disposable drinkware items are literally being outlawed in many states and cities, so sales of reusable, sustainable drinkware products such as this are growing at record pace.
Key assets:
Financing:
Seller is flexible with terms and open to partial seller financing, non-participatory
Support & Training:
Current owners will be available for 60 days post-acquisition to facilitate the transition to the new owner. The potential exists for longer-term employment or consulting arrangements if the new owner wishes.
Reason for selling:
Major health issue has impacted founders family and ability to grow the business
- All IP
- Operations
- Trademarks and business operations
- Over $ 1 million (at retail) of inventory included
- 58,223 customer profiles
- 128,000 newsletter subscribers
- 645 Sales Affiliates
- 45,000 Instagram followers
- 7,600 Facebook followers
Financing:
Seller is flexible with terms and open to partial seller financing, non-participatory
Support & Training:
Current owners will be available for 60 days post-acquisition to facilitate the transition to the new owner. The potential exists for longer-term employment or consulting arrangements if the new owner wishes.
Reason for selling:
Major health issue has impacted founders family and ability to grow the business
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