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Online Retailer Reusable Drinkware In Los Angeles County For Sale

Los Angeles County, California - South, US
Asking Price:
$495,000 Inventory / Stock included
Sales Revenue:
Under $100K
Cash Flow:
$23,479

6 Year Old Business in the Rapidly Growing Reusable Drinkware Space

This business comes complete with $1,202,448 in existing inventory! (at retail)
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 utensil 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!

The company has been featured in National Geographic, Whole Foods, BuzzFeed, US Weekly, CNBC, and Refinery29

The list of assets included in this deal includes 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 its ability to measure a company’s entire social and environmental impact.

This acquisition would be perfect for:
• 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

Extremely favorable acquistion terms!

$495,000 purchase price
$195,000 existing loan at 3.75% (Monthly payment of $975)
$150,000 seller finance amortized at 5 years at 9% interest with 2 year balloon. (Monthly payment of $3,113)
$150,000 down payment at close

Property Information

Location:

Business is fully virtual, and can be operated anywhere in the world. Inventory is stored and shipped from contract 3PL

Business Operation

Expansion Potential:

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.

Reasons for selling:

Major health issue has impacted founders family and ability to grow the business

Trading hours:

24/7 online retail and wholesale

Employees:
2
Years established:
6

Other Information

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.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Extremely favorable terms!

$495,000 purchase price
$195,000 existing loan at 3.75% (Monthly payment of $975)
$150,000 seller finance amortized at 5 years at 9% interest with 2 year balloon. (Monthly payment of $3,113)
$150,000 down payment at close

Inventory / Stock value:
$1,202,448 - included in the asking price
Relocatable:
This business can be relocated.
Distressed:
This business is a turnaround opportunity.