10 Year CPG Brand | Premium Production Cookware | 19 Patents & 10 TMs
Asking Price: | $5,020,000 |
Gross Revenue: | $4,015,204 |
Established Year: | 2014 |
Cash Flow: | $1,115,259 |
EBITDA: | $1,115,259 |
70% DTC & 30% B2B | 40% Year Over Year Growth | Proprietary Products
Website Closers® presents a 10-year Veteran eCommerce Brand with its own proprietary product line in the Production Cookware Vertical. The company mission is to provide consumers with a healthy, sustainable set of products that are free of synthetic, toxic coatings, induction capable and come with a multi-century warranty. These products are of the upmost in quality and aesthetic, and with over 70 products offered to the market, there is a wide range of cooking products offers to its loyal customers.
To ensure that the company has control over the proprietary nature of its products, it holds 19 patents and 10 trademarks. This intellectual property raises the stakes for competitors and creates a strong moat for many years to come.
These innovations are providing the company with 40% Year over Year Sales Growth, and based on current trends, it appears that the company is just scratching the surface in growth. The company is also a top exporter to the U.S., Japan, South Korea, and the UK, where they maintain high growth rates. Every country they operate within represents millions of dollars in growth potential, all ready for buyer interested in the Kitchen Niche to take the reins and run.
The company has nearly a decade of experience attracting a wide audience across the globe, and its 70+ products are proprietary and can’t be purchased elsewhere. 70% of sales generate direct to consumer via its branded website. The company also mixes in B2B sales with 130+ retail outlets, including a prominent department store chain. This mix of DTC and B2B sales channels has allowed them to scale in multiple directions, all on strong margins and a lean operation.
The following are important KPIs for this business:
• 10 Years of Healthy Cooking Products
• All Proprietary Products
• 19 Patents
• 10 Trademarks
• 72 Products
• 70% DTC Sales
• 40% Year-Over-Year Growth
• $230 Average Order Value
• 40,000+ Email Database
All products are made for this brand by reliable manufacturers including several in the U.S. With a $230 Average Order Value and 40% YOY growth rates, the business is in the perfect position to trade to a new owner. An experienced team is in place to manage daily operations, including managers of administration, operations, sales, and marketing. That team can keep the business operating smoothly while a new owner focuses on scaling it. The business can be operated from anywhere in the world as long as you have a laptop and an Internet connection.
The buyer of this business inherits a successful marketing strategy that includes social media campaigns on Facebook and Instagram, PPC ads on Google, and the use of influencers. Operating in a high value niche space with unique products, this company is poised for solid growth under the right care.
Contact Website Closers to learn more today.
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