Acquisition Opportunity: Established Neoprene Drinkware Product Line for Strategic Integration
A unique acquisition opportunity that could significantly enhance your existing gift ware, licensing, or promotional goods business. Mugzie, a well-established product line of patented and trademarked neoprene and stainless steel drinkware, is available for immediate purchase.
For 12 years, Mugzie has been a successful provider of high-quality, innovative neoprene drinkware, including travel mugs, cocktail shakers, coozies, and drink cups. Our products stand out due to their unique designs, licensed patents in the USA and China, and trademark protection across the USA, Canada, and China. Manufacturing takes place right here in the USA with minimum unskilled labor.
Mugzie’s sales are generated through diverse channels:
• Promotional distributors
• Wholesale to the gift industry
• Direct sales through Amazon listings
• Contract work for license holders or private label
Our just-in-time finishing process minimizes waste and ensures fresh, in-demand inventory. We have also completed successful contract work for pro sports and NCAA license holders in the past.
Why Mugzie is a Strategic Fit for Your Business:
This acquisition is specifically designed for a business already involved in light manufacturing within the giftware or promotional goods industry. Companies with existing experience working with neoprene would find even greater synergy.
Here are some key benefits:
• Established Brand: Leverage a recognized brand name with a 12-year track record.
• Intellectual Property: Gain ownership of valuable USA and China patents, trademarks, and web domain.
• Turnkey Operation: Acquire all necessary FF&E (sewing machines, dies, molds, assembly equipment, fabric cutter, cutting tables, racks, etc.) valued at approximately $60,000.
• Existing Inventory: Benefit from approximately $20,000 in inventory and supplies.
• Established Sales Channels: Seamlessly integrate existing Amazon listings with your own Amazon store. Wholesale customer data.
• Proven Profitability: In 2024, Mugzie generated $150,000 in sales with a profit of $60,000, even without active advertising or dedicated sales personnel.
• Priced for quick sale: Priced below FF&E and Inventory value.
• Easily relocatable
For a Quick Sale:
Owner recently turned 65 and am looking to downsize, Mugzie is priced aggressively for a quick and seamless transition.
This is not a standalone business opportunity; it’s designed to be integrated into an existing operation that can leverage its established infrastructure and market presence.
Mugzie can be a valuable addition to your existing business, expanding your product line, strengthening your market position, and driving increased profitability.
I am available to discuss this opportunity further and answer any questions you may have. Please contact Gary at 909-261-1260 or gary@artplates.com to schedule a confidential conversation.
Will co-op.