Multi-functional HopperStand Universal Bag Holder and Table
Asset Sale Description
MULTI-FUNCTIONAL HOPPERSTAND UNIVERSAL BAG HOLDER AND TABLE - ASSET SALE
Unique opportunity to acquire the intellectual property and assets of HopperStand, a patented multi-functional outdoor utility product established in 2013. This versatile "Swiss-army knife" type product serves as both a universal bag holder and utility table, designed for camping, fishing, hunting, picnics, tailgating, beach trips, and backyard entertainment.
PRODUCT OVERVIEW:
The HopperStand features an adjustable frame with detachable accessories including table-top, stakes, and bag clips. Its patented design offers total flexibility to accommodate any ordinary bag while providing full versatility for indoor and outdoor applications. The product's tagline captures its essence: "ONE PRODUCT-TOTAL FLEXIBILITY-FULL VERSATILITY."
MARKET PRESENCE:
Currently sold through established online channels including HomeDepot.com, BedBathandBeyond.com, CampingWorld.com, Amazon, eBay, and Walmart.com, plus dedicated product website at www.hopperstand.com.
MARKET OPPORTUNITY:
The HopperStand addresses a significant market segment exceeding $1 billion in the home and outdoor living product category, specifically storage devices and utility tables. The product is well-positioned for large box stores selling small household furniture and outdoor/sporting equipment retailers serving outdoor enthusiasts. While competing products exist, none combine all the features and functionalities offered by the HopperStand.
ASSET SALE DETAILS:
This is an asset sale of a non-operating business. The owner ceased operations during COVID-19 and chose not to restart after the extended closure period. The sale includes patent rights, manufacturing knowledge, and established retail relationships.
SUPPORT PROVIDED:
The product is self-explanatory requiring no training. Seller will provide methods for improving manufacturability, reducing production and packaging costs, plus existing sales data.
FINANCING:
Asking price of $100,000 is fully negotiable with potential royalty arrangements available.
Location: Naperville, IL (DuPage County)
Established: 2013
Industry: Furniture & Fixtures
Unique opportunity to acquire the intellectual property and assets of HopperStand, a patented multi-functional outdoor utility product established in 2013. This versatile "Swiss-army knife" type product serves as both a universal bag holder and utility table, designed for camping, fishing, hunting, picnics, tailgating, beach trips, and backyard entertainment.
PRODUCT OVERVIEW:
The HopperStand features an adjustable frame with detachable accessories including table-top, stakes, and bag clips. Its patented design offers total flexibility to accommodate any ordinary bag while providing full versatility for indoor and outdoor applications. The product's tagline captures its essence: "ONE PRODUCT-TOTAL FLEXIBILITY-FULL VERSATILITY."
MARKET PRESENCE:
Currently sold through established online channels including HomeDepot.com, BedBathandBeyond.com, CampingWorld.com, Amazon, eBay, and Walmart.com, plus dedicated product website at www.hopperstand.com.
MARKET OPPORTUNITY:
The HopperStand addresses a significant market segment exceeding $1 billion in the home and outdoor living product category, specifically storage devices and utility tables. The product is well-positioned for large box stores selling small household furniture and outdoor/sporting equipment retailers serving outdoor enthusiasts. While competing products exist, none combine all the features and functionalities offered by the HopperStand.
ASSET SALE DETAILS:
This is an asset sale of a non-operating business. The owner ceased operations during COVID-19 and chose not to restart after the extended closure period. The sale includes patent rights, manufacturing knowledge, and established retail relationships.
SUPPORT PROVIDED:
The product is self-explanatory requiring no training. Seller will provide methods for improving manufacturability, reducing production and packaging costs, plus existing sales data.
FINANCING:
Asking price of $100,000 is fully negotiable with potential royalty arrangements available.
Location: Naperville, IL (DuPage County)
Established: 2013
Industry: Furniture & Fixtures
Detailed Information
- Years in Operation
- 12
- Facilities & Assets
- What is included –
1. 6 high quality injection molding tool set
2. Finished product sample
3. Printed flyers and insert sheets art work
4. Original engineering design files and knowledge on alternate methods to produce certain parts
5. Product website and domain
About the Sale
- Transition Support
- No training is necessary - product is self-explanatory. Methods for significantly improving manufacturability, lowering production and packaging costs and sales data will be provided.
- Seller Motivation
- Shut down business during Covid and did not restart as too much time had elapsed
- Financing
- Asking price is fully negotiable depending on royalties or no royalties.
Listing Info
- ID
- 2346624
- Listing Views
- 417
Attached DocumentsAttachment Disclaimer
HS_SELLSHEET_08_15_2018_11x17.pdf
Listing ID: 2346624 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
