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Manufacturing and Distribution of Specialty Novelty Products

Off-Market

Hardin, IL

Manufacturing / Distribution Of Speciality Novelty Products

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Revenue

$5,500,000

Earnings (SDE)

$750,000

Margin

13.6%

Year Established

1994

Listed

30+ Days

Customers

Individuals and Retail Chains

Customer Acquisition

Sales channels: Amazon, DTC/website, international distributors, and major retail chains like Ace Hardware and True Value.

Team

Employs around 30 people in the business.

Owner's Role

Actively involved in the business, handling product development and innovation.

Reason for Selling

The owner is not looking for a full exit. He wants to sell 10-20% of his company and have someone work inside the company and/or purely invest while he continues to operate the business.

Contracts

Yes

Real Estate

N/A, as the owner is not looking for a full sale.

When Are You Looking to Sell

ASAP

Licenses Required

No

Additional Notes

Developed and patented hundreds of products over the years, with a focus on novelty items, specialty oral gift-able products, and household goods. The owner is in the process of closing large partnerships and is seeking a capital partner to support growth. The company has been featured in numerous media outlets and had a reality show on the Discovery Channel a decade ago.

Business ID: 1365

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