Description This is an opportunity to license a well-known patent protected, trade dress protected, consumer product brand. The market has been well-proven and there is plenty of room for growth. The previous licensing agreement is currently inactive and the owner of this brand is looking for a new suitor. This is a great opportunity for a strategic move to diversify product offerings, or a private equity company to add to an existing consumer branded portfolio with minimal upfront costs. The total gross sales from the previous licensee ranged between $1.1M and $1.6M, however the current owner believes that the right licensee with a greater presence in the retail space could garner significantly more sales. The brand is very unique and has been on Oprah's favorite items for Christmas list.
Please Note:ÿ The business has recently been transferred out of a licensing agreement back to the original founder and current revenue and SDE information is not yet available.ÿ Historical information will be provided in our Confidential Business Review.
