Cornhole Products Manufacturer and Ecommerce

Business Description

For sale is a California-based 16-year-old top-of-the-line cornhole products manufacturer. They design and create some of the best and most innovative cornhole products, accessories, and gear to ship across the US (soon they will also be shipping to Canada). All products are manufactured in California and sold 100% through the company’s website.

The model is unique, highly profitable, built for scalability, and easy to manage. The business has significant market recognition with a nationwide brand and has a database of 45,000 registered users.

The business has a staff of 15, including a COO trained to run daily operations. The owner would like to exit to return to the engineering/aerospace industry and would love to see a new owner enter and grow it to the next level. He is confident the staff will stay with the business post-sale.

2020 2021 2022 Jan-Oct 2023
Revenue $2,884,375 $3,948,851 $4,232,688 $4,579,256
SDE $1,420,024 $1,511,110 $1,192,343 $1,389,791

Financial Overview

Asking Price: $6,600,000 (Inventory Included)

Revenue: $4,253,598 (Three Year Avg. from 2021-2023)

Income: $1,364,414 (Three Year Avg. from 2021-2023)

Multiple: 4.8x

The listing is either pending or closed so the NDA cannot be signed