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Business for sale in USA - Consumer Audio Brand: JLab Audio
| Asking Price: | 2,100,000 $ US |  |
Real Estate: | Lease |
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| Sales Revenue: | 1,150,000 $ US | ||||||||||
| Net Profit: | 150,000 $ US | ||||||||||
| Year Established: | 2004 | ||||||||||
| Employees: | Not Disclosed | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Other industries
Business categories:
High Tech
Business description
Unique, trendsetting company engaged in the design, development, manufacturing, import, marketing, distribution and worldwide sales of innovative consumer electronic audio products. JLab Audio has established a profitable and growing market position with its innovative line of portable consumer audio products. The company was launched at the 2006 Consumer Electronics Show (CES), where it unveiled two amazing new products: The B-Flex USB speaker on a flexible cable and MiniBlaster pocket-size speaker for iPod nano. Both products received worldwide acclaim in print and online, including prominent features in the New York Times, on ABC News, and NBC News, and on gadget web sites worldwide. Soon after, JLab introduced the JBuds Noise Isolating Earbuds, which quickly became the #1 best-selling earbuds on Amazon.com, outselling Sony and all other brands. Jlab products are distributed by leading national distributors in North American and soon in Europe. JLab has 2 patents granted in the USA and China with one more patent pending, protecting its IP rights for many years to come. JLab is going into the Christmas season with JBuds performing as the best-selling earbuds on Amazon.com. JLab products are also sold in several retail stores and on Target.com, SamsClub.com, CompUSA.com, and many other leading websites. Increased staffing and marketing could easily generate $5 million to $10 million in sales. - Featured in New YorkTimes, ABC News, NBC News - No. 1 best selling earbuds on Amazon.com - 100 percent Relocatable - Protected by 2 patents in USA and China; 1 patent pending - Product design platforms assure continued sales and growth
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | 4 |
| Reasons for selling: | Pursue other interests |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | yes |
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| Will owner sell real estate?: | yes |
| Included in asking price?: | yes |
| Value: | 0 $ US |
| Location: | Not Disclosed |
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