Patented Shower Caddy Brand – $534K Profit – $2.35M Asking – 4.4x

Listing Type (?): Interesting Find

📸 Snapshot:

This business sells patented bath organization products with a flagship rust-proof shower caddy that installs without drilling or suction cups. The brand has sold over 300,000 units in its 5+ year run, with sales spread across DTC, Amazon, and retail partners like B&Q. The financials are strong: 80% gross margin, 45% EBITDA margin, 31% repeat customers, and minimal owner involvement.

✅ The Good:

• Patented Design: Multiple patents in place, offering some real product defensibility.

• Multi-Channel Sales: Selling through direct website, Amazon, and physical retailers.

• Operationally Lean: Just one employee; owner works ~6 hours per week.

• Strong Customer Metrics: 31% repeat purchase rate and 300K+ units sold.

• Good Track Record: 5+ years of operating history at consistent revenue levels.

⚠️ Watch Out:

• Product Concentration (Assumption): Listing reads like most sales are driven by a single hero SKU, but this isn’t confirmed — worth clarifying in diligence.

• Unexecuted Growth Claims: Easy international expansion is highlighted but not yet pursued — always a question mark why the seller hasn’t done it.

• Premium Valuation: At 4.4x profit, much of the future growth seems priced in.

• Missing Inventory Details: No disclosure yet on inventory requirements or capital tied up in stock.

💡 Bottom Line:
If the product and patent truly offer unique value, this could be a solid brand with long-term durability. But the concentration risk and untested growth levers mean any buyer needs to get very comfortable with both the product’s defensibility and the actual growth path post-acquisition.

[View Listing]