Description of the business for sale
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
Support / Training provided by seller
Seller will provide training for 4 weeks at 20 hours/week.