Submerge Wallets - Wearable Waterproof Wallets (For the beach)
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Website: https://www.submergewallets.com/ (4.5 years)
Launch campaign: https://www.kickstarter.com/projects/ronanfinnegan/submerge-the-waterproof-wallet-cardholder
Amazon storefront: https://www.amazon.co.uk/stores/SubmergeWallets/Homepage/page/FE65715E-C668-40BF-80EC-6F8BF0986F43 (Headhunted by Amazon Launchpad to join their Accelerator: Amazon built storefront and listings)
Submerge makes waterproof wallets that keep valuables safe. Sold via www.submergewallets.com (Shopify), Amazon, Etsy and some other small marketplaces. Products are sold worldwide.
Keep your valuables safe, secure and dry while you explore the outdoors.
Completely submersible.
The waterproof wearable wallet and cardholder.
Bring your wallet, cash, cards and keys into the water.
Submerge is not yet profitable. This business should not be valued on its revenue figures or profits, as the owner has actively been trying to avoid product sales due to his own time constraints (he is too busy with his other business - www.spacebands.com - currently valued at £4mil). Value this business on the opportunity, not the financials. The business has no limitations or restrictions. Expected sale price for Submerge Wallets LTD $19,997.
- New product ready for launch (phone holder)
- Large 20,000-person mailing list
Audiences:
WATERSPORTS - Surfers; SUPboards (stand up paddle); Windsurfers; Kitesurfers; Kayakers; Sailers; Snowboarders; Skiers.
MOUNTAIN ACTIVITIES - Cyclists; Climbers; Hiking; Horse riding; Mountain biking.
OUTDOORS - Backpackers/travel; Runners.
Customer journey:
Main offer - the Wallet and Cardholder bundle
Upsell from main offer - The Complete Accessories Bundle or individual accessories
Downsell - if they do not want the Wallet and Cardholder, individual Waterproof Wallet or Cardholder.
Best wishes,
Ronan
Launch campaign: https://www.kickstarter.com/projects/ronanfinnegan/submerge-the-waterproof-wallet-cardholder
Amazon storefront: https://www.amazon.co.uk/stores/SubmergeWallets/Homepage/page/FE65715E-C668-40BF-80EC-6F8BF0986F43 (Headhunted by Amazon Launchpad to join their Accelerator: Amazon built storefront and listings)
Submerge makes waterproof wallets that keep valuables safe. Sold via www.submergewallets.com (Shopify), Amazon, Etsy and some other small marketplaces. Products are sold worldwide.
Keep your valuables safe, secure and dry while you explore the outdoors.
Completely submersible.
The waterproof wearable wallet and cardholder.
Bring your wallet, cash, cards and keys into the water.
Submerge is not yet profitable. This business should not be valued on its revenue figures or profits, as the owner has actively been trying to avoid product sales due to his own time constraints (he is too busy with his other business - www.spacebands.com - currently valued at £4mil). Value this business on the opportunity, not the financials. The business has no limitations or restrictions. Expected sale price for Submerge Wallets LTD $19,997.
- New product ready for launch (phone holder)
- Large 20,000-person mailing list
Audiences:
WATERSPORTS - Surfers; SUPboards (stand up paddle); Windsurfers; Kitesurfers; Kayakers; Sailers; Snowboarders; Skiers.
MOUNTAIN ACTIVITIES - Cyclists; Climbers; Hiking; Horse riding; Mountain biking.
OUTDOORS - Backpackers/travel; Runners.
Customer journey:
Main offer - the Wallet and Cardholder bundle
Upsell from main offer - The Complete Accessories Bundle or individual accessories
Downsell - if they do not want the Wallet and Cardholder, individual Waterproof Wallet or Cardholder.
Best wishes,
Ronan
About the Business
- Years in Operation
- 6
- Employees
- Solopreneur
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- Keeping valuables safe at the beach is always a concern for beachgoers, regardless of season or location.
Designed by surfer Ronan Finnegan, who was all too familiar with the need to find a sneaky spot to try keeping his valuables out of sight, the Submerge wallet offers a solution for those sick of getting sand in their wallet or worrying about theft while out in the waves. The design of the wallet is waterproof for up to 3m.
This business does not have a physical premises. Products are shipped via 3PLs.
Business Website:
https://submergewallets.com/ - Website
- https://www.submergewallets.com
- Market Outlook / Competition
- Competition is limited. Submerge attains a trademark and a novel product.
This product is unique. There are other waterproof pouch solutions available on the market, but none are as comfortable and durable as Submerge. - Opportunities for Growth
- Historically, Submerge has only been sold online - directly to customers. There are opportunities available to wholesale the Submerge products in retail/wholesale stores (B2B). Outdoor gear warehouses, surf shops, climbing centres and beach towns.
This business could be supercharged with a strong social media (Instagram or TikTok) presence.
About the Sale
- Seller Motivation
- The founder is operating another business that has raised $2mil
- Transition Support
- The owner can provide support during the transition period for a period of 2 months to ensure a seamless transaction.
- Financing Options
- Upfront Purchase
Listing Info
- ID
- 2454506
- Listing Views
- 12
Business Location
Listing ID: 2454506 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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