Share
Toadfish

ACQUISITION OPPORTUNITY OVERVIEW

Hilco Streambank is offering for sale the intellectual property and related assets (the “Assets”) of Toadfish, LLC, a lifestyle brand featuring fishing equipment, drinkware, and cookware tailored for coastal living.

A sale of the Assets will be conducted pursuant to Article 9 of the Uniform Commercial Code on May 4, 2023 at 12:00 p.m. ET on behalf of the secured lender (the “Lender”). Offers are due to Hilco Streambank on or before May 2, 2023 at 12:00 p.m. ET.

A LIFESTYLE BRAND SERVING INNOVATION AND ESSENTIALS TO OUTDOORS ENTHUSIASTS

Toadfish offers a range of innovative, eco-friendly products across fishing, drinkware, kitchen, and apparel categories, essential for the boating, fishing and outdoor communities. As these communities grew during the COVID-19 pandemic, so did the brand, and it continues to resonate with its loyal customers.

BUILD UPON THE BRAND’S RAPID GROWTH AND MOMENTUM

Not only has the brand experienced robust sales which have held steady since 2020, but it has developed diverse channel partners, including Amazon, Big Rock Sports, Lowe’s, and Academy Sports.

Toadfish
Toadfish
THE BRAND IS OPERATIONAL, AND ITS STABLE OF INVENTORY CREATES AN OPPORTUNITY FOR CONTINUITY FOR A BUYER

Toadfish continues to operate and generate revenue from sales via its e-commerce site Toadfish.com and its valuable wholesale partners. The company has over 160,000 units of product in its warehouse, totaling $1.6 million at cost as of April 2023. This inventory is available to a buyer.

Toadfish

ASSETS AVAILABLE FOR SALE INCLUDE

  • Trademarks
  • Domain Names including Toadfish.com
  • Active Amazon Seller Account with $158,000 FBA Inventory at cost,1 subject to change based on sales
  • Patents including 2 issued US utility patents, 2 utility patents pending, and 4 issued US design patents
  • Accounts Receivable
  • Customer Data
  • $1.6 million of Inventory at cost in Toadfish’s warehouse as of April 2023, subject to change based on sales
  • Social Media Accounts totaling over 225,000 followers across platforms
Social Media
BID DEADLINE

May 2, 2023 at 12:00 p.m. ET

AUCTION

May 4, 2023 at 12:00 p.m. ET

 

Interested parties may submit offers for some or all of the Assets. Contact the Hilco Streambank professionals below to learn more and to request a non-disclosure agreement.

LIENS, CLAIMS AND ENCUMBRANCES; AS IS, WHERE IS

The Assets will be sold free and clear of the Lender’s lien and any subordinate security interests in the Assets. The Assets are being sold without recourse to the Lender and its attorneys, agents, or representatives. The Lender does not claim title to the Assets being sold hereunder and disclaims any warranty of title, possession, and the like in the sale. Potential bidders are encouraged to conduct their due diligence including tax and other implications of a potential purchase. The assets are being sold as is, where is, and subject to definitive documentation.

CONTACT US

 1 FBA (Fulfilled by Amazon) inventory may be subject to a lien in favor of Amazon.

 
 
Generate New Image