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Overview
yet2 is marketing a premium home food storage brand for sale or license. The company’s products include food container sets with a patented sealing mechanism, insulated lunch bags and a variety of on-the-go dining accessories. The brand is marketed to Millennial and Gen-Z customers and has a strong, existing customer-base and social media presence with 43K followers and 400K monthly impressions on Instagram.
The food containers have a patented container design with compressible liner allowing for the release of air, creating a 100% leakproof seal; no clips or release valves and is made from BPA-free Tritan Copolyester making them lightweight, durable, clear as glass, and more resistant to odors and staining than other plastics. They are dishwasher, microwave, and freezer safe and claim 70% stronger than traditional foodware (plastic, glass, ceramic). They are available in 3 sizes and also in bundle sets.
The business is self-funded, currently operates a D2C model and has had a 233% growth rate since December 2020 with 60% average gross margin.
Further information will be shared with prospective licensees/acquirers having credible interest. Extensive additional information may be made available to qualified interested parties under the provisions of a confidential disclosure agreement.
For questions, requests for additional information and follow-up, please contact:
Kim Ayers, Senior Innovation Services Manager
Email: [email protected]
Phone: (603) 801-5672