SuckerStraws supplies bars & restaurants across the globe with zero-waste metal straws that help them impress their customers.
The business already:
- Supply 50+ businesses across 12 countries
- Have saved 500,000+ straws from landfill
- Operate in a rapidly growing market (worth $9B USD by 2025)
- Have headline customers such as Curzon Cinemas and Richard Branson’s Necker Island
- Are a 100% carbon-neutral business
- Help fund Kenyan reforestation projects
Disposable straws are out. Consumers and governments around the world are demanding that the hospitality industry reduce waste.
81% of consumers feel strongly that companies should help the environment while 73% are already changing their consumption habits to reflect this.
The Current Options for Bars & Restaurants:
Plastic Straws are being banned. Paper straws go soggy, ruining the drink and experience. ‘Bio’ is deceptive as it won’t actually break down in landfill or the ocean. Single-use straws continue to exhaust out natural resources.
Venues that are failing to adapt will lose customers.
Benefits to the venue of using SuckerStraws instead:
- Increased footfall: Sustainability boosts demand and gets customers talking.
- Improved pricing power: upgrades drinks and differentiates their offering.
- Sustainability and cost-savings: reusable like cutlery, stops endless waste, and saves the business money.
Curzon Cinemas were interviewed by DEFRA UK about their switch to reusable metal straws: https://vimeo.com/387821756
The Current State of Business:
Trademarks: “SuckerStraws” and “Sucker Straws” wordmarks registered with the IPO
Accreditations: Working with Sustainable Restaurant Association to help their venues Reduce, Reuse and Recycle.
Warehousing & Fulfilment: Outsourced to Fulfilmentcrowd.
Business Processes: Orders come in to our email address or the website and are processed manually. We have negotiated agreements with an extremely high-grade manufacturing facility in China.
Why are we selling:
The founders have to move back to Australia for family reasons and would like to sell quickly.
We will provide post-sale support with the transition for 2 weeks.
This business is perfect for someone with marketing and B2B sales expertise who genuinely believes in changing the world for good.
After buying this business, you will:
- Own the future profits.
- Own part of the zero-waste revolution.
- Feel proud going to venues that serves SuckerStraws
- Be able to tell your friends that you own this company.
But if you decide not to, you will:
- MISS OUT on any future profits.
- MISS OUT on the zero-waste revolution.
- MISS OUT on feeling proud going to venues that serves SuckerStraws