Eliminating the need for paper tools

Watervliet, MI
YOWEL with towels

Seller Financing Available

Asking Price:$950,000
Established Year:2021
ASSET SALES DESCRIPTION

Help the environment and save consumers money!

Yowel is a patented dispenser system for reusable towels. It was nominated as one of the top three innovative products for 2023 by the World of Wipes association. (WOW). The 40 Yowel towels that you receive with the initial order will replace over 6000 paper towels or approximately 150 rolls annually. All tooling, patents, trademarks are owned by Yowel. Yowel is
produced in St. Charles, Illinois. The paper towel market is $6 billion annually. To produce this quantity of paper towels you will need the cut
down millions of trees, pollute the waters and fill landfills with millions of pounds of waste. The intent is to market Yowel on social media and Amazon, which it is presently on. Yowel is searching for an organization that has the expertise to take Yowel to market. Based on results the organization taking Yowel to market can own and or control Yowel. PLEASE REVIEW the YOWEL WEBSITE to further understand YOWEL. Yowel didn’t run out of money it ran out of talent therefore if you have the talent to take Yowel to market let’s talk! We are basically indicating you can own Yowel over a period by selling Yowel and use the profits to purchase Yowel ownership. You are not obligating yourself/company to the $950,000. It is the amount the Yowel owners want to receive at some date


DETAILED INFORMATION
Location
Watervliet, MI
Facilities
No brick and mortar. We sub contract manufacturing. We presently have no overhead
Financing
100%
Support & Training
We will provide whatever support you feel is necessary.
Reason for Selling
I am 81 years and well off financially. I have run out of energy for business.

BUSINESS LOCATION
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Ken Krengel
Ken Krengel