$88,680
$88,680
3.5x
This is a design patent that generates passive licensing revenue with minimal time investment. The patent was filed in December 2021 and approved in August 2023. This patent is protected until 2038 and has generated $88K in revenue over the past 12 months.
The patent earns revenue through licensing agreements with companies selling products using the design, primarily on Amazon. The current applications include food-decision dice, conversation starters, date-night activities, and educational tools.
The business model is simple: monitor Amazon for infringing products, file IP (intellectual property) complaints, and negotiate licensing agreements with sellers. This typically requires only 2–3 hours monthly of oversight. The seller mainly focuses on patent infringement with Amazon FBA sellers.
There are currently 10 negotiated licenses with contracts (not including short-term licenses for 90 days or fewer).
Significant growth opportunities exist on untapped platforms like Walmart, eBay, and TikTok Shop, along with the potential for bulk licensing deals with larger brands in gaming and education. A new owner could launch their own products using the patent too.
This is an ideal acquisition for someone who wants a low-maintenance, cash-flowing asset. There are no overhead, inventory, or ongoing costs associated with the patent.
All assets transfer with the sale: patent ownership, contract records, licensee list, templates, and enforcement SOPs (standard operating procedures).
The owner will provide transition training, though the operation’s simplicity means minimal guidance is needed (they estimate that a new owner could pick this up in a few hours). The seller has launched a SaaS business and wants to speed up development.
The seller has been a buyer and seller (2x) with Quiet Light in past years.
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Ryan Condie has started 8 businesses, bought 4, and sold 2. He owns a lead generation software company, an FBA business, and is the host of the “Let’s Buy a Business” podcast.
In 2014, he started a candy factory from scratch which can now be found in Sam’s Club, Walgreens, and thousands of other stores.
Ryan also spent 8 years in software sales at several tech unicorns but his passion lies with online businesses and helping sellers achieve life-changing events through their business exits.
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