In 2015, a company innovated the personal evaporative cooler category with desktop air coolers using water evaporation instead of refrigerants. Their products, priced at $99, $149, and $199, rely on a patented nanofiber cartridge. The company is not a reseller or dropshipper but offers a comprehensive package including brand, patents, trademarks, manufacturing logistics, customer base, and more. The sellers aim to leave the consumer market to develop industrial applications of the technology. Key highlights include four issued patents and 16 trademark registrations across multiple jurisdictions. The business has maintained profitability, generating $21M cumulative revenue from FY21 to FY25 with a 26.5% net margin. Highlights also feature a strong consumer presence in Australia and on Amazon, with no suspensions or penalties from major platforms. The company boasts over 100K active customers and an 80K-subscriber email list, receiving recognition from prominent media and design awards. Growth opportunities are available in retail, new product lines, and global partner channels. The founder runs operations with a part-time commitment, supported by a remote European-based team. Operational aspects include collaborations with a top-tier Chinese manufacturer and various sales teams, managing inventory cycles effectively. Financial analysis for the trailing 12 months shows $3.21M revenue with $859K net income. The asking price is $2.95M, with assets including brand rights, technology licenses, tooling, inventory, websites, vendor accounts, and email lists transferred at closing. The sale process requires interested parties to sign an NDA to access detailed information.