Listing 4498
Trademark Royalties From Cherry Garcia Ice Cream
- Ben & Jerry's
- Non-Music Asset
- …
Offers
Sale Price
$85,000
6.94 x LTM
Listing Tools
Price Tracker
15 offers made by 5 buyers
- List price
- Closed
- Accepted
Offer History
$85,000
Seller made 4 years ago
Seller OfferSeller Counteroffer$84,500
Buyer 5 made 4 years ago
Buyer Offer (Rejected)Buyer Counteroffer (Rejected)$85,500
Seller made 4 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$84,000
Buyer 5 made 4 years ago
Buyer Offer (Rejected)Buyer Counteroffer (Rejected)$86,000
Seller made 4 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)
About
- $12,240
- 3-Year Average
- $12,044
- Earnings Since 2015
- $72,087
- 34.88 Years
- Work Included
- 1
- —
- $40,000
- Owner Last Active
- Over 30 days ago
- Last Transaction Price
- $100,000
- Last Transaction Date
- Oct 27, 2020October 27, 2020
- Term Adv 10-YearTerm Advance 10-Year
- Years Remaining
- 8.64
- Expiration Date
- Oct 27, 2030October 27, 2030
The information on this listing was accurate as of the last earning statistics update on
Sale History
Other Information
These royalties stem from the gross sales of popular Ben & Jerry’s ice cream flavor — Cherry Garcia and are paid out quarterly.
The seller acquired a 10-year term interest through an auction in 2020 and is now selling that interest. This collection term expires on October 27th, 2030, after which the royalties will revert back to the original owner.
Officially released in 1987, Cherry Garcia is a nod to the celebrated and acclaimed guitarist/songwriter Jerry Garcia of the iconic band Grateful Dead. The flavor was an instant hit. Over three decades years later, it remains one of Ben & Jerry’s most popular and “longest-serving” products.
These earnings come from the licensing of the Cherry Garcia trademark. This means the winning bidder will earn royalties from the gross sales of all Cherry Garcia-related products under the Ben & Jerry’s line. Currently, Ben & Jerry’s offers five variations of the Cherry Garcia flavor: ice cream, frozen yogurt, ice cream treats, non-dairy, and light ice cream, along with merchandise. Essentially, whenever Cherry Garcia ice cream (or any of its variations) is sold, you'll earn royalties.
WHAT IS BEING SOLD?
The right to the seller’s interest — which expires October 27th, 2030 — in the domestic (U.S. only) royalties derived from the licensing of the Cherry Garcia trademark.
This catalog will not be automatically added to the Secondary Market of The eXchange. The winning bidder can contact Royalty Exchange to relist.
Financials
* Historic royalty income does not guarantee future royalty income. Future royalty income depends upon future sales and licensing revenue generated by the intellectual property associated with this listing. All earnings analysis and investment decisions are investors’ sole responsibility per Royalty Exchange’s Terms of Use.
Included Works
| Work Title | Work ID |
|---|---|
| Cherry Garcia | 1 |