Why is Scrub Daddy Company for Sale Even After $220 million in Revenue?
Imagine running a company that pulls in $220 million in just one year. Most would cling to such a successful enterprise, yet the founder of Scrub Daddy, Aaron Krause, is contemplating a sale. The home cleaning brand Scrub Daddy has made a splash in the market with its innovative sponges and cleaning tools. However, Reuters reported that the founder might put the company up for sale, even after hitting an impressive $220 million sales for 2023. In its peak time, why did Aaron think of selling the Scrub Daddy? Why Selling Now? Why would a founder like Aaron consider selling a flourishing business like Scrub Daddy? In the business world, there can be several personal and professional reasons to sell their company. But this is…