Designer, Importer, & Distributor of Home Furnishing Products
Cash Flow: | $447,000 |
EBITDA: | $388,000 |
Gross Revenue: | $2,400,000 |
BUSINESS HIGHLIGHTS
This outstanding acquisition opportunity is for a designer, importer, and distributor of home furnishing products to retailers and individuals. The Company maintains excellent relationships with large retail and online platform companies. In 2022, the Company’s top customers included Amazon, Wayfair, Overstock, Walmart, and Target among others. Profit centers in 2022 included Wooden Household Products (60% of revenues) and Metal/Fabric Partitions (40%).
INVESTMENT APPEAL
Superior Name & Reputation — The Company enjoys a long-standing reputation for its focus on providing high-quality furniture imports. The Company specializes in wooden household products and select partitions, backed by exceptional service.
Strong Customer Relationships and Blue-chip Customer Base — The Company has strong ties to many blue-chip customers, retailers, and merchants due to its reputation for providing quality, stylish furniture along with excellent customer service. This commitment is represented in the strong customer retention rate.
Efficient Use of Technology — The Company’s ownership has developed an in-house software system to facilitate the Company’s operations and manage client orders and shipping. The Company enjoys a distinct advantage through its use of software and technology and benefits from a lean operational structure to support large ordering volumes.
Rising Gross Profit Trend — Throughout the historical period, gross profit increased from 40.6% of sales in 2020 to 46.9% of sales by the end of 2022. The Company has been able to efficiently control its cost of sales after high growth, demonstrating its ability to maximize profitability potential.