TV, Antenna, and Accessory Design-Manufacturer: 40-50% Gross Margin

Kentucky
listing image
Gross Revenue:$1,128,870
EBITDA:$64,303
BUSINESS DESCRIPTION

Founded in 2016, this company designs and manufactures Advanced Entertainment Solutions for mobile and home applications. Their products include over-the-air TV antennas and 12V DC-powered LED televisions, which are especially popular with owners of recreational vehicles (RVs).

The audio/visual innovations driving this company's products span a 70-year history of invention. Many of the early products were conceived and designed by the owner's father and grandfather who had electrical engineering backgrounds. Those products are still in operation today, providing the foundation for the company's unique digital product portfolio. The company has recently developed two new products that are unique within the industry and will provide outstanding opportunities for future growth.

The company has established a recognizable brand within the industry, as well as a reputation for producing quality products at affordable prices, supported by outstanding customer service and technical support. The company boasts gross margins of nearly 50% and has demonstrated sustained growth every year since inception aside from 2022 (due to post-Covid supply chain issues).

A new owner could drive substantial expense savings by diversifying the company's sales channels, as currently the majority of the company's sales are through Amazon, which results in Amazon sales and marketing fees of $273K annually on average.


DETAILED INFORMATION
Location
Kentucky
Inventory
Not Included in asking price
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Dino Lucarelli
Capital Tactics
Dino Lucarelli