Well-Merchandised Hobby and Craft Store—RC Emphasis
| Gross Revenue: | $3,600,000 |
| EBITDA: | $279,000 |
For several decades, the Company has operated as a premier hobby and craft store in Canada. The Company carries a large and diverse inventory and generates approximately 47% of revenues from RC models. The Company has a strong and well-known retail presence, coupled with friendly and knowledgeable staff, as well as an Ecommerce-enabled website.
INVESTMENT APPEAL
• Superior Name and Reputation, Excellent Brand Awareness: The Company operates a longstanding and thriving business, with a well-known retail storefront location. The Company has a recognized brand name and logo, and draws a diversified customer base, attributed to its large and varied product mix.
• Diversified Customer Base: No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.
• Capable Management Team, Minimal Owner Dependence: The owners work less than 40 hours a week in the business, as they have put in place an excellent management team.
• Ecommerce Presence: The Company offers online shopping for customers that could be further marketed and expanded.
• Recession-Resistant Industry: During periods of higher unemployment, the Company has seen an increase in customers who have more time on their hands and need some fun activities to do, driving sales.
