Leading Manufacturer of a Full Line of Drawer and Component Systems

South East

VEN1996
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $4,030,000

EBITDA: $294,000

FF&E: N/A

Inventory: N/A

Established: N/A

Leading Manufacturer of a Full Line of Drawer and Component Systems

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Business Description

The company manufactures high quality drawer systems and components for original equipment manufacturers (60%) and distributors (40%) as ready-to-assemble (RTA) or preassembled.

Key aspects
•Adjusted EBITDA has grown at a compound annual rate of 57.4% from 2014 to 2017
•Margins have been consistently increasing over the last four years
•$1M of secured orders as of October 31, 2018
•Serve large, national furniture distributors and retailers in both commercial and residential markets
•High level of repeat business, as a result of its long-term customer relationships
•In operation for over 42 years with a high degree of recognition and an excellent reputation in the industry
•Products are manufactured with minimal waste
•Adheres to several renowned environmental policies

Opportunities
•Expand product sales, existing and new through National Distribution Network
•Increase sales with re-emerging larger Original Equipment Manufacturers (OEM)
•Leverage the companies longevity and reputation to sell complimentary products to existing and new accounts
•Implement an established base of suppliers from abroad
•Explore the opportunity to double the size of the current facility

Headquartered
•Southeast US

Current markets
•The company mainly targets OEM's (60%) and distributors (40%) to re-sell to commercial and residential clients across North America.

Real estate
•The company operates from a company-owned facility in the Southeast United States. The manufacturing facility has numerous opportunities for expansion. The owners are open to including the facility in the sale and open to negotiation.

Shareholder/owner objectives
•The firm is owned by two shareholders. They feel the company is in a position where new ownership can take advantage of the growth opportunities in the industry. Both are ready to remain with the business for a transition period.

Attached Documents


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Leo Vanderschuur

Business Listed By:
Leo Vanderschuur

Benchmark International

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Sponsoring Broker:
Emily Cogley

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