Issue link: http://deals.uberflip.com/i/1312534
Acquisition Opportunity Commercial Drywall Contractor & Provider of Drywall Supplies Midwest Region, US Est. 2020 Revenue: $6.6MM Est. 2020 EBITDA: $800K ▪ Superior Name and Reputation: In operation since 1978, the Company has built substantial goodwill by providing quality performance and excellent customer service. Management credits reputation and established strong customer relationships as the two most critical factors contributing to the Company's historical success. ▪ Range of Services: By having a supply house in addition to its subcontracting business and providing insulation work, the Company is vertically integrated and is more effectively able to compete in the marketplace. The Company has over 30 active accounts and maintains an 85% rate of repeat business. ▪ Management Will Remain through Transition: The active shareholder is willing to remain with the Company at least during a transition period in order to ensure a seamless transfer of ownership. The owner would be interested in considering a full-time and long-term position with the Company post transaction. ▪ Strong Financial Performance: As of December 31, 2019, The Company's unadjusted current assets were approximately $2,452,000 and current liabilities were $606,000, resulting in a Net Working Capital (NWC) of $1,846,000. Additionally, the Company achieved an average EBITDA margin of 10.7% during the historical period. ▪ Positive Industry Forecast: The value of US private and public building construction, which is a major driver for drywall, plaster, and insulation contractors, is forecast to grow at a CAGR of 4% between 2019 and 2023. Client # 61899 Jerry Yocum Generational Equity Managing Director 614-432-8580 (Tel) 214-764-1362 (Fax) jyocum@generational.com The Company is a commercial drywall contractor providing metal stud framing, insulation, drywall, and acoustic ceilings. It also operates a drywall supply house selling directly to home builders and other commercial contractors. The Company primarily serves the grocery, retail, automotive, schools, and medical industries within 50 miles of its location. The Company serves 30 active customers with its largest 2 customers each accounting for 20% of revenue in 2019. The Company operates from two facilities leased from unrelated third parties at the fair market lease rates. The facilities are next door to each other and combine for roughly 20,000 square feet. l.tfaforms.net/4660083?DealID=a1LA0000004DSes DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller.