Issue link: http://deals.uberflip.com/i/1323418
2020 Est. Revenue $11.0M | 2020 Est. EBITDA $980K Available for acquisi on: This mul -loca on retailer of upscale casual apparel and sunglasses, provides a wide assortment of the most popular brands combined with a high level of customer service. In 2018, revenue was derived from sunglasses (43%), men's apparel (40%), women's apparel (8%), and other products which include children's items, footwear, accessories and miscellaneous hats, wallets, coolers, and s ckers. The Company con nues to maintain strong margins on its retail products. Over the years, the Company has expanded the total number of retail loca ons across the Southeast and offers customers a huge selec on of name brand sunglasses and casual apparel. At each loca on, there is a dedicated team of professional sales associates whose goal is to provide customers with an informa ve and fun shopping experience. The Company carries popular brands in sunglasses and casual apparel. Sunglass brands include Costa, Oakley, Ray-Ban, Spy Op cs, Tory Burch, Smith Op cs, Under Armour, Maho, and other top brands. Apparel brands include Costa, Over-Under, MG Palmer, Southern Fried Co on, Southern Marsh, Southern Point Co., Simply Southern, Drake, and other major brands that fit the southern lifestyle. The Company serves retail customers, including residents and tourists, men, women, and children. Outside sales and marke ng efforts include billboards, social media, and an informa ve website. The Company's owners are supported by an employee base of approximately 18 full- me and 70 part- me employees. Opera ons are managed from a 1,400 SF office with nearby warehouse space. Retail loca ons average 5,400 SF each. All facili es are leased from independent third par es at fair market rates. For more information, please sign the Non-Disclosure Agreement DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be lia- ble for any loss or injury suffered by said recipient in any way connected to the delivery by Genera onal Equity of this document. At all mes Genera onal Equity and its affiliate network members is an agent for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. Barry DeWi , Sr. M&A Advisor Tel: (727) 415-1487 Email: BDeWi @Genera onal.com Genera onal Equity, LLC 11175 Cicero Drive, Suite 100 Alphare a, GA 30022 Client #61359 www.Genera onal.com I www.DealForce.com Investment Considera ons Superior Name & Reputa on Founded in 2004, the Company has established itself as a leading specialty retailer in the Southeast for upscale casual apparel and sunglasses. With mul ple retail loca ons in several states, the Company has a well-established and scaled footprint, and benefits from name brand recogni on. Documented Systems & Procedures The Company has established systems and procedures that are well documented, and has a dedicated training manager. Coupled with a long history of researching new markets and opening new stores, the Company has an easy-to-replicate, standardized growth formula. Strong Supplier Rela onships The Company has many strong and longstanding supplier rela onships providing reliable sourcing for a wide variety of desirable inventory. Specialty Retailer of Sunglasses & Upscale Casual Apparel Located in Southeastern US Region -- Mul Loca on
