Issue link: http://deals.uberflip.com/i/1334236
Multi-location Appliance, Electronics, and Furniture Retailer Located in Southeastern US #63880 Sign NDA ► 2020 Revenue Est. $27,000,000 2020 EBITDA Est. $1,200,000 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. Todd Jackson Senior M&A Advisor Email: tjackson@generational.com Office: 615-649-6999 Generational Group 3400 N. Central Expressway, Ste. 100 Richardson, TX 75080 Fax: 972-392-8564 BUSINESS HIGHLIGHTS The Company is a leading home furnishing store selling appliances (43% of 2019 sales), furniture (25%), lawn & garden supplies (12%), mattresses (6%), and many other items including electronics, safes, flooring and other related products. The Company operates from numerous prime locations with a combined ~152,500 sq. ft. of retail space. For nearly 100 years, it has focused on providing the highest quality products accompanied by unparalleled customer service, enabling the Company to grow its footprint across multiple states. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS Over 95 yrs. of operations 6 Prime Retail Locations Essentially Debt Free INVESTMENT APPEAL • Stable Gross Profit and Earnings Margins - The Company has maintained an average gross profit margin of 37.6% and EBITDA margin of 5.3% over the historical period. • Strong Receivables Collection - Receivable collection days have averaged approximately 12 days over the historical period, well below the industry norm of 23 days. • Strong Balance Sheet - As of December 31, 2019, The Company's Current Ratio was 6.0, with net working capital of ~$8,200,000 and total equity of over $9,000,000. • Strong Management Team in Place - The management team has been focused on internally promoting and training highly qualified and tenured employees to take on additional responsibilities to ensure a smooth transition of ownership. Ownership is willing to remain through transition and may be willing to retained on a consultancy basis for a longer period as needed. GROWTH OPPORTUNITY Service Expansion Develop Sales/Marketing Geographic Expansion Product/Services Revenue Mix Appliances 43% Furniture 25% Lawn & Garden 12% Mattresses 6% Other 14%