Issue link: http://deals.uberflip.com/i/1334236
The Company operates an Ace branded retail hardware store and sells products in a broad range of categories, including lighting and electrical, plumbing, paint, hardware, building supplies, heating and cooling, housewares, grills and smokers, outdoor living, tools, lawn and garden, home and decor, and automotive products. The Company caters to commercial, institutional, and retail consumers within a 30-mile radius, and has expanded its business through its relationships with contractors (particularly those involved in property repair services) and other commercial enterprises. Company Strengths • Superior Name and Reputation: The Company has a long- standing reputation as a leading hardware retailer in the area, operating under the Ace brand. • Loyal and Diversified Customer Base: The Company's database comprises approximately 150 active house accounts that generate material repeat business each year. • Strong Supplier Relationships: The Company has long-term relationships with a diversified vendor base. These relationships enable consistent hardware supplies sourcing capabilities. • High-Caliber and Tenured Staff: The Company has extremely experienced and talented personnel to grow and support its business. • Management Continuity: One of the owners is willing to stay with the Company during an extended transition period in order to ensure a seamless transfer of ownership; further, two are open to remaining in a transition period as needed. Business Expansion Opportunities • Underlying Industry Strengths: Hardware stores have a recurring and recession-resistant business. • Market Expansion: The Company could leverage its current strengths and contractor relationships and expand its market share locally. • Online Expansion: As the Company is an authorized dealer for many name brand products, it can easily expand into online market share with minimal investment. • Minimal Capital Investment: The Company's operations are not asset-intensive and anticipates capital expenditures of only $2,000 per year in the pro forma period. Prasad 'Pat' Karcherla, Senior M&A Advisor Deal # 63041 Tel: (630) 708-2408 Fax: (972) 232-1132 Email: pkarcherla@generational.com | www.Generational.com I www.DealForce.com For more information, please sign the Confidentiality Agreement 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 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. Branded Hardware Store for Sale Midwest/Great Lakes Region, US FYE March 2021 Est. Revenue $ 1.7MM | FYE March 2021 Est. SDE $ 160K+ Highlighted Investment Considerations The Company caters to the following markets: Schools, Churches, and Government (25% of FYE March 2020 sales), Repair Contractors (20%), Property Management (20%), and Other (includes individuals and businesses) (35%). Its employee base comprises 6 full-time and 13 part-time staff members (including the owners). The staff comprises department managers, night manager, assistant manager, cashier, and part-time clerical/retail staff. The facility spans 25,000 square feet and is leased from a related third party at fair market rates.