Issue link: http://deals.uberflip.com/i/1433150
Tennessee Wholesaler of Salvage and Liquidated Merchandise Mark Long, Senior M&A Advisor Tel: (614) 448-6640 Fax: (972) 232-1193 Email: mlong@genera onal.com www.Genera onal.com I www.DealForce.com 2021 Est. Revenue $6.6MM I 2021 Est. EBITDA $870K Highlighted Investment Considera ons • Superior Name and Reputa on: In the salvage wholesale business since 1995, the Company has built substan al goodwill and has grown into a mul -million dollar opera on. Management credits its reputa on as a cri cal fac- tor that has contributed to the Company's success. • Strong Historical Sales and Earnings Growth: The Company's sales grew consistently from $2.9 million in 2018 to $6.3 million in 2020, represen ng a strong CAGR of 47.2%. EBITDA grew at a significant CAGR of 91.4% over the same period. • Strong Client Rela onships: The Company is proud of its strong es to clients and reputa on for quality work and client service. Evidence of these rela onships is shown in the 70% rate of repeat business, as well as the fact that the majority of revenue is from referral-based business. For more information, please sign the Confidentiality 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 liable 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. The Company is a liquidity services marketplace where professional buyers can purchase retail surplus inventory assets in an online environment. It provides a single-source solu on to retail, mail order, and manufacturing en es with problem inventories resul ng from closeouts, excess merchandise, and customer returns. The Company sells to auc ons, wholesalers, bargain dealers, retail stores, flea marketers, exporters, and directly to customers over the Internet. Bulk lots are sold by the truckload, pallet, or small package, and condi ons range from new in a box to customer returns and used. Its wide variety of product categories include apparel, computers, electronics, housewares, collec bles food, and much more. With 18 different store chains and catalogs to choose from, the Company is able to offer customers with a wide selec on of merchandise. There are several hundred pallets in stock at all mes, plus the Company ships trailer loads of goods from return centers na onwide. The shareholder-owned facility is located near several highways for ease of access, and comprises 30,000 square feet of warehouse and office space. Client #63232