Issue link: http://deals.uberflip.com/i/1485860
Manufacturer and Distributor of Cosmetic Bags and Accessories Located in Southern US #65620 Sign NDA ► 2022 Revenue Est. $3,000,000 (5.4% growth) 2022 EBITDA Est. $429,000 (14.3% of revenue) 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. Cory Strickland Senior Managing Director, M&A Email: CStrickland@generational.com Mobile: 469-828-2832 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS The Company is a privately-owned manufacturer and distributor of cosmetic bags and accessories. The Company's primary focus is their patented makeup bag and also offer a variety of other products including backpacks, totes, sunglass cases, lunch boxes, private labeled cosmetics and accessories. The Company's products are sold in Boutique shops (71% of revenue), Retail stores (19%), and gift shops (10%) across the United States. The Company holds the deign patent on its flat packing makeup bag. The Company is headquartered in a 5,880 square foot storefront conveniently located right off a major interstate highway and in close proximity to several intrastate highways with eye-catching signage. It also has a nearby 9,750 sq. ft. warehouse where it manufactures and stores inventory. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS > Over 6 yrs. of operations > 25 FT & 1 PT employees > 1200+ Clientele List > 95% Repeat Business > S-Corp. Structure > Low Cap-Ex Requirements > All Key Employees will Stay > Virtually Debt-Free INVESTMENT APPEAL • Rising Gross Profit Trend — Throughout the historical period, gross profit increased from 57.2% of sales in 2019 to 64.3% of sales by the end of 2021. The Company has been able to efficiently control its cost of sales after high growth, demonstrating its ability to maximize profitability potential. • Management Will Remain through Transition — The officer is willing to remain through the transition period, and would entertain remaining with new management for a longer period of time on a consultancy basis. Additionally, all key employees will be available to remain with new ownership beyond the sale of the Company. • Diversified Customer Base — The Company has developed an excellent reputation within the local area and the industry for supplying high quality and high value makeup bags. Over the historical period, the Company experienced no significant customer concentration. A diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. • Scalable Operating Expenses — The Company has built an effective organization capable of sustaining projected growth. The Company maintains fixed operating expenditures, and future revenue growth will greatly improve profitability. Any increase in revenue will not result in meaningful changes to projected operating expenses . GROWTH OPPORTUNITY > Fragmented Industry Consolidation > Product & Service Expansion > Outbound Sales/Marketing > Market Expansion REVENUE MIX 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.