Issue link: http://deals.uberflip.com/i/1485860
Distributor of School Furniture, Supplies, and Instructional Materials Located in Southeastern US #65935 Sign NDA ► 2022 Revenue Est. $9,000,000 (10.3% growth) 2022 EBITDA Est. $477,000 (5.3% 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. Jacob Mangalath Vice President - M&A Email: JMangalath@generational.com Mobile: 469-828-2791 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 GROWTH OPPORTUNITY > Expand Digital Marketing Platform & Web Sales > Increased Furniture Focus > Focus on Pre-Packaged School Supply Boxes BUSINESS HIGHLIGHTS The Company is a distributor of school furniture, supplies and educational material, for school districts, classroom teachers and parents. The Company has four retail outlets, two in Tennessee, one in Arkansas, and one in Mississippi. The Company also has the largest catalog operation dedicated to school equipment across the three states. Its outstanding reputation and strong customer and supplier relationships have allowed the Company to become the primary K-12 supplier in the tri-state area. The Company's primary customer markets are school districts (68% of 2022 Revenue) and retail store sales (32%). The Company's footprint spans over 72,000 sq. ft. of total retail and warehouse space. Management has built an exceptional organization capable of sustaining projected growth. With the right partnership, the Company can take advantage of incredible strategic growth opportunities, several of which management has already identified as being highly profitable. INVESTMENT APPEAL • Scalable Operation — The Company can easily scale its business model to cultivate more recurring customers, and maintains fixed operating expenditures so future revenue growth will greatly improve profitability. Any increase in revenue will not result in meaningful changes to projected operating expenses. • Strong Base Year Performance: The Company's revenue is projected to reach $9,000,000 in 2023. The Company's EBITDA, a key indicator of financial performance, is projected to reach $477,000 in 2022 (5.3% of sales). • Decreasing Operating Expenses: Operating expenses have been trending lower, decreasing as a percent of sales from 31.4% in 2020 to 30.7% in 2022. Effective management of operating expenses led to greater profitability over the historical period. • Strong Client Relationships: The Company is proud of its strong ties to clients and its reputation for quality work and client service. Evidence of these relationships is shown in the 85% rate of repeat business. The Company's top five clients have been working with the Company from a minimum of 9 years to a high of 28 years. Additionally, the Company is very active in the community serving a wide array of nonprofit support providers which contributes to the strength of its brand awareness. COMPANY STATS > Over 65 yrs. of operations > 32 FT & 15 PT employees > 17,000+ Active Client List > 85% Recurring Accounts > B2B & B2C Customer Markets > C-Corp. Structure > All Key Employees will Stay 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.