Issue link: http://deals.uberflip.com/i/1485860
Midwest Region, US Highly-Profitable Distributor of Stone Countertop Slabs Jerry Yocum, Managing Director Tel/Fax: (614) 432-8580 Email: jyocum@genera onal.com www.Genera onal.com I www.DealForce.com 2022 Est. Revenue $15.0MM I 2022 Est. EBITDA $2.3MM Highlighted Investment Considera ons • Strong Historical Sales and Earnings Growth: Historical sales grew consistently from $8.1 million in 2019 to $13.7 million in 2021, represen ng a CAGR of 30.1%. EBITDA grew at a CAGR of 41.0% over the same period. • Pre-Tax Profit Margin Above Industry Average: The Company's pretax profit margin of 13.1% in 2021 was three mes higher than the industry average of 4.3%. • Diversified Customer Base: No single customer accounted for more than 7% of revenue during the historical peri- od. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account and further supports the depth and breadth of its sales force in penetra ng a large customer base, with further expansion within certain larger customers possible. • Not Highly Dependent on Current Ownership: Management is structured op mally with highly qualified and reli- able personnel such that the Company can run well without ownership's presence. 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 an exclusive authorized dealer for several product lines and has been distribu ng stone slabs since 2005. It is commi ed to sourcing high-quality natural and engineered stone products, including quartz, porcelain, and a vast array of soapstone and quartzite slabs. The Company's primary product line con nues to gain overall market share as granite becomes less popular. It differen ates itself based on excellent quality and variety of products, compe ve prices, and outstanding customer service. The Company services the residen al remodel (75% of sales), commercial (15%), and residen al new construc on (10%) markets primarily within a six-state coverage area. The current customer base consists of approximately 170 customers, and 95% of revenue is generated from repeat business. The Company operates from a 26,700-square foot warehouse, showroom, and office facility, and is currently staffed by 11 full- me employees. Client #64347