Issue link: http://deals.uberflip.com/i/1489093
Home Center – Lumber, Building Materials, Tools, & Full-Line Hardware Located in Southeastern US/Gulf Coast #66058 Sign NDA ► 2022 Revenue Est. $4,000,000 2022 EBITDA Est. $160,000+ 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. Chad Primeaux Senior M&A Advisor Email: cprimeaux@generational.com Office: 504-717-1783 Generational Group 3400 N. Central Expressway, Ste. 100 Richardson, TX 75080 Fax: 972-392-8564 BUSINESS HIGHLIGHTS The Company is a home center for retail and wholesale of high quality lumber, building materials, tools, and full-line hardware in the Southeastern US/Gulf Coast region. The Company operates from a 22,841 square foot office and sales floor, and a 17,769 square foot lumber yard that includes a 1,764 square foot "L" lumber shed, a 2,041 square foot "T" lumber shed, a 11,985 square foot drive-thru lumber yard and a 1,979 square foot mezzanine. The property is located near several highways, and an excellent industry reputation and local brand awareness has established it as the preeminent hardware provider in the region. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS Over 55 yrs of operations 1,554 active commercial accounts 10 FT & 2 PT employees INVESTMENT APPEAL • Recession-Resistant Industry: Management indicates that demand for the Company's hardware services are inelastic. Regardless of economic conditions, the demand for Huntington's products remain consistent. • Decreasing Operating Expenses: Operating expenses have been trending lower, decreasing as a percent of sales from 67.5% in 2019 to 33.1% in 2021. Effective management of operating expenses led to greater profitability over the historical period. • Superior Name and Reputation: The Company enjoys a long-standing (57+ year) reputation for supplying quality products and superior customer support. • Diversified Customer Base: The Company has developed an excellent reputation within the local area for supplying high quality and high value hardware supplies. 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. GROWTH OPPORTUNITY Expand Digital Marketing Platform Tangential Product & Market Expansion Increase Marketing 2021 Customer Market Mix