Issue link: http://deals.uberflip.com/i/1530979
Grocery Wholesale Distributor - Name-Brand, Dry, Retail-Ready Groceries - Midwest/Great Lakes Region US #67768 Sign NDA ► 2024 Revenue Est. $7,400,000 (14.9% growth) 2024 EBITDA Est. $600,000+ (8.2% 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. Joe Hige Senior M&A Advisor Email: jhige@generational.com Mobile: 248-982-6400 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS The Subject Company is a wholesale grocery and product distributor, specializing exclusively in business-to-business (B2B) transactions to independent retailers (45% of 2022 revenue), discount stores (43%), and other wholesalers (2%). The Company's offerings, presenting a vast array of high-quality, name-brand dry retail- ready groceries, food items, and a spectrum of related products including a diverse and comprehensive food inventory spanning from essential pantry staples to gourmet delicacies that encompass various related products crucial for retail, restaurant, and business operations. The Company has 3 major divisions of products, namely closeout groceries (85% of 2022 revenue), dry groceries (10%), and general merchandising (5%). With an unwavering commitment to quality assurance, GWI's business partners access trusted and renowned brands that resonate seamlessly with both distributors and end consumers. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS > Over 18 yrs of operations > 6 FT & 8 PT employees > 90%+ Repeat Business > 350+ Recurring Accounts > B2B Customer Markets > S-Corp Corporate Structure > Low CapEx Requirements > 2 x Facilities w/ 47,500 sq. ft. INVESTMENT APPEAL • Base Year Performance: The Company's revenue is projected to reach $7,400,000 in 2024, and EBITDA, a key indicator of financial performance, is projected to reach $602,000 in 2024 (8.2% of sales). • 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. • Diversified Customer Base: The Company has developed an excellent reputation within the local area for supplying high quality and high value grocery products. 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. • Recession-Resistant Industry: Management indicates that demand for the Company's grocery products are inelastic. Regardless of economic conditions, the demand for the Company's products remains consistent. GROWTH OPPORTUNITY > Increased Sales & Marketing Efforts > Warehouse Expansion > Expand Digital Marketing Platform Historical Revenue Growth