Issue link: http://deals.uberflip.com/i/1530979
Specialty Tea Retailer & Wholesaler Loca on: Midwest U.S. #67154 BUSINESS HIGHLIGHTS The Company is a retail and wholesaler of specialty teas, herbals, and accessories. The Company sources teas globally, blending flavored teas and herbal infusions in house. They have a retail store front as well as a large online selec on for customers to browse. The Company has been in opera ons for almost two decades and strives to provide ar san-quality loose-leaf teas and accessories. The Company's products are easily distributed across North America. The Company maintains its personnel, retail stores, and customer support at its headquarters in the Midwest. They are able to effec vely manage the majority of all their client contacts from afar, resul ng in more efficient opera ons. Chris Barnard Senior M&A Advisor E: cbarnard@genera onal.com D: 563-424-5707 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 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 the 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/or its affiliate network members are agents for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. REVENUE / EBITDA 2022 REVENUE INVESTMENT APPEAL • Na onal Reach: The Company's customer base and opera ons are na onal in scope, allowing it to serve clients wherever they may be located and easily expand into new geographic markets. The Company is easily able to ship products to customers across the United States. • High-Caliber and High-Tenured Staff: The Company fosters a workplace where its extremely experienced and talented personnel are able to thrive and grow, and therefore remain long term. Several of the Company's key employees have been with the company for over 10 years. • Strong Client Rela onships: The Company is proud of its strong es to clients and its reputa on for quality products and client service. Evidence of these rela onships is shown in the 80% rate of repeat business. Their top three clients have been working with the Company from a minimum of three years to a high of fourteen years. • Documented Systems and Procedures: The Company maintains detailed policies and procedures to ensure all aspects of the business are appropriately managed and streamlined. From client ini a on to customer service support, the Company reduces errors and improves efficiency within the opera ons. Genera onal Equity 3400 North Central Expressway, Suite 100 Richardson, TX, 75080 T. 972-232-1121 F. 972-392-8564 $170K $283K $1.30M $1.60M 2023 REVENUE (PROJ) 2023 EBITDA (PROJ) 2022 EBITDA SIGN NDA ► CUSTOMER MARKETS Na onal 60% Local 40% RETAIL STORE 1,300 sq. . WAREHOUSE 2,000 sq. . EMPLOYEES 4 full- me 9 part- me ACCOUNTS Ac ve +/-7,000 Repeat Business 80% 2022 REVENUE MIX