Issue link: http://deals.uberflip.com/i/1531959
Salvage & Liquidated Merchandise Wholesaler Loca on: Tennessee #63232 BUSINESS HIGHLIGHTS The Company is a liquidity services marketplace where professional buyers can purchase retail surplus inventory assets. It provides a single-source solu on to retail, mail order and manufacturing en es with problem inventories resul ng from closeouts, excess merchandise, and customer returns. The Company sells to auc ons, wholesalers, bargain dealers, retail stores, flea marketers, exporters, and directly to customers over the Internet. Bulk lots are sold by the truckload, pallet, or small package, and condi ons range from new in a box to customer returns and used. The Company's wide variety of product categories include tools, apparel, computers, electronics, housewares, collec bles, food, toys, and more. Mark Long Senior M&A Advisor E: mlong@genera onal.com M: 614-448-6640 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 2023 REVENUE INVESTMENT APPEAL • Outstanding Growth Opportuni es: There exist several opportuni es for the Company to significantly increase revenue and profit, including leveraging the Company's proven reputa on to pursue and penetrate new and exis ng markets. These opportuni es are easily a ainable given the appropriate investments in capital and human resources. • Strong Client Rela onships: The Company is proud of its strong es to clients and reputa on for quality work and client service. Evidence of these rela onships is shown in the 70% rate of repeat business, as well as the fact that the majority of revenue is from referral-based business. • Industry Exper se: In addi on to the principal's extensive industry experience, many of the Company's key employees also have significant industry and product knowledge. This wealth of experience and exper se provides the Company with a significant intangible asset and advantage over many regional and na onal compe tors. Genera onal Equity 3400 North Central Expressway, Suite 100 Richardson, TX, 75080 T. 972-232-1121 F. 972-392-8564 $348K $343K $4.9M $4.9M 2024 REVENUE (PROJ) 2024 EBITDA (PROJ) 2023 EBITDA SIGN NDA ► CUSTOMER MARKETS East Coast 50% Midwest 20% West Coast 20% Interna onal 10% CUSTOMERS Customer A (2009) 15% Customer B (2018) 15% Customer C (2021) 10% Customer D (2014) 10% Customer E (2016) 5% ACCOUNTS Ac ve 2,000 Repeat Business 70% 2023 REVENUE SOURCES