Issue link: http://deals.uberflip.com/i/1535917
Long Established Pallet Manufacturer and Salt Distributor #67367 BUSINESS HIGHLIGHTS Located in Georgia, the Company began opera ons in 1978 servicing the agricultural industry with salt and minerals. In 1988, the owners extended their business to serve the golf cart industry with pallets. It may seem unconven onal running these two businesses together; however, the synergism and compa bility of both the salt and pallet businesses support each other, as well as their customers, with dis nct business elements and resources. The all-inclusive, broad line of salt products the Company distributes and sells are used in the produc on of food, chemical processing, deicing, agricultural feed, and industrial and residen al water so ening markets. Surprisingly, mee ng customer applica ons with the proper salt can be a technical issue, and the Company has the specialized experience to match the correct salt with the applica on requirements of its customers. And on the pallet and wood packaging side of the business, the Company manufactures new pallets, repairs pallets, produces specialty pallets, and distributes pallets and wood packaging to meet unit-load solu ons to the industries it serves. In 2022 their 44% of their revenue was a ributed to Pallets and 56% of revenue to salts. Tim Dalton Senior M&A Advisor E. tdalton@genera onal.com P. 706-650-1100 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 - 2022 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. INVESTMENT APPEAL Superior Name and Reputa on: The Company enjoys a long-standing reputa on for the quality of its products and services, exper se, dependability, and superior customer support. The Company's reputa on in the industry is the result of conduc ng business with a philosophy that is supported by professionals, principals, values, and ethics. As a result, the majority of their business is from repeat business and referrals. Strong Client Rela onships: The Company is proud of its strong es to clients and its reputa on for quality work and client service. Evidence of these rela onships is shown in nearly 100% rate of repeat business. The Company's top five clients have been working with the Company from a minimum of 6 years to a high of 24 years. Management Will Remain through Transi on: To facilitate a successful and orderly transi on, the current owners are willing to remain with the Company for a transi onal period. Outstanding Growth Opportuni es: Several opportuni es exist 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. Genera onal Equity 11175 Cicero Dr Suite 100 Alphare a, GA 30022 SIGN NDA ► CUSTOMER RETENTION Ac ve Accounts (2023): 243 Repeat Business: ~100% $446K $3.4M REVENUE (PROJ) EBITDA (PROJ) REVENUE / EBITDA 1% GEOGRAPHIC MARKETS Georgia: 30% North Carolina: 30% South Carolina: 25% Alabama: 10% Central America: 5% This Offering is Pre -Qualified for SBA Financing. Click here to learn more EXPERIENCED STAFF Opera ons, VP (3FT) CDL Drivers (1FT) Admin (1PT) Warehouse (6FT) REVENUE SOURCES GEOGRAPHIC MARKETS