Commercial and Direct Tableware Manufacturer
Gross Revenue: | $4,775,000 |
EBITDA: | $1,195,000 |
The Company is a manufacturer and distributor of customizable tableware products to restaurant & hospitality enterprises acquiring large volume bulk orders and direct customers.
Key Aspects
-Company held intellectual property assets, registered historic trade names, production processes, and proprietary patterns & material formulas
-Rapid in-house production with high or low order minimum ability from a U.S. based facility
-Manufacturing may accommodate increased production at all six of the factory's designated production centers
-Key networks with suppliers and industry distributors
?-Private label manufacturing ability for direct end users with their own brand names
-A recurring production agreement in place with the U.S. General Services Administration (GSA) valid to 2025
Opportunities
-Further investments in warehouse space for inventory growth, advanced equipment, and a sales & marketing team to fuel future growth and online sales
-Expansion sales to small to medium food services businesses wanting durability and customization wishing to shift to on shore rapidly sourced products
-Bolster online presence, e-commerce product placements, and advertising
?-Augment the already established private label ability
Headquartered
-United States
Current Markets
-The Company provides a wide array of tableware to commercial food service businesses and direct customers throughout the United States as well as internationally.
Real Estate
-The Company operates from a 32,000 square-foot factory which is held by an affiliated entity. The owners would prefer-to lease the location post-sale but would consider a sale of the operating real estate in the sale.
Shareholder/Owner Objectives
-The Company is fully owned by two shareholders who agree on the sale of the Company and would consider retaining minority ownership stakes or a full sale. The majority owner would like to make an eventual full exit after a transition period while the minority owner would like to remain in his current role or assume the president position post-sale. Ownership is open to various deal structures to facilitate a transaction.