
Please contact Rick Carlson by clicking on the contact seller button below.
Business Description
Approximately 12,000 units are sold monthly, at an average gross profit margin of 20%. Company has long term track record of success within its niche, and has extensive long-term vendor relationships and significant VAR distribution channels. Management has a combined 80 years of experience in this space, with one principal founder of the company wishing to maintain a role with the organization post-transition. The Company has recently entered into a joint venture to penetrate additional markets and higher margin industries, and it's time to partner with an acquirer to help the Company triple its size over the next few years. NDA is required for Executive Summary, additional exciting details included in the ES.
Detailed Information
Facilities: 12,000 square foot warehouse and distribution center serving customers all over the United States.
Competition: Company has intellectual property portfolio with numerous patents. Well positioned for growth, has approximately 5% of it's current market. With a well capitalized acquirer, the possibility exists to penetrate an additional market that is approximately $2 billion.
Growth/Expansion: Company has recently launched a partnership with a global electronics conglomerate to exclusively launch and market its product under its own brand.
Financing: If the price and deal structure is right.
Support/Training: One of the founding shareholders is willing to continue as a leader in the Company.
Reason Selling: Three shareholders, retirement and subsequent liquidity event for 2 of them.
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