Wednesday 1 April 2020

S-2958-2 RFK Extremely Profitable Importer & Retailer of Branded Products Well Positioned for 2020 (US)




Business Description: This company is a unique find in today’s market. They have historically done well in recessions. They are ideally suited for times when Americans “Stay-Cation”. They know they have the right product in place for peak 2020 demand later this year.  Because the company is readily identifiable, the owner is reluctant to provide product descriptions. Therefore, qualified buyers interested in specialty retail are invited to sign an NDA and receive more specific information.

Distribution:  The company imports consumer products and operates several retail stores in their marketplace. Recent market changes have dramatically increased the breadth of products they can sell into their core marketplace. They are capitalizing on this opportunity, with store and warehouse additions in 2020. There are significant barriers to entry for competitors.

Operational Strengths: They have always emphasized being a good trading partner with their international suppliers. They pay their bills on time and their suppliers know it. This is now paying off as they are getting products when others are not.

They have achieved the scale required to buy directly from producers and to have their own brand. Smaller competitors lacking scale are at a significant cost disadvantage and lack the ability to differentiate their product offerings.  This company is not the largest in its space. But they are a significant regional player that competes very effectively against larger national players.
 
The Transaction:   The owners have been in this business for 25 years and believe it is time to turn over the reins to a new owner who can steward it through the next level of growth. They are willing to work with a new owner during an extended transition period.   

Financial Summary (000s)

2020 Est by Seller
2019
2018
Revenue
$10,4M
$7.9M
$7.8M
Adjusted EBITDA
$4.6M
$3.2M
$3.2M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
East Coast
Yes
Yes
25
5990

  

Direct All Inquiries to:

Gottesman Company
Refer to: S-2958-2 RFK
Tel: 718-618-5346      UK Office: +44 (0) 7906786505