Manufacturer
of Multi-Purpose Woodworking Tools
&
Related Products
Acquisition Opportunity – Midwest
This privately held company serves the
Woodworking Industry that requires the use of multiple power tools for
Woodworking, DIY & Home Improvement, in the USA. The Company produces a
unique Multi tool system that streamlines the woodworking process and is more
cost effective than utilizing many individual power tools.
The Company provides upgrades of its previous generation
product to hundreds of thousands of prior customers. In addition, it primarily
utilizes the Internet to attract purchasers for the latest developed product
options and services.
The Company’s products have been manufactured
for decades under various owners, resulting in a solid brand and following much
like Harley-Davidson. Current ownership has vastly improved the latest Model
and applied sophisticated internal processes to steadily grow revenues and
profits. They have hired the right team
needed to go to the next level and beyond.
Current owners have been involved with the
business for nearly 20 years and since 2009 as the owners. Now after
reorganizing almost all elements of the operation, they are seeking a better
work / life balance. They want to sell
the business but are willing to commit 3-5 years to new ownership who will
provide the necessary injection of Capital for growing the business.
Financial
Summary |
|||
|
2020 Est by Seller |
2019 |
2018 |
Gross Revenue |
$3.80 M |
$3.58 M |
$3.88 M |
Adjusted EBITDA |
$628 K |
$227K |
$159K |
Other Highlights |
|||
Financials |
Management Team in Place |
Years in Business |
SIC |
Reviewed |
Yes |
10+ |
3549 |