Growth Opportunities

The Company is a designer and retailer of custom furniture and unique home accents. Many customers shop regularly for products such as lamps, rugs, or wall art. Common repeat purchase patterns for larger sales include redesigning and refurnishing homes room-to-room over a 2-3 year period or redesign or refreshing living rooms every 5-7 years.

The Company uses consultative selling. Their goal is to act as an expert advisor to the client and co-create the room of their dreams that is right for their personal lifestyle. Though they gladly accept all sales, the Company strives to present the client with a whole-room or whole-home plan.

Company Stats:

• 2022 Revenue: $2.5MM
• 2022 EBITDA: $412K
• 2023 Revenue (Projected): $2.4MM
• 2023 EBITDA (Projected): $376K
• 11,350 Active Accounts

• 30% Customers in Illinois 
• 70% Customers in Iowa 

• 50-75% Landscaping : weekly mowing, sod, tree and bush installation,  sprinklers, and mulch
• 20-40%  Hardscaping: patios, retaining walls, walkways, fire pits, borders,
• 5-25%  *Snow Removal: 24-hour service, salt and sidewalk crews
• 5%-10%  Tree Services - removal, trimming, pruning, stump grinding,  and clean up 
• *NOTE: Seller wishes to retain the tree service business to have some income and activity in his retirement 

• Asking Price: $1.4MM 
• 2021 Gross Sales: $3.5MM
• 2022 Gross Sales: $3.3MM
• 4-Year Average Annual SDE: $371K
• Seller financing available
• Includes $1.0MM in FF&E

Services to the local agricultural and farming communities include manure spreading, land rolling, bin whipping, cleaning of bulk storage bins and silos, equipment rental, trucking, vacuuming, and more.

Locally owned and operated, the business also provides sales and service to agricultural, construction, and lawn & garden equipment customers in west-central Iowa since 1991.

The business sells and services high-quality agricultural equipment from prominent manufacturers across the region. Additional services include bin cleaning, mobile oil changes, parts, online auctions, and more.

The business maintains a large fleet of continuously upgraded rolling stock required to provide its land application, hauling, and trucking services for customers within a 120-mile radius.

• Asking Price: $5.5MM
• Includes $4MM Rolling Stock 
• Includes $500K Inventory
• 2017-2021 Average Annual Sales:  $6.67MM
• • 2021 Sales: $5.48MM 
  • 2021 EBITDA: $1.6MM 
  • 2021 EBIT: $0.81MM 
  • 2021 SDE: $1.77MM 
• Real Estate: $1,000,000*
  *Not included in asking price
  

Annual Sales 

• 2016: $1.7MM 
• 2017: $1.9MM 
• 2018: $1.9MM 
• 2019: $1.8MM 
• 2020: $1.8MM 
• 2021 $2.0MM 
• 2022: $2.25MM
• 2023: $2.01MM
• 3 Year Weighted Annual Average Adjusted EBITDA: $332K
• 3 Year Weighted Annual Average Adjusted EBITDA w CRE: $410K
• 3 Year Weighted Annual Seller's Discretionary Earnings (SDE): $560K  
  
  The Business makes and repairs parts & equipment for the leading 24/7 industrial businesses and corporations predominantly operating on or near the Mississippi River.  

The Business provides Machining, Fabrication and Millwright services to industrial, manufacturing and mining customers who rely on the Business for both large scale heavy-duty problem solving, fabrication and assembly, as well as smaller scale higher volume recurring job shop metal finishing.   

The Company is one of the largest and best-equipped RV retail and service centers in its state. It offers a wide variety of exceptional new and pre-owned recreational products at competitive prices including Travel Trailers, 5th Wheels, and Toy Haulers. The Company’s highly experienced service technicians receive ongoing training with the latest diagnostic equipment to ensure repairs are completed right the first time.

The Company operates from a new and expanded 22,000-square-foot showroom and Parts and accessories store. It also has a 15,000 sf storage facility. Both facilities are Company-owned.

• 2023 Est. Revenue: $5.6MM
• 2023 Est. EBITDA: $315K

The Company specializes in providing full-service and turnkey electrical contracting services, focusing on commercial and industrial projects. The Company also offers limited refrigeration solutions. The Company operates through two internal profit centers: large-scale open market projects (90% of 2019 revenue) and small negotiated contracts (10%).
Due to its broad in-house capabilities, the Company’s professional and certified teams are committed to providing the best and most cost-effective solutions to its customers