The Company is a retail and wholesaler of specialty teas, herbals, and accessories. The Company sources teas globally, blending flavored teas and herbal infusions in house. They have a retail store front as well as a large online selection for customers to browse. The Company has been in operations for almost two decades and strives to provide artisan-quality loose-leaf teas and accessories.
The Company’s products are easily distributed across North America. The Company maintains its personnel, retail stores, and customer support at its headquarters in the Midwest. They are able to effectively manage the majority of all their client contacts from afar, resulting in more efficient operations.
Company Stats:
- 2022 Revenue: $1.30MM
- 2022 EBITDA: $170K
- 2023 Revenue (Projected): $1.60MM
- 2023 EBITDA (Projected): $283K
- National & Local Markets
- 80% Repeat Business
National Reach: The Company’s customer base and operations are national in scope, allowing it to serve clients wherever they may be located and easily expand into new geographic markets. The Company is easily able to ship products to customers across the United States.
High-Caliber and High-Tenured Staff: The Company fosters a workplace where its extremely experienced and talented personnel are able to thrive and grow, and therefore remain long-term. Several of the Company’s key employees have been with the company for over 10 years.
Market: 60% National, 40% Local
Facilities: 1,300 sq. ft. retail store and 2,000 sq. ft. warehouse
Employees: 4 FT, 9 PT
This Merger & Acquisition Opportunity #67146 is available via Marigold Resources' Senior Affiliate Partner status with Generational Equity.
Upon receipt of this completed and digitally executed NDA below (or from direct link here) we will follow up by phone and/or e-mail to qualify providing the complete offering memorandum and schedule a time to discuss the opportunity further.