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.
- 2022 Revenue: $2.5MM
- 2022 EBITDA: $412K
- 2023 Revenue (Projected): $2.4MM
- 2023 EBITDA (Projected): $376K
- 11,350 Active Accounts
Diversified Customer Base: No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.
Strong Customer Relationships: The Company has strong ties to clients due to its reputation for timely delivery and excellent customer service.
Superior Name & Reputation: The Company has a long-standing reputation for its focus on high-quality, trend forward products, offering reliable expertise, and providing superior customer service.
Management Will Remain Through Transition: To facility a successful and orderly transition, the current owners are willing to remain with the Company during a transition period.
Market: Local Sales 85%, Regional Sales 10%, Out-of-State Sales 5%
Facilities: 8,500 sq. ft. showroom, office, and warehouse space. The facility is third-party leased.
Employees: 5 FT, 3 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.