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Jun 26, 2018 — Highly respected and recognizable home remodeling distribution and retail business supporting Northwest Michigan is available for sale. They are clearly the leading provider of their products in this geography and experiencing tremendous growth in sales and profitability, with no end in sight.
Since 2013, they have experienced a 26% Compound Annual Growth Rate (CAGR) in sales and over 31% CAGR in EBITDA!!! 2018 is off to another RECORD year, expected to noticeably exceed past performance. They could see sales grow from $5.7 million to $8 to $9 million this year…
The company has a diversified client base made up of retail, contractors and commercial accounts. They are prospering significantly from the housing boom of Northwest Michigan.
Unique to Northern Michigan businesses, there is little seasonality to the current breath of business. Multiple opportunities for growth are existing and continue to increase, including in their current product lines and expanding into complimentary offerings. Further, they are building strategic exclusive partnerships that can contribute to significantly to their bottom-line.
To accomplish this success, they have invested heavily in building a world-class team with industry knowledge beyond any competitor. With this foundation, the business does not rely on the current owners and the business can easily be transitioned.