Probably a Good Deal! - Issue #2- $1.4 EBITDA Fabric Distributor

Decorative Fabric Importer and Distributor in SE USA

Excited to bring you the 2nd deal ever to this newsletter. This one comes from a friend of mine and excellent broker, Adam Petricoff of VR Charlotte. It really nails the profile of the kind of business I hope to send to this group. Strong earnings, long track record, and not on the market anywhere else yet. Sellers are motivated and will accept a fair and reasonable offer. So, I hope one of you jumps on this!

Based in the Southeast, this company is an importer and distributor of decorative fabrics with sales to customers in the home furnishings, contract and hospitality markets as well as some retailers located primarily in the United States and Canada.

Highlights include:

• Revenue of just under $10M and EBITDA of $1.4 in 2021

• Reputation as a high-level service provider

• Experienced staff in place, 14 total employees

• Strong design and sourcing team in place

• Well diversified customer base with excellent relationships

• No customer over 15% of revenue.

• Ideal platform company to purchase and grow

• Been in business for 20 years

Adam and I discussed this opportunity via a video chat for 10 minutes yesterday. Please click and watch our video discussion. 

If this could be the business you've been searching for, and you're ready to pounce and take next steps, please go by VR Charlotte's site and sign their NDA real quick here, and reach out to Adam directly.

For more information, please contact Adam Petricoff at [email protected] or call Adam on his cell phone at 704-905-8658

Blessings,

Clint

*** Next deals will only be sent to those that sign up for the $100/mo subscription. Stay tuned for an email discussing it. I promised to keep this list under 250 and we're already at 320 and climbing so we want to keep it small and exclusive and also start collecting money to fund an evergreen search that will be exclusive for this list so we can keep bringing you lots of great off-market and pre-market stuff with strong earnings.

Disclaimer- Do your own research. Do your own due diligence. Clint Fiore and Texas Business Buyers, LLC only know enough to think this is "probably" a good deal, but of course Buyers buy at own risk.