The Company provides handcrafted metal, wood, and glass functional designs for interior and exterior spaces, including stairs, ornamental iron and structural steel items. The company provides quality craftsmanship along with knowledgeable service and innovative solutions.
Key Aspects
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 19.2% and 30% from 2020 through 2023.
• Gross profit and adjusted EBITDA margins averaged 39.6% and 10.1% from, respectively, from 2020 through 2023.
• Management notes that approximately 85% of revenue in 2023 was generated from repeat clients.
• Specializes in woodworking, metal fabrication, and installation services integrated in one facility.
• Diversified in-house capabilities to design, fabricate and install highly customized and unique products.
• Significant investment in the latest equipment and technology to meet client expectations.
Opportunities
• Obtained Utah Contractor's License with the possibility of securing licensure in Arizona in the near future.
• The Company is positioned to broaden its geographic footprint permitting the sale and installation of products across various Western states where contractor licenses are not mandatory.
• With the recent acquisition of advanced woodworking machinery, the Company can explore the provisions of comprehensive carpentry trim packages.
• The Company can actively pursue remodel work for all product offerings.
• Nationwide opportunity to sell and ship packaged products to easily be installed by local labor.
Headquartered
• Nevada
Current Markets
• The Company caters to high-end residential clients primarily in the Las Vegas Metro area. It also ships custom stairways to various markets around the United States.
Real Estate
• The Company operates from a 35,000 square foot facility held by ownership. The facility includes a 26,500 square foot shop and an 8,500 square foot office space. Ownership would like to include the facility in the transaction but would be willing to establish a long-term lease depending on deal structure.
Shareholder Objectives
• Ownership is open to various deal structures and are willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership.
