The E-Commerce Apparel Company offers welders reputable clothing and accessories at a competitive price point.
Key Aspects
- Revenue grew at a compound annual growth rate (CAGR) of 75.8% from 2020 to 2023.
- Gross profit and adjusted EBITDA margins averaged 48.7% and 11.1%, respectively, from 2020 to 2023.
- A patented design is currently pending for innovative quick draw pants, meticulously engineered to incorporate specialized welding rod pockets, enhancing functionality and utility for welders.
Current Markets
- The Company caters to customers within the welding sector, offering specialized, high-quality welding apparel and accessories. Product range includes fire-retardant shirts, cotton
work shirts, vests, quick-draw pants, and gloves, crafted to meet the standards of customers.
Real Estate
The Company operates remotely and does not have real estate.
Shareholder Objectives
- The Company is fully owned by a single shareholder who is exploring strategic partnerships with investors possessing capital resources, aiming to accelerate the expansion of the Company's operations. Ownership would like to remain with the Company but is open to exploring diverse deal structures.
