The Company sells office products and furnishings primarily to the schooling & higher education, healthcare, and manufacturing & industrial plant & factory end markets. The Company specializes in office supplies, but offers a diverse mix of products categories including hardware & industrial products, furniture, and technology. The Company offers interior design, installation, and project management services.
Key Aspects
· Broad portfolio of diverse products and services providing cross-selling opportunities
· With over 75 years of operating history, the Company has built a reputable brand name in the industry and has established long-term relationships with both suppliers and customers
· The Company's revenue increased in each year from 2021 through 2024
· Six operating facilities located throughout the Midwestern United States enables the Company to save on freight costs to distribute its products
Opportunities
· Penetrate new geographic markets in the Southern United States to continue the expansion of the Company's customer base
· Grow the Company's newly acquired graphic printing business to further diversify revenue streams
· Expand the Company's installation team to bring installation services inhouse
Headquartered
· Ohio, US
Current Markets
· The Company primarily distributes its products to schools & higher education facilities, healthcare facilities, and manufacturing & industrial plants & factories
Real Estate
· The Company operates from six facilities located throughout the Midwestern United States
· The Company's headquarters is owned by an affiliated entity and can be included with the sale of the Company
· The other five facilities the Company operates from are leased from unrelated third parties and management notes the leases are assumable
Shareholder Objectives
· The Company has two majority owners who own 97% of the Company collectively, both of whom are active in the management of the Company and are seeking retirement
