BUSINESS HIGHLIGHTS
This outstanding acquisition opportunity is for a wholesaler and retailer of luxury plumbing fixtures, hardware, stone, and tile to the design and building trades. In 2023, revenue was generated from decorative plumbing (65%), decorative hardware (20%), cabinetry (2%), tile and stone (8%), and other miscellaneous (5%). The Company differentiates itself on several key attributes including its technical knowledge, superior customer service, and comprehensive specification service.
INVESTMENT APPEAL
Superior Name and Reputation — In business for over 3 decades, the Company has built and maintained a superior name and reputation within its customer and geographic markets. The Company is known for its high-end luxury product lines from the world’s leading manufacturers, technical knowledge, and superior customer service from idea conception to delivery.
Strong Supplier Relationships, Brand-Name Products — The Company’s diversified supplier base provides it a reliable source of premier products that are in demand from high-end clientele.
National and International Reach — While about two-third of client projects are in California, the Company serves clients out-of-state and in other countries. It has contacts (clients and industry professionals) globally.
Rising Profit Trend — Earnings as measured by EBITDA grew at a 27% CAGR between 2023 and 2025, with margins rising from 10% to 16% of revenue, and further improvement forecast.
