Description:

The company is a wooden and synthetic products distributor primarily serving the marine industry across the Eastern US, Canada, Caribbean, and the Middle East.

Key Aspects:

Revenue grew at a compound annual growth rate (CAGR) of 25.7% from 2019 through 2022
Exclusive distributorship of a synthetic-decking brand in North and South America
Extensive product range of over 25 wooden and synthetic panel products
Sales presence in 12 countries and 32 states
Low customer concentration
Member of the National Marine Manufacturers Association (NMMA)

Opportunities:

Gain market share through geographic expansion
Capitalize on industry growth
Utilize available capacity at the company’s operating facilities
Implement a strategic marketing plan to expand market share

Headquartered:

Southeast, US

Current Markets:

The company provides its products to the marine, furniture, construction, and consumer industries across the Eastern US, Canada, Caribbean, and the Middle East.

Real Estate:

The company operates from two facilities totaling 34,000 sq. ft. Both sites have room for continued growth. The owners of the company own both buildings and are willing to include them in the sale or enter into a long-term lease.

Shareholder Ownership:

The company is owned by two shareholders, one of whom is inactive. The active shareholder is seeking retirement but is willing to remain with the company for a transitional period.

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Distributor of Wooden and Synthetic Products – BN000037983

Distributor of Wooden and Synthetic Products – BN000037983

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