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High-Value Hardware Manufacturer in the US – BN000043761

Northeast US, US
500K-2M5M-10M Manufacturing & Industrial
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TEASER
CLIENT CODE: BN000043761
REVENUE/TURNOVER: $7,645,502
EBITDA: $1,357,208
HEADQUARTERS: Eastern US
 
Interested? Contact Us
813-898-2350
pmanry@benchmarkintl.com
High-Value Hardware Manufacturer in the US – BN000043761

Paul Manry

interested in this opportunity?
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The company is a vertically integrated manufacturer of high-value brass products for cabinets, doors, and appliances. Products primarily consist of decorative, architectural, and custom hardware, which the company can produce numerous designs in small and large batches. Additionally, the company is a contract manufacturer of private-label products for a growing number of businesses.

Key Aspects

  • Revenue and gross profit (GP) grew at compound annual growth rates (CAGRs) of 13.1% and 28.8%, respectively, from 2019 through 2022

The company is entirely vertically integrated with no dependence on any outside or offshore subcontractors to produce its products

  • Over $1.5M invested in new fabrication equipment and process improvements since 2018
  • Strong operational history
  • Products sold in over 330 showrooms throughout the US and Canada

Opportunities

  • Opportunity to capitalize on the increase in prices for custom hardware products
  • Market products to furniture and kitchen cabinet manufacturers
  • Supply chain issues affecting competitors presents a new opportunity for the company to capitalize on those issues by contract manufacturing products, even for its competitors
  • Opportunity for the company to capitalize on the trend towards sustainable products

Headquartered

  • Eastern, US

Current Markets

  • The company primarily serves resellers, designers, architects, manufacturers, builders, decorative plumbing & hardware showrooms, and medical case good manufacturers throughout the US and Canada.

Real Estate

  • The company operates from one 37,500 sq. ft. facility owned by the company. Ownership is open to including the real estate in the company sale or engaging in a long-term leasing agreement with new ownership. The company uses the facility to manufacture its products.

Shareholder Objectives

  • The company is fully owned by two shareholders who are looking for a strong successor to capitalize on the foundation they have built. They’re willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership.

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