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Luxury Kitchenware and Cook Tool Supply Company BN000045395

Northeast US, US
10M-25M2M-5M Distribution, Storage & Wholesale, Food & Drink, Online / E-commerce & Mail Order, Retail
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TEASER
CLIENT CODE: BN000045395
REVENUE/TURNOVER: 22,119,000
EBITDA: 2,961,000
 
Interested? Contact Us
edeslauriers@benchmarkintl.com
Luxury Kitchenware and Cook Tool Supply Company BN000045395

Etienne Deslauriers

interested in this opportunity?
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The company is a kitchenware and cooking tools supplier, specialized in high-end exclusive products. The company’s business model has been structured to have a sizable online presence and conduct sales throughout various digital platforms. The company also operates in various brick and mortar stores in the Northeast United States.

Key Aspects

  • The company has a diverse customer portfolio, avoiding major customer concentrations and maintaining stable revenue streams
  • Highly efficient and adaptable supply chain processes
  • Strong supplier network allowing the company to maintain a competitive cost structure
  • Top of the line product quality alongside elite brand-name kitchenware merchandise
  • Prime retail locations and an experienced sales workforce

Opportunities

  • New variety of appliances and potential new exclusive knife block set on market before the end of 2023
  • Expand product portfolio by introducing new, innovative, and customizable products
  • Increase brand presence and awareness in the e-commerce industry by incorporating other selling platforms
  • Open retail facilities and warehouses in new geographic regions in order to reach additional markets and increase sales
  • Fully transition operations into e-commerce allowing the company to maintain higher profit margins and reduce expenses

Headquartered

  • Northeast United States

Current Markets

  • The company mainly serves consumers seeking to purchase sophisticated kitchenware nationally

Real Estate

  • The company operates a 15,000 sq. ft. warehouse leased from a related entity. The company also operates in two different retail facilities which are leased from an unrelated third party.

Shareholder Objectives

  • The company is fully owned by four shareholders. The owners are in an agreement to sale the company and are seeking retirement. The owners are willing to remain with a new ownership for a transition period if needed.

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