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.

Benchmark International

Benchmarks Exclusive Opportunities

Luxury Kitchenware and Cook Tool Supply Company BN000045395

Luxury Kitchenware and Cook Tool Supply Company BN000045395

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