Operating for over 45 years, the company is a multi-site niche distribution company in the novelty products industry.

Key Aspects

Combined revenue averaged $34.2M from 2019 to 2022
Combined adjusted EBITDA margins have averaged 6.7% from 2019 to 2022
No one customer generated more than 2% of revenue in 2022
In operation for over 45 years, the company has an exceptional reputation in the industry for customer service, knowledge, marketing, quick shipping, and return policies
Seasoned management, sales representatives, and customer service team
According to management, one of the largest drop shipment providers in the US with the fulfillment of orders for independent websites and Amazon FBA re-sellers in the industry
Supports dealers with custom retail training initiatives from in-house marketing and e-learning program
Maintains two-to-three months of inventory based on seasonal demand
Stock of products from over 215 manufacturers, and the warehouse can carry over 20,000 SKUs
Awarded numerous reputable awards in the industry over the last 15 years

Financial Note: Revenues attributable to intercompany transfers provided by management have been eliminated. Additional adjustments may be required.

Opportunities

Improve the company’s warehouse technology to become more efficient in fulfilling large orders
Continue to expand geographically within the US and internationally to increase market share
Attend additional industry tradeshows to expand offerings outside of its current channel including mainstream markets
Continue to explore freight deals with existing customers to gain additional business

Headquartered

Current Markets

The company serves brick-and-mortar retailers, e-commerce, Amazon re-sellers, eBay re-sellers, home party consultants, and individual consumers across the US and internationally.

Real Estate

Operates from a 64,000 sq. ft. distribution facility leased from an unrelated third party. In addition, the company has a retail location that is 2,400 sq. ft. and is leased from an affiliated entity, which ownership is willing to include in the sale or lease long-term.

Shareholder Objectives

Six shareholders equally own the company and would like to pursue exit options. They are willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership.

Benchmark International

Wholesale Distributor of Novelty Products – BN000045721