Hi! I’m Joseph, co-owner of Abundant Culture. My team and I are in the process of rolling up a few pandemic resistant online businesses over the next several months and we have relationships that will allow us to achieve 3X organic growth in each company.
I’m posting this because we’re acquiring our next deal and are raising debt and equity. Our goal is to get all the soft commitments we need in 3 weeks. Here’s some of the details. Let me know if you’re interested.
This kitchenware company, located in FL, has been in business for over 20 years. It’s currently generating over $13M in revenue and $1.4M in EBITDA and has grown by 6% YOY. It employs 22 people and has over 12k profitable SKU’s in stock. It has no customer concentration issues and what makes this company really unique is it has a proprietary software and warehouse that can be used for 3rd party logistics for an additional revenue stream. And the best part is, it’s only selling for a 3.99 multiple of EBITDA which includes $1.5M worth of inventory. If you’re looking for an investment with solid cash flow, good growth, and a great foundation, look no further.
If this deal sounds interesting to you, reach out to me with your email so I can send you more information and let me know the amount of money you’d be willing to invest if everything checks out.