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This 14-year-old company has had double-digit growth each year since it’s founding in 1995. Known for its state-of-the-art, innovative winter recreational products and its ability to design, develop, and identify reliable suppliers has allowed it to market extremely high quality products at a very competitive price point. This combination has allowed it to become one of the market leaders.
With new product being introduced each year and several in development for market entry in the next few years, the company is poised for accelerated growth and diversification. One of its key abilities has been its flexibility in meeting customer demands and its ability to identify upcoming trends and product opportunities in the outdoor leisure market.
Customers include all of the majors and the “who’s who” of the regional and independent retail, recreational and sporting goods world. Products are marketed and sold under its own trade name as well as several private labels with product design, packaging, and color coordinated to the customer’s specifications. The company’s products have been sold primarily in the US to date with growing distribution in the Canadian and European markets where there is a substantial opportunity for expansion.
The company currently distributes products to customers through a variety of methods including direct from overseas factories, domestic delivery from US warehouses, and drop-shipping to end consumers.
Currently, the company is managed and run by two partners in an extremely lean, efficient and profitable manner. Current management wishes to remain, while creating liquidity for their estate and to gain access to capital for potential acquisitions, product development and expansion and growth. With additional resources, manpower and financing, the company could easily double in size within a two-three year period.
Projected Revenue 2009 $8.8MM, Adjusted EBITDA $1.0MM
For Further Information Contact:
Mr. Burton Bartzoff
Lexbridge International Mergers & Acquisitions Group, LLC
40 Mall Road, Suite 206, Burlington, MA 01803
Tel: 781-221-8421
Fax: 781-221-3533
INQUIRE FURTHER
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