Wooden Mattress Foundation Manufacturer - Seeking $2,680,000

Southeast US
Industrial & Manufacturing
Client Code: BM010988
Revenue (YTD): $3,046,506
EBITDA (YTD): $388,924

The business manufactures mattress foundations and sells related products including lumber, beams, and plastic bags to mattress manufacturers located in the Southeast, US. The company works with manufacturers to assemble the bed frames to given specifications and then ships the frames either assembled, or in components that are then assembled by the customer at their site.

Key Aspects

• Exclusive supplier for the majority of customers

• High volume of recurring sales

• Differentiators include on-hand supply of products, ability to customize, and trusted delivery schedules

• Ability to cut own components in-house

• Operating history spans over 25 years

• High-margin foundation sales comprise the majority of revenue

• Two assembly locations

• Plant managers handle day-to-day sales and production activities

Opportunities

• Hire additional sales representatives

• Expand geographic network and client base

• Continue to expand product offerings

• Option to add second and third operating shifts

Headquartered

• Georgia

Current Markets

• Primary states served are Georgia, North Carolina, and Mississippi

Real Estate

• The company operates from two facilities, which have production, office, and warehouse space. One facility sits on 10 acres, is 30,600 sq. ft., and is owned by an affiliated-entity. The owner will entertain either selling the facility or a long-term lease. The smaller facility is 16,000 sq. ft. and is owned by an unrelated third party.