Direct Marketing Merchandiser

Bid Deadline: August 4, 2020

 

 

Direct to Consumer Catalog

and E-Commerce Retailer

 

This Catalog and E-Commerce Company entered Chapter 11 bankruptcy (filed August 2019) protection and ownership is looking to complete an accelerated transaction. Established in 1985, the Company serves customers throughout North America and specializes in providing quality general merchandise at low prices. The current management team has been able to stabilize, and even grow the company during bankruptcy (and the global COVID-19 pandemic).  By leveraging a loyal club membership base of recurring customers, the Company is trending towards 8% EBITDA for 2020.

 

REASON FOR SALE: Cash flow challenges created by a leveraged capital structure resulted in 2019 financial distress.  The Company represents a great acquisition opportunity for a strategic or financial acquirer with management looking to participate.

 

RECAST & PROJECTED FINANCIAL HIGHLIGHTS

Client B2590 - Direct Marketing Merchandiser

is being presented by SealedBid Marketing, Inc. (“SBM”) and is being offered for sale through a competitive bid process.  This bid sale invites Bids on a competitive basis from financially qualified persons or entities who have provided SBM with a signed a Confidentiality Agreement and have received a Confidential Information Memorandum.

 

All information contained herein was derived from sources believed to be authoritative, but not guaranteed.  This offering may be withdrawn without any notice.

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SealedBid Marketing, Inc. ("SealedBid") is a Mergers & Acquisitions ("M&A") firm focused on lower mid-market companies with revenues ranging from $2 million to over $50 million. If you or your client would like to discuss M&A in 2020, please do not hesitate to contact us.

BUSINESS HIGHLIGHTS:

 

» Newly Established Quality, Dedicated Management Team

 

» Recurring Revenue Through Club Membership (~200,000)

 

» 14 Annual Catalogs

 

» Long-Time Internet E-Commerce Presence

GROWTH OPPORTUNITIES:

 

» Leverage Existing Membership Base Through New and Creative Marketing Programs

 

» Capitalize on the         Established Distribution Channels

 

» Expand Product Categories and Product Breadth Within Categories

 

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Company is Offered Exclusively by:

SEALEDBID

info@sealedbid.com

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5151 Edina Industrial Blvd.,

Suite 140

Minneapolis, MN 55439

Phone: 952-893-0232

 

Copyright © 2020

 

*** Please CLICK HERE to download the Confidentiality Agreement ***