Home Furnishings and Mattress Retailer

Based in Arizona, the Company is a home furnishings and mattress retailer with 60+ years of brand recognition and a modern, integrated inventory, pricing, and web platform with analytics to inform decision making. The Company is a member of the a buyer group, which gives them competitive advantage and economies of scale over non-participating retailers. The Company serves residential customers (99.0% in 2020), and commercial customers (1.0%) clients primarily in Arizona (100.0%). The Company has 9,000 active clients and a client list of over 28,000 entries. Historical sales have grown consistently from $1,703,000 in 2018 to $1,876,000 in 2020, representing a 5.0% CAGR. The Company's gross profit margin also increased over the historical period from 43.5% of sales in 2018 to 46.4% in 2020, and is expected to increase over the pro forma period. Location: Arizona