Heritage Industrial is looking for one manufacturing, distribution, or services company with solid operations and experienced management, generating $750,000 to $1,750,000 in seller discretionary earnings, located in or near Somerset, Morris, Hunterdon, or Union County, NJ.
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Targeting a business with technical, regulatory, financial, or other substantial barriers to entry that may prevent / prohibit new entrants.
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I plan to purchase a business in a category with a history of growth, and no clear or dominant players who are gobbling up the market.
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My objective requires a consistent annual revenue stream with limited exposure to seasonality or unpredictable revenue cycles.
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History in manufacturing, logistics, distribution, automotive and marine fields, with transferable skills and management expertise.
Industries of Interest:
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Targeting a business with a history of sustainable growth, recurring customers, and a high retention rate with sales between $5 - $25M.
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Ideally I want a company with a broad base of loyal customers, with no single client accounting for greater than 15 percent of total sales.
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Looking for a business that will benefit from functional expertise in marketing, sales, distribution, and the application of new technologies.
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I’m building a life in Somerset County, NJ - getting home for dinner with the family is important to me. (ie. Somerset, Morris, Hunterdon, or Union)
Ideal Company Profile:
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I am backed by a small group of investors who have confidence in me and are ready to help me acquire a single business in this range.
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In my experience, small businesses that treat their people well do better. Companies with a people first mentality are more interesting.
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Seeking a business that reliably produces owner profits in excess of $750,000, so as to capitalize investments in the company's future.
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It’s critical I work with a seller who cares as much about the success of the company as I do, and is willing to help ensure we are prepared for a bright future.
Key Financial Targets:
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An introductory call so that I can learn more about you and the business you lead - including your priorities and timeline.
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Execute an NDA so I can review high-level data confidentially - including financial history, employees, and customers portfolio.
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Sit down, shake hands, learn about the business and if we both agree there is a fit, put together a valuation or respond to your thinking.
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Engage in due diligence. The entire process will take 3 - 5 months and during it I’ll get to know your business intimately.
Where We Go From Here: