ADM Endeavors Provides Corporate and Industry Update
ADM Endeavors announces significant developments, including its new 100,000 sq. ft. facility valued at $13 million, set to be operational in Q1 2025. The company aims to capitalize on market opportunities following competitor Dennis Uniforms' exit, potentially doubling or tripling school uniform revenue by 2025 from the $1.4 million generated in 2023. The facility expansion will increase revenue capacity up to five times, while the company strengthens its sales team with industry veteran Ashley Hester to capture market share from approximately 50 schools needing new uniform suppliers in the DFW area.
ADM Endeavors annuncia sviluppi significativi, tra cui la sua nuova struttura di 100.000 piedi quadrati, valutata 13 milioni di dollari, che sarà operativa nel primo trimestre del 2025. L'azienda punta a sfruttare le opportunità di mercato dopo l'uscita del concorrente Dennis Uniforms, potenzialmente raddoppiando o triplicando le entrate dai fornitori di uniformi scolastiche entro il 2025, rispetto ai 1,4 milioni di dollari generati nel 2023. L'espansione della struttura aumenterà la capacità di fatturato fino a cinque volte, mentre l'azienda potenzia il suo team di vendita con l'esperta del settore Ashley Hester per catturare quote di mercato da circa 50 scuole che necessitano di nuovi fornitori di uniformi nell'area DFW.
ADM Endeavors anuncia desarrollos significativos, incluyendo su nueva instalación de 100,000 pies cuadrados, valorada en $13 millones, que comenzará a operar en el primer trimestre de 2025. La empresa tiene como objetivo capitalizar las oportunidades del mercado tras la salida del competidor Dennis Uniforms, potencialmente duplicando o triplicando los ingresos por uniformes escolares para 2025 a partir de los $1.4 millones generados en 2023. La expansión de la instalación aumentará la capacidad de ingresos hasta cinco veces, mientras la empresa fortalece su equipo de ventas con la veterana de la industria Ashley Hester para capturar participación de mercado de aproximadamente 50 escuelas que necesitan nuevos proveedores de uniformes en el área de DFW.
ADM Endeavors는 1300만 달러의 가치가 있는 10만 평방피트 규모의 새로운 시설을 공개하며 중요한 발전이 있음을 알립니다. 이 시설은 2025년 1분기부터 운영될 예정입니다. 회사는 경쟁사인 Dennis Uniforms의 퇴출 이후 시장 기회를 활용하여 2023년 발생한 140만 달러에서 2025년까지 학교 유니폼 수익을 두 배 또는 세 배로 늘리는 것을 목표로 하고 있습니다. 시설 확장은 수익 용량을 최대 다섯 배로 늘리며, DFW 지역의 약 50개 학교에서 새로운 유니폼 공급업체가 필요한 시장 점유율을 차지하기 위해 업계 베테랑인 Ashley Hester와 함께 판매 팀을 강화합니다.
ADM Endeavors annonce des développements significatifs, notamment sa nouvelle installation de 100 000 pieds carrés, d'une valeur de 13 millions de dollars, qui sera opérationnelle au premier trimestre 2025. L'entreprise vise à tirer parti des opportunités du marché suite au départ de son concurrent, Dennis Uniforms, et pourrait doubler ou tripler ses revenus provenant des uniformes scolaires d'ici 2025, par rapport aux 1,4 million de dollars générés en 2023. L'extension de l'installation augmentera la capacité de revenus jusqu'à cinq fois, tandis que l'entreprise renforce son équipe de vente avec la vétérane de l'industrie Ashley Hester pour capter des parts de marché auprès d'environ 50 écoles ayant besoin de nouveaux fournisseurs d'uniformes dans la région de DFW.
ADM Endeavors kündigt wesentliche Entwicklungen an, einschließlich ihrer neuen 10.000 Quadratfuß großen Einrichtung mit einem Wert von 13 Millionen Dollar, die im ersten Quartal 2025 betriebsbereit sein wird. Das Unternehmen zielt darauf ab, Marktchancen nach dem Ausscheiden des Mitbewerbers Dennis Uniforms zu nutzen, wodurch der Umsatz mit Schuluniformen bis 2025 verdoppelt oder verdreifacht werden könnte, basierend auf den 1,4 Millionen Dollar, die 2023 erzielt wurden. Die Erweiterung der Einrichtung wird die Umsatzkapazität um bis zu das Fünffache erhöhen, während das Unternehmen sein Verkaufsteam mit der Branchenexpertin Ashley Hester verstärkt, um Marktanteile von etwa 50 Schulen im DFW-Gebiet zu gewinnen, die neue Uniformlieferanten benötigen.
- New 100,000 sq. ft. facility appraised at $13 million with additional $3.7 million in adjacent land value
- Facility expansion expected to increase revenue capacity by up to 5x
- Market opportunity to capture share from 50 schools following competitor's exit
- Potential to double or triple school uniform revenue by 2025 from $1.4M in 2023
- Significant capital investment in new facility construction
- Heavy reliance on successful capture of displaced customers
- No guarantee of winning contracts from Dennis Uniforms' former customers
New Facility Under Construction Appraised at US
- New US
$13M Facility on Track: ADM Endeavors' new 100,000 sq. ft. facility, appraised at US$13 million , is nearing completion, enhancing production capacity and consolidating operations for streamlined growth. - Market Expansion Opportunity: With a major competitor's (Dennis Uniforms) recent exit, ADM is strategically positioned to capture increased market share in the Dallas-Fort Worth school uniform sector.
- Projected Revenue Growth: ADM aims to leverage its expanded facility to potentially double or triple its school uniform revenue by 2025, capitalizing on demand from displaced customers.
- Strengthened Sales Force: New outside sales leader Ashley Hester brings two decades of industry experience, initiating outreach to schools and setting ADM up to fill a critical supply gap in the uniform market.
Fort Worth, Texas--(Newsfile Corp. - October 29, 2024) - Just Right Products Inc., the wholly owned subsidiary of ADM Endeavors (OTCQB: ADMQ) ("ADM" or the "Company") , announces major operational developments, including construction updates on their new manufacturing facility, expanded contract renewals, and the strengthening of its sales team. The Company also provides an industry update, highlighting significant growth opportunities within the school uniform market.
Strategic Path Forward
ADM is looking to capitalize on a unique opportunity in the Dallas Fort-Worth (DFW) school uniform market, as the recent exit of a key competitor creates a clear path to expand its market share. The timing aligns perfectly with ADM's new facility completion, allowing the Company to scale its operations and reinforce its established regional presence.
The Company has developed a robust pipeline of opportunities to fully utilize the new facility's increased capacity. This significant asset value, however, is not yet reflected in the Company's valuation, presenting substantial upside for shareholders.
With approximately US
New Facility to Support Accelerated Growth
ADM's ongoing construction of its new 100,000 sq. ft. production and retail facility is central to the Company's growth strategy. This facility is projected to increase revenue capacity by up to five times, enabling ADM to better meet the growing needs of both new and existing customers through both organic and strategic growth initiatives.
Originally planned at 80,000 sq. ft., the expanded facility allows for improved space utilization and operational efficiency. This centralized hub will streamline ADM's manufacturing, fulfillment, and retail operations, driving stronger margins and enabling a broader product offering. Management expects the facility to be fully operational in the first quarter of 2025.
The Company has also benefited from a significant increase in property value since the initial acquisition in 2021. ADM's recent appraisal valued the completed facility at approximately US
Momentum in Customer Acquisitions, Contract Renewals, and Account Growth
ADM continues to pursue and secure new customer contracts and renewals, highlighting its sales momentum and commitment to long-term partnerships with local public organizations. Unlike many competitors who pursue large corporate deals, ADM has focused on building strong relationships with public-sector entities like schools and government departments, leading to consistent and predictable revenues.
The Company is also in the process of negotiating with customers of Dennis Uniforms, which announced its bankruptcy on October 21, 2024 (more in the Industry Update section). Although there is no guarantee that ADM Endeavors will win contracts with the prospects, management is optimistic about the discussions and believes negotiations are proceeding favourably.
Strengthening the Sales Team to Capture New Opportunities
To drive growth, ADM Endeavors has appointed Ashley Hester as a new sales representative. Ms. Hester brings over 18 years of promotional marketing experience and has won high-profile contracts with organizations like 7-Eleven, Texas Christian University and Southern Methodist University. She has already reached out to over two dozen schools in DFW's Tarrant County, and although these discussions are preliminary, she has received positive feedback with further outreach expected in the coming weeks.
Industry Update
As mentioned, Portland's Dennis Uniforms announced the closure of its operations nationwide, leaving 2,000 schools and approximately 370,000 students without a uniform provider. The void extends to the DFW area, where the Company estimates approximately 50 schools now need a new uniform supplier. This development presents a significant opportunity for ADM to increase its market share beyond the five schools it services in DFW's Tarrant County. ADM is well-positioned to fill the supply gap with its new manufacturing facility and has commenced outreach to these schools.
Management Commentary
"ADM's dual strategy of organic growth through customer acquisition and an M&A roll-up approach is progressing as planned," said ADM Endeavors CEO Marc Johnson. "Our expanded facility will serve as a launchpad for capturing additional market share, diversifying our product offerings, and securing more long-term contracts. As we complete this peak season for uniform sales, ADM is poised to deliver a strong financial performance. The Company expects the combination of new business, contract renewals, and expanded production capabilities to generate meaningful top-line growth while improving operational efficiencies. With ADM's strategic initiatives and strong market position, I am confident in the Company's ability to accelerate growth and solidify our leadership in the promotional products and school uniforms industry."
About ADM Endeavors
ADM Endeavors is a diversified, direct marketing and value-added manufacturing company providing customers with customized promotional products and wearables. Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has been consistently increasing our recession resistant customer base, with sales topping
- https://admendeavors.com/
- https://www.fwpromo.com/
- https://fortworth.academicoutfitters.com/
- https://www.facebook.com/groups/admqshareholders/
Forward-Looking Statement
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are "forward-looking statements" that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Words such as "strategy," "expects," "continues," "plans," "anticipates," "believes," "would," "will," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the retail industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in our filings with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe -harbor provisions. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For further information about ADM Endeavors, please contact:
Marc Johnson, CEO
Phone: 817.231.8048
E-mail: info@admendeavors.com
For investor information for ADM Endeavors, please contact:
Sean Peasgood, Investor Relations
Phone: 647.255.7570
E-mail: sean@sophiccapital.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228143
FAQ
When will ADM Endeavors (ADMQ) new facility be operational?
What is the appraised value of ADMQ's new facility?
How much school uniform revenue did ADMQ generate in 2023?
How many schools need new uniform suppliers in DFW after Dennis Uniforms' closure?
