Headquartered in Grand Junction, Iowa, Neese Inc. is a family-owned business that has been providing a wide array of products and services for the agricultural industry since 1991. Neese’s largest and fastest growing revenue source is providing waste disposal and land application services primarily for the agricultural industry, and to a lesser extent, industrial and municipal customers.
Headquartered in St. Louis, Missouri, Goedeker’s is a family-owned business that has evolved from a local brick and mortar operation serving the St. Louis metro area to one of the thirty largest appliance retailers in the country. While Goedeker’s still maintains its St. Louis showroom over 90% of sales are placed through the company’s e-commerce platform. The Company competes on selection, unbeatable low pricing and exceptional customer service from shopping experience to sale through delivery and returns.
Headquartered in Santa Rosa, CA, Asien’s is well-known, highly respected, and one of the oldest appliance retailers in the San Francisco Bay Area. Asien’s will provide a solid foundation as 1847 leverages its team’s extensive experience with previous high-growth retail operations such as Hatworld/Lids, Teavana and Regional Management Corporation. 1847’s expectation is it will continue to grow market share, and build a more dominant presence in the surrounding area.
Headquartered in Boise, ID, the company believes strong housing demand in the region is driven by out-of-state immigration into Idaho. Current operations are focused primarily in the Boise area, providing opportunities to capitalize on high-growth adjacent regions. In addition to regional expansion, 1847 Holdings plans to expand capacity by increasing the network of builders, participating in new bids, and investing in facilities and labor resources. Product line expansion and broadening sales channels to include multifamily housing, remodels, and DIY segments could further accelerate growth. Idaho’s population grew by 2.1% in 2019, faster than any other state, and the Boise Metro Area was the eighth fastest growing metro in the US, seeing a population increase of 2.8%. Driven by retirees and older workers attracted to lower home prices, shorter commutes, less natural disasters, and fewer taxes, the majority of inbound Idaho movers earn above the state income level.