Fireplace Equipment & Installation—Retail & Wholesale Well-Established

Santa Clara County, CA

Fireplace Equipment & Installation—Retail & Wholesale Well-Established

Asking Price:$1,095,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Fireplace Equipment & Installation—Retail & Wholesale Well-Established

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Business Description

This business offers everything any Northern California customer could possibly want related to fireplaces mantels and hoods, inserts, wood stoves, outdoor barbeques and fire pits, gas logs and burners, surrounds, doors and screens, accessories, etc. Well-established, highly-respected.

Detailed Information

Facilities:
This business offers everything any northern California customer could possibly want related to fireplaces — mantels and hoods, inserts, wood stoves, outdoor barbeques and fire pits, gas logs and burners, surrounds, doors and screens, accessories, etc. In business for a decade, this store is the “go to” place for the discerning fireplace devotee … whether they’re a homeowner, contractor, or real estate developer. They are designers, fabricators, installers, and general contractors; but, the business has been planned and developed so that a new owner with no technical expertise or prior industry experience can step right in and grow the business even more. They are authorized re-sellers for over twenty fireplace brands. A successor would infuse the company with new energy, enhanced marketing exposure, an expanded territory, outside sales, and possibly complementary lifestyle product offerings such as spas, saunas, outdoor patio structures, and water features. The business is an excellent acquisition target for (1) a contractor already in the industry, (2) a retailer already in the industry, (3) an individual with entrepreneurial zeal, (4) a hands-on owner operator looking for a turn-key successful business, or (5) an absentee or semi-absentee investor who will hire operating management. The owners report annual sales of approximately $2,100,000 with Seller’s Discretionary Earnings (“SDE”) of over $400,000. The business is definitely SBA loan eligible. Complete historic financials will be made available to serious bona fide buyers only after a preliminary discussion with the broker and owner. The deal structure will be a sale of all assets (including all physical assets, trademarks, good will, name, customer records, etc.,) except accounts receivable, accounts payable, and cash on hand. The business is priced at an asking price of $1,095,000 (approximately 50% of gross sales), plus saleable inventory at cost (typically ~$400k). Partial Seller financing may be available. The seller may be somewhat flexible on the price subject to adjustment depending on the deal structure, financing, and timing. The Seller is very open to a reasonable transition period in order to assure that the new owner is fully trained and that existing business is retained. Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business. EG915

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Tim Cunha, J.D.

Business Listed By:
Tim Cunha

an EvergreenGold Business Broker

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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