Business For Sale

Fireplace Equipment & Installation, Retail & Whsle

Not Disclosed, CA
Santa Clara County


Asking Price: Annual Revenue:
$1,100,000 Not Disclosed

Retail: Home Furniture & Furnishings


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RE: Fireplace Equipment & Installation, Retail & Whsle Broker: Timothy Cunha
License #: 01919755

Quick Facts

Asking Price: $1,100,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 322139224
Broker Reference #: 7842-40359

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Business Overview:

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.

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Property Features and Assets:

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., plus installation. 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 well 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. Financials. The owners report annual sales of approximately $2,150,000 with Seller’s Discretionary Earnings (“SDE”) of over $770,000. The business is definitely SBA loan eligible. Complete historic financials (federal tax returns) will be made available to serious bona fide buyers only after a preliminary discussion with the broker and owner. The Transaction. 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 offered at an asking price of $1,100,000 (approximately 50% of gross sales; 1.5x SDE), plus saleable inventory at cost (typically ~$300k). Partial seller financing may be available to a qualified buyer. The seller may be somewhat flexible on the total price 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. PLEASE, SERIOUS BUYERS ONLY! The owners are busy building the business and do not want to be distracted by casual inquiries. Prospective buyers will be required to sign a non-disclosure agreement (“NDA”) and provide evidence of financial ability. SBA financing should be available to a qualified buyer. 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.

Market Competition and Expansion:

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.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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