NOT DISCLOSED, California
| Asking Price |
$739,000 |
Year Established |
2003 |
|
| Annual Revenue |
$1,844,681 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Kresimir |
|
| Annual Cash Flow |
$315,169 |
Listing Number |
982556 |
|
| # of Employees |
4 |
Business Category |
Retail: Home Furniture & Furnishings |
|
Business Overview:
This 20+ year old family owned company sells fireplaces, barbecues and firepits. It operates out of a high traffic downtown showroom location. The business offers product sales, installation and repair.
Customers are individuals and contractors that come from a 30 mile radius from the showroom.
Owners have a customer centric focus. They provide education and custom design advice in 2 areas: fireplaces and outdoor living spaces for both new construction and renovation projects. Outdoor living products include barbecues, firepits, and pergolas. Customer interest in utilizing outdoor living spaces has grown post-COVID.
Business has a solid reputation in the community. One of the few full-service education, design, installation and repair stores in a 30 mile radius.
Key points:
- Large product selection
- One stop shopping from education and design to installation and repairs
- No inventory risk
- Customers pay for products in advance
- $315,000 SDE for trailing 12 months which is a 22% increase over 2024 numbers, and a 85% increase over 2023 numbers
- $1,029,000 Gross Profit for trailing 12 months which is a 8% increase over 2024 numbers, and a 26% increase over 2023 numbers
- Net income for year end 2025 expected to double over 2024
- Net income for for 6 months ended June 30, 2025 exceeded the 12 month net income for year ended 2024
- High traffic downtown location
- Showroom location has excellent demographics with median household income above $174,000 and median home value above $1.8M as of 2022
- SBA pre-qualified
- Not an absentee owner business
- Owner has identified several growth opportunities
Growth opportunities:
- Longer working hours during the week and staying open on weekends
- Explore partnerships with contractors and real estate agents to collaborate on projects
- Increase online awareness through digital marketing
- Add to existing product offering in the outdoor living category
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity