Asking Price: $1,095,000 Gross Revenue: $1,500,000Cash Flow: $400,000EBITDA: $345,000Inventory: $80,000 included in asking priceFF&E: $75,000 included in asking priceReal Estate: $400,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Nedrow Business Advisors is proud to be selling this 55 year old fireplace/hearth/inserts/outdoor grills and kitchens sales and install company with a showroom and two warehouses. This company has tremendous repeat business with contractors/builders, and existing home owners as well as referrals. This family business has shown steady growth. The business services new construction as well as existing homes and also sells and installs efficient stoves. Owners are ready to retire. New owner will be buying a well established company with a great reputation not only in the industry but also in the community. This business is growing year after year and the potential for increase in revenue is tremendous. SERIOUS INQUIRIES ONLY PLEASE!
About the Business
Number of Employees:
Building Sq. Ft.:
2,000 sq.ft. showroom with displays and products. 3,200 sq.ft. warehouse with a second detached warehouse of 1,300 sq.ft. 2.5 acres total.
This business has a long standing reputation withcontractors, builders, and others in the industry for quality, as well as, continued service. This company also has a reputation from customers of being the most knowledgeable in the industry. Located in north Texas with access to markets across north central and northeast Texas. This company carries the most reputable and warrantied products on the market.
Growth & Expansion:
This company has experienced steady growth year after year and has a great reputation without any advertising or marketing. By adding employees, advertising, and marketing, there is tremendous potential for growth. Up to this point, word of mouth has been the best advertisement.Servicing existing Fireplaces is an opportunity for growth that hasn't been pursued in the past.
55 Yr Old Fireplace, Outdoor Kitchens, Stoves, Grills Sales & Install
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.