Asking Price: $225,000 Gross Revenue: $466,529Cash Flow: $80,437 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $2,321 included in asking priceReal Estate: Not Disclosed Share 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.
This business specializes in retail sale and installation of fireplaces, grills, stoves and storage sheds as well as fireplace inserts, accessories and grill accessories.
About the Business
Number of Employees:
Occupying a commercial space with a 1200 square foot showroom and 1000 square foot storage building, this business is on a main road with increasing traffic and business/residential development. There is free and ample parking for it's customers and the location is in an area that has experienced tremendous growth both in commercial and residential. That trend in growth is expected to continue.
There are 3 similar businesses in the geographic area. This company sets itself apart with it's customer service and quality products and services and also provides service on fireplace products they didn't sell as well as the products they did sell to increase their customer base.
Growth & Expansion:
There is potential for growth with a new owner who could consider increasing the number of gas products on display, pursuing more commercial builder business and performing more complete fireplace installations like framing to finishing work.
Will train for 2 weeks @ $0 cost. Products and services offered by this company include installation of wood, gas and pellet stoves and fireplaces, fireplace inserts and accessories, grill accessories and gas, charcoal and pellet grills as well as smokers are also sold. Building and installation of storage sheds also accounts for a small part of the business. There are no specific licenses required, but National Fireplace Institute certification is recommended and a PA Contractor license depending on the level of installation offered.
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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
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