$ REDUCED: Chimney & Masonry Repair. Wood Stove Dealer a bonus!

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Major price reduction - Price reduced to $295K
Asking Price:
$295,000

Gross Revenue:
$618,823
Cash Flow:
$160,276
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$17,065
included in asking price

Real Estate:
 Not Disclosed

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Business Description

PRICE REDUCED FOR QUICK SALE. This wonderful 30+ year established business won't last long on the market. With over 11,000 consumer contacts on their mailing list this chimney and masonry installation, repair and maintenance business is a must see. The current owner manages as many as 5 crews daily working in the field providing quality, turn-key services to residential and some commercial markets within Central Ohio. Owner works in a part time (non-field) role and the new owner could perform his role as manager and also perform much (if not all) of the administrative tasks he is paying others to perform.

Field service and installation crews consist of highly trained CERTIFIED personnel ranging from 7 years to over 20 years of job experience. State of the art equipment installation, and service procedures are utilized by each technician. Techs strive to be honest and fair in all dealings with their customers which has helped to build an impressive customer base by any measure.

Some of the self-performed services provided includes chimney inspection, chimney sweeps, masonry and chimney repair, wood and pellet stove installation, chimney relining & rebuilding, hearth repairs and much more.

In addition this company is a designated dealer for a major stove manufacturing company producing wood, pellet, hybrid stoves and also vent free heater units. There is a significant inventory of NEW resalable inventory items included in the sale of the business to jump start retail sales. Product purchases are performed on a daily basis and wonderful business and vendor relationships are in place to help with delivery and freight costs.

Equipment included in sale is significant and above and beyond what is required to operate this type of business. Items include a 2016 - 5' x 10' trailer, wood stove lifts and dolly's, scaffolding, lifting and rigging equipment, masonry and chimney sweep tooling and high-end chimney scanning equipment/tooling.

What an exciting business to consider purchasing and managing for yourself!

About the Business

Year Established:
1983
Number of Employees:
10
Facilities:
This business is presently being operated from a building on the Seller's property and is used primarily for administrative purposes and it also facilitates a small showroom for some of their stove & chimney product offerings. The buyer will need to allow for costs associated with operating this business from another site or home-based location.
Market Outlook/
Competition:
There is relatively low competition in the area, however, this business has a huge referral and relationship built customer base established since the early 80s. They are a premier turnkey service provider and can also supply and install new stove units supplied direct from the factory.
Growth & Expansion:
The current owner does a large mailing once each year to over 11,000 homes. Deluxe flyer is sent to all customers for past 35 years and helps keep 4+ crews busy all summer! Each year every active customer receives a magnet and fire-starter kit gift to promote business. Steady gains in market shares has been obtained and maintained. Owner stated "We have ran our business with our heart" and insists on taking an extra step to achieve customer satisfaction. They also have a website for attracting new customers. Most of the company's income revenue streams in from service work. The largest potential for growth would be to add a sales person and increase marketing efforts into both residential and commercial (basically untapped) markets. The new owner could also elect to add a retail store front to attract new business and increase the retail sales revenue component of the business.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller is willing to remain on for 2 weeks to help with buyer transitioning into the business.

Listing Info

ID:
1611655
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Equipment List (213 KB)
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Business Listed by

David Kueker

Business Transfer Specialists

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Sponsoring Broker:

Tara Kueker
Business Transfer Specialists

U.S. Census Data for Delaware County, OH
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Delaware County, OH
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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