Stove & Fireplace Sales & Service Business – Sales increases in 2021 & 2022
ASKING PRICE: $790,000
LOCATION: Steamboat Springs, Colorado
GROSS REVENUE: $2,030,000
CASH FLOW: $383,000
INVENTORY: $225,000 (Included in price: No)
YEAR ESTABLISHED: 2002
FFE: $400,000 (Included in price: Yes)
Every mountain home should have a fireplace…. And most do.
This business has a 20-year history of growing sales and customer goodwill in the Yampa Valley. The focus is on Stoves and Fireplaces of various fuels. There is a healthy mix of new sales as well as service relationships with longstanding customers. The company has an attractive showroom with a substantial investment in tools and equipment to handle the jobs that come in. Long-term, well-trained staff are responsible for most of the install and service work.
Solid local and online reputation. Well established high level of profitability. Solid systems have created reliable and consistent costs and steady growth.
Potential purchasers should note that the asking price does NOT include inventory which averages about 225K. Much of the inventory is ready-to-use parts such as ducting and vents which are needed for install as well as service calls. The rest is show room units which will eventually be sold as models change.
Earnings/cash flow referred to is “Sellers Discretionary Earnings” for the most recent 12 months reporting.
Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size before additional information will be provided.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.