Reputable Fireplace Retailer & Installation Business For Sale

Asking Price$1,200,000

Cash Flow
$327,000

EBITDA$252,000

Gross Revenue$1,600,000

Inventory$775,000
Included in asking price
FF&E$188,000
Included in asking price
listing imageSave

Reputable Fireplace Retailer & Installation Business For Sale


Asking Price$1,200,000

Cash Flow
$327,000

EBITDA$252,000

Gross Revenue$1,600,000

Inventory$775,000
Included in asking price
FF&E$188,000
Included in asking price
Business Description
Long-standing, reputable fireplace retailer and installation business operating in a thriving downtown area in Eastern Iowa. The Business offers a wide selection of fireplaces, inserts, stoves, grills, gas logs, and accessories to consumers, home builders, and interior designers in the area.

Additional Services:
- Delivery and installation
- Inspections
- Maintenance

EBITDA and SDE are 2022-2024 3 Year Weighted Averages
About the Business
Years in Operation
36
Employees
6
Facilities & Assets
12,600+ sq. ft. showroom, shipping/receiving, warehousing, workshop with 20 parking spaces located within a downtown retail and office assemblage built in 2005. Sellers will lease to new owner with a triple net lease.

Approximately $400K of $775K Inventory is Less than 30 Days Aging, and approximately $300K is over 120 Days Aging.
Website
http://www.marigold.mobi/fireplaces
Market Outlook / Competition
The Business is the largest retailer of fireplaces in Eastern Iowa.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
12,600
Rent
Not Disclosed
About the Sale
Seller Motivation
Retirement
Transition Support
The seller is willing to provide consulting to new owner for 3 months.
Listing Info
ID
2312048
Listing Views
755

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Chris Barnard Marigold Resources

Listing ID: 2312048 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 of Use. Learn how to avoid scams.