Price: $3,200,000
Location: Northwest Florida
Industry: Building and Construction
Listing ID: 240214
Listing Status: Sold
With over 25 years of experience, this Company specializes in the retail and installation of fireplace inserts, hearths, grills, heaters and other accessories for indoor / outdoor use in Northwest Florida. The Company has built a strong rapport with builders for quality, dependability, communication, service and satisfaction. The strong relationships with manufacturers allow procurement and installation of virtually any fireplace to meet the builders’ design needs.
Systems, processes and people are in place with a strong backlog of work ready for the new owner. The Company has seen year-over-year growth in both gross profit and operating profit by over 20%. Growth is expected to continue into 2024.
The owner is willing to provide training, consulting and transition support to the new owner.
General Information:
Employees: 7 full-time employees; 1 part-time employee
Facilities: 3,000 sq ft of space available for lease
Market Outlook
Growth and Expansion: Serving one of the fastest growing markets in Florida.
Significant growth can be achieved through increasing service area and ecommerce.
About the Sale:
Support and Training: Will be provided by the seller.
Reason Selling: Retirement
Total Sales: $2,491,597
Cash Flow: $1,071,399