Business Overview

The business was established over 40 years ago and sells wood, pellet, and gas alternative heating appliances for homes or shops. It’s located in an attractive standalone building with a large yard, and has an array of new, used, and antique stoves to fit most budgets and inquiries; even outdoor wood whole home furnaces. It is considered a local monopoly with a unique business offering and incredible customer reviews.

Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Financial

  • Asking Price: $360,000
  • Cash Flow: $257,390
  • Gross Revenue: $867,511
  • EBITDA: N/A
  • FF&E: $75,000
  • Inventory: $250,000
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:15,000
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

15000 SF in a free-standing building.

Is Support & Training Included:

4 weeks included

Purpose For Selling:

Retirement

Additional Info

The sale won't include inventory valued at $250,000*, which ins't included in the requested price.

The company has 5 employees and is located in a building with estimated square footage of 15,000 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people resolve to sell operating businesses. Nevertheless, the true reason and the one they tell you might be 2 absolutely different things. For instance, they might claim "I have a lot of various obligations" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might just be reasons to attempt to hide the reality of changing demographics, increased competition, recent decrease in earnings, or an array of various other factors. This is why it is very important that you not rely totally on a vendor's word, however rather, make use of the seller's answer along with your overall due diligence. This will paint a much more practical image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies finance loans so as to cover points like inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can suggest that profit margins are too thin. Lots of companies come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that should be fulfilled or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location attract new customers? Many times, operating businesses have repeat customers, which develop the core of their daily earnings. Particular elements such as new competition growing up around the area, road construction, as well as staff turnover can influence repeat customers and also adversely impact future revenues. One essential thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business on a regular basis, the greater the chance to construct a returning consumer base. A last thought is the basic area demographics. Is the business situated in a densely populated city, or is it located on the outskirts of town? Just how might the local average home income impact future revenue potential?