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Listed by:

N3 Business Advisors Inc

Well-Established Fireplace Business In Saskatchewan For Sale

Saskatchewan, Canada
Asking Price:
$775,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$826,000 (CAD)
Cash Flow:
$161,000 (CAD)

*Full-service fireplace business for sale, established in Saskatchewan for 20 years.

*Core services include selling and installing gas and wood fireplaces and stoves, chimney sales and cleaning and WETT inspections etc.

*Core clients includes homeowners, contractors, commercial building owners.

*Average revenue of over $826K and average owner discretionary income of $161K during last four years.

*Business price includes inventory of $325K, equipment of $205K.

*5% of annual sales is recurring revenue; Company’s average sale value is $10K; Top 5 customers make up 10% of annual sales; Business has approximately 2,900 customers.

*Staff of 3 FT non-union employees plus the owner and accountant.

*Huge potential to grow business by leveraging the current brand and by hiring installers.

*Operates from 3,600 Sq. Ft. leased facility.

*Current owner is looking to retire and is willing to stay as a consultant for a negotiable period.

*Seller is open to providing some seller financing, making this a highly attractive opportunity for potential buyers.

Property Information

Real Estate:

Lease

Location:

Saskatchewan

Business Operation

Reasons for selling:

Retirement

Other Information

Financing available:

Seller is open to providing some seller financing

Furniture / Fixtures value:
$205,000 (CAD) - included in the asking price
Inventory / Stock value:
$325,000 (CAD) - included in the asking price