• Full-service fireplace business established in Saskatchewan for 20 years.
• Core services include selling and installing gas & wood fireplaces, stoves, chimney sales & cleaning and WETT inspections, among other complimentary produces & services.
• Core clients includes homeowners, contractors and commercial building owners.
• Average revenue of over $892K and seller’s discretionary earnings (SDE) of $183K in last four years.
• Business price includes inventory of $294K and equipment with original cost of 210K.
• 5% annual sales is recurring revenue; Company’s average sale value is $10K; Top 5 customers make up 10% of annual sales; Business has 2900 customers.
• Staff of 3 FT non-union employees plus the owner and accountant.
• Huge potential to grow the business by leveraging the current brand and hiring additional installers.
• Operates from a 3,600 Sq. Ft. leased facility.
• Current owner is looking to retire but is willing to stay as a consultant for a negotiable period.
• Seller is open to providing some seller financing for the qualified buyer, making this a highly attractive opportunity.