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Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
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WELL ESTABLISHED CHIMNEY & CUSTOM FIREPLACE COMPANY WITH RECURRING REVENUE FROM CELEBRITIES AND HIGH NET WORTH INDIVIDUALS
(HOME IMPROVEMENT, FIREPLACE and CHIMNEY DESIGN, CONSTRUCTION, SALES and SERVICE)
SUFFOLK, NEW YORK
Listed Price: $ 1,550,000
Listing ID: XCNY220081

Listing DetailsGross Revenue: $ 1,494,000
Cash Flow: $ 405,000
FFE: (Included in Price)
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:

RETIREMENT


Training & Support:

COMPLETE TRAINING AND SUPPORT WILL BE PROVIDED


Listing SummaryBusiness Description:

THIS RETAILER OF CUSTOM FIREPLACES AND STOVES  CAN BOAST ABOUT EXCLUSIVE SALES DEALS WITH THE BEST BRANDS AVAILABLE.

They provide Certified installation, maintenance, and repair of fireplaces and chimneys.

Through the custom fireplace division, they build and install wood burning, gas burning and faux fireplaces.

They compliment the business with a chimney repair and maintenance company.

They are certified by the CSIA( Chimney Safety Institute of America), NFI(National Fireplace Institute), and employ one of the only Master Heath Professionals on Long Island.

They separate themselves from the competition by providing in-house maintenance and repair, where most companies sub-contract it to other businesses.

They also receive a ton of repeat businesses from contractors who want to use the products that they carry exclusively.


Historical Summary:

Started in 2002 with a focus on Chimney Repair and Maintenance.

 In 2010 this business expanded into Selling Stoves and Fireplaces.

 With 50-60% year over year growth this business is positioned to continue growing well into the future..


Owner Qualifications:

Some Construction Experience Helpful, especially fireplace installation.    


Competition:

Limited due to the exclusive brands that they carry and the in-house service department.


Potential Growth:

UNLIMITED


Financing/Terms:

NEGOTIABLE


LocationOption: YES
Lease Security: 6000
Monthly Rent: $ 3,400
Square Footage: 7500
Type of Location: Commercial
Facilities:

THE COMPANY HEADQUARTERS HOUSES AN OFFICE, SHOWROOM AND WAREHOUSE IN A 7500 SQUARE FOOT, STAND ALONE FACILITY.


OperationYear Established: 2002
Days & Hours of Operation: M-F 9am-5pm Sat By Appointment Only
Owner Hours: 40
Employees: 6
Managers: 2
Absentee Owner: No