Chimney And Fireplace Enterprise For Sale

Property Information

Real Estate:

Lease

Premises Details:

This business is located on the property of the Seller, including his home in North Florida. The office and warehouse total approximately 7,000 S/F and are owned outright by the Seller. Rent for a new owner will be only $4,000 per month for up to 5 months. This monthly lease amount is $6.85 per square foot. This lease is priced below market rates because at the end of 5 months, the new owner will have relocated to another, more appropriate commercial location, probably in the Tallahassee SMSA.

The office space has a small kitchenette area, conference room, and restroom. This business has excellent phone & cable service, and all 3 office workstations have access to high-speed internet.

In the shop/bay portion of the warehouse, there is room for up to four vehicles, which provides secure storage and keeps the equipment out of the elements. The warehouse is outfitted with running hot and cold water, a washer & dryer (for daily drop cloth cleaning), and a utility sink. The warehouse has 5 bay doors with manual open/close (pull chains) for 3 of them, and the other two bay doors have electric motors with wireless fobs to open/close.

With the company sale, the majority of the warehouse can continue to be rented for up to 5 months. This would allow the buyer ample time to find a suitable new commercial site to relocate this business.

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

The market area for this business is around 75 - 100 miles from the company's headquarters in North Florida. There are several ways the current business model and marketing plan could be expanded to capture additional business and new customers. Creating Annual Service Contracts would be a good idea and help solidify cash flow amounts with steady jobs year around. For additional growth, other services could be added such as masonry fireplace facing veneers, and tear down and rebuilds of chimneys. Additionally, marketing efforts could be efficiently and economically increased with expanded and better use of social media. This company has a story to tell, and their products and services would provide interesting and inviting "copy" for online videos and/or other social media and internet outlets.

Competition / Market:

Very strong market position. This firm is easily number one among all the competitors within 100 miles of its North Florida location. They are the only company that runs multiple service trucks on a daily basis in their North Florida territory. Over the past 34 years, the company has seen other companies come and go. Currently, there are few survivors, with only a very small handful of industry competitors.

This firm has also set itself apart as the most knowledgeable experts in the area. It is not unusual for a competitor to refer business to them when they feel uncomfortable or unknowledgeable enough to tackle a more complicated job themselves. This company is very proud of and appreciative of the relationships that they maintain with most of their competition. Competitors, Realtors, Contractors, Developers, and existing customers have provided an excellent source of referral business for this firm.

Reasons for selling:

Preparing to retire.

Trading hours:

Monday-Friday 8am-5pm

Employees:

4 FT

Years established:

35

Other Information

Support & training:

Will train for 8 weeks @ $0 cost.

Financing available:

Lender pre-screened with $84,500 down.

Furniture / Fixtures value:

$274,205 - included in the asking price

Inventory / Stock value:

$41,204 - included in the asking price

Relocatable:

This business can be relocated