San Francisco Bay Area Fireplace and Outdoor Living Business
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Background
| BizEx ID: | BizEx1459-KP |
|---|---|
| General Location: | Bay Area, CA |
| Category: |
Miscellaneous Retail Furniture & Fixtures |
| Years in Business: | 21 |
| Under Present Owner: | 21 |
| Hours of Operation: | M-F 10-5:30 showroom and 8-5 installation |
| Owner Hours: | same as above |
| Training: | 11 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 2027 plus option for 5 year extension |
| Lease Options: | |
| Building Size: | 5,000 showroom and 1,500 outdoor |
| Employees: | 4 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $739,000 |
|---|---|
| Down Payment: | $75,000 |
| Gross Sales: | $1,844,682 |
| Discretionary Cash Flow: | $315,170 |
| FF&E: | $60,000 |
| Inventory Included? | Yes |
| Inventory: | $64,000 |
| Min. Operating Capital: | $0-200,000 |
| Real Estate Available? | No |
| Rent: | $10,600 |
| Payroll: | $27,900 |
| Financing: | SBA |
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Gross Sales | $ 1,878,661 | $ 1,723,067 | $ 1,673,812 |
| Gross Profit | $ 847,757 | $ 815,203 | $ 946,259 |
| Disc. Earnings | $ 76,274 | $ 170,127 | $ 258,409 |
