Fireplace & Chimney Company—Retail, Restoration, Repair
| Cash Flow: | $192,000 |
| EBITDA: | $192,000 |
| Gross Revenue: | $1,800,000 |
The Company is a leading retailer of high-end, designer-friendly, fireplaces, inserts, and stoves, serving highly affluent clients from some of the most prestigious zip codes in California. The Company’s 3,000 square foot showroom is in a high-visibility location near a heavily-trafficked shopping center. The Company has multiple decades of experience working with General Contractors, Designers, Architects, and Residential Clients. Remote and/or semi-absentee ownership is possible due to very strong second-tier management in place.
MARKET DEMOGRAPHICS
Total Housing Units* 778,382
Home Ownership Rate* 50.4%
Housing Value > $1.0M* 59.4%
Housing Value > $500k* 90.2%
Median Household Income* >$115,000
Avg. Home Values**
• Marin County $1.5MM
• San Francisco County $1.3MM
* Source: US Census Bureau 2022 American Community Survey 1-Year Estimate
** Source: Zillow.com, as of June 2024
INVESTMENT APPEAL
• Superior Name and Reputation: The Company enjoys a long-standing, multi-decade reputation for quality products and superior customer support. The Company is well known for its expertise on meeting the needs of complex, fast track projects.
• Second-Tier Management in Place: Current ownership provides oversight and financial management. Day-to-day operations are handled by an existing second-tier management structure.
• Authorized Dealer: As an authorized dealer for the most well-known brands in the industry, the Company has established very strong relationships with its suppliers.
• Modest Ongoing Capital Investment Requirements: The need for capital expenditures is minimal moving forward.
