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Green Heating Systems

Financials

Asking Price of Business: $250,000
Included in the Asking Price:

Furniture, Fixtures & Equipment: $200,000

Inventory: $225,000
Cash Flow: $240,000
Annual Sales: $1,850,000

Summary Description

Location, Location, Location! Dominant regional retailer specializing in alternative heating systems. This retailer serves a client base from a wide geographic area and has a track record of outstanding sales growth. Accessories, installation and complimentary product lines contribute to its solid sales base. An excellent reputation combined with increasing consumer demand for environmentally friendly and energy efficient heating systems enables this retailer to be well positioned for the future.

General Information

Year Established: 1999
Employees: 4 FT / 6 PT

Facilities:

The business has two locations in high traffic commercial area. The stores have high curb side appeal with visible signage and outdoor product displays.

Market Outlook

Competition & Market

The business' high profile locations and strong brand image has built a longstanding loyal customer base of local home owners, builders and architects. The retailer has a unique and profitable niche in a quality product and serves a wide geographic area beyond the traditional service delivery area.

Growth & Expansion:

The high cost of energy is driving demand for alternative heating solutions. This retailer is well positioned to react to new trends and products. Additional revenue growth can be realized in expanded home installation, service and repair. Competition is a few “ma & pa” operations and lower end products found at big box retailers.

About the Sale

Financing:

Anticipted Bank Financing: $200
Down Payment: $50,000
Inventory Purchase: $225,000
Working Capital Needed: $100,000

Support/Training: Owner will provide transition training for a new owner.

Reason for Sale: Retirement

Contact Information

Lee Edwards
Maine Business Brokers Network
Phone: 207-775-1957
Email: Lee@MaineBusinessBrokers.com

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“We really appreciated how easy you are to work with. You are very professional, yet you are fun!”

John & June Stauffer
Sellers, Maine Bucket Company, Lewiston, ME (1986 Sale) Letter of Oct. 3, 1986