| OFFER TO SELL
Client No. 05042
Business: This 32 year old company is a retailer
of patio furniture, fireplaces and related accessories. In addition,
the company is a wholesaler of gas and electric fireplaces and
accessories. The company operates retail stores and a 65,000 square
foot warehouse and distribution center. The company is located
in the Mid-Atlantic Region.
Market area: Continental United States and Europe
Sales:
Year Ending March 31, 2005 $ 10,017,994
Year Ending March 31, 2004 $ 10,153,229
Year Ending March 31, 2003 $ 10,479,227
Year Ending March 31, 2002 $ 10,198,230
Reason for Sale: The company is privately owned
and the owners wish to retire.
Terms and Price: Terms and price are flexible
depending upon the structure of the sale. The company is being
offered for sale as one entity, the retail stores individually
or by group and/or the wholesale fireplace operation.
Fees: Penn Capital Group, L.L.C. has been engaged
exclusively to sell this company and our fee is paid by the seller.
More detailed information will be supplied to serious buyers upon
the signing of a confidentiality agreement. A verification of the
potential buyer’s financial capabilities will be required.
All communication, inquiries and requests for information should
be directed to:
Lawrence N. Blake
Penn Capital Group, L.L.C.
5 Shadow Lane
Chadds Ford, PA 19317
Phone: 610-388-7119
Fax: 610-388-3361 |