A Bio Fuel Heating And Historic Stove Shop For Sale

Business description

This 50 year-old plumbing and heating business with a country stove shop is a regional leader in green technology / Bio Fuel Heating and Water Filtration Systems. This 2nd generation business has provided the owners with a comfortable income and an enviable Vermont lifestyle. Located in the heart of Vermont’s green technology / sustainable business movement, this company has exciting growth potential for the right buyer.

The business has a spacious historic stove shop showroom on a main thoroughfare of an idyllic Vermont community. They sell and install Bio and Alternative Fuel Stoves and Central Heating systems, as well as conventional heating and boilers. Its extensive Bio Fuel product lines, technical know-how and in-shop repair services are in high demand throughout Vermont, New Hampshire, New York, Maine and Canada. Plumbing services include Water Supply and Filtration Systems, kitchen and bath remodeling, and annual plumbing service for permanent and seasonal residential homeowners.

Product Lines include Vermont Castings, Majestic, Dutchwest, Hearth and Home Technologies, Quadra-Fire, Heatilator, Heat n Glow, Bio-Heat USA, Solo Inova, Morso, Napoleon, Fahrenheit Technologies, Fire Chief and Pacific Energy.

Property information

Real Estate:

Real Property Included

Premises details:

The business is operated from property that will be sold as part of the business. The building is over 100 years of age with a timely, historic character and ample frontage on the main street. It has an irregular shape and is positioned close to the street, creating a visible and iconic look, which gets attention from passing cars. There is generous street and public parking.

The showroom is 1680sq feet with large windows providing a clear view into the Stove Shop from the street. The building has 14,175 sq. ft. plus the basement. It is zoned for commercial use, and is served by public electricity, water and sewer systems. The building is, in excellent condition, with a new roof and up-to-date maintenance.

Other information

Expansion potential:

The opportunity exists for a new owner with clear vision to take the foundations of this company and grow the business to meet its full potential. A new owner with basic management expertise and a flair for marketing and growing the business will recognize definite opportunities.
1-Expand and Improve the Stove Shop and add a Kitchen and Bath Showroom
2-Add more Stove, Heating and associated product lines
3-Add distribution of pellet and other bio fuel products
4-Strengthen (existing) sources of internet generated dealer sales referral programs
5-Explore new uses for the unused portion of the current building

Competition / Market:

Operating at this location for 49 years creates a strong customer base with repeat customers. The business is the designated dealer within their territory for many product lines, with numerous protected territories. Additionally they have a strong seasonal clientele – many with annual service contracts.

Support & training:

The Seller has is licensed as Master Plumber and a Certified Bio Fuel Heating Installer. If needed, he is readily available to provide his licensed installation expertise to the new owners. Additionally, he will be available to insure a successful transition to new ownership.

Reasons for selling:

Retirement. The seller has run this business, and would like time to explore other interests.

Inventory / Stock value:

$15,000 (included in the asking price)