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Stove & Fireplace Dealer Primed For Expansion/merger! (37982) For Sale

NY Metro Area, New York, US
Asking Price:
$590,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$842,756
Cash Flow:
$154,898

Servicing the greater New York metropolitan area, this business specializes in the sale, distribution, maintenance, and repair of residential fireplaces & stoves such as pellet, wood, gas, electric sources, and other related items.

As a retailer and dealer for various brands across all sources and models, the company also offers gas logs, and glass doors, and operates in several counties with the ability to obtain the needed permits before installing its products.

Boasting high ratings and close to six decades of ongoing experience, this company maintains its strong reputation and the flexibility to optimize plans such as expanding into a showroom site that could easily achieve sales well over $1M! Business is home-based and Owner-Operated in nature, relocation is ideal after purchase, as employees and a list of independent contractors can remain in contact to continue processes after a transition of up to twelve months.

Burning appliances require annual inspections, therefore certified technicians are trained by manufacturers to keep performance in check and provide replacement parts for gaskets and screens, as well as appliances when needed. With recognized potential in taking the business to the next level through aggressive advertising & strategic partnerships, Revenues totalled $842,756 as of last year, alongside Discretionary Earnings of $154,898.

With an active website, engagement on social media, and use of CGI Digital marketing, promotion relies mostly on verbal referrals from a large and repeat customer base, backed by quality performance and services. Based on an independent evaluation!

Property Information

Real Estate:

Lease

Size in square feet:
N/A.

Business Operation

Reasons for selling:

Approaching retirement.

Trading hours:

Tuesday to Friday 9AM - 5PM.

Employees:
2 nonunion.
Years established:
Established 1969, Acquired 2001

Other Information

Support & training:

List of contractors can remain in contact and continue processes after transitioning of 12 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$80,000 - included in the asking price
Inventory / Stock value:
$242,683 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.