Residential Fireplace Retailer, Dealer in New York.

Featured on BusinessForSale.com . 6 viewed

Asking Price

$590,000

FOR SALE - ACTIVE

Detailed Information

Location

NY Metro Area, New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This business in the greater New York metropolitan area specializes in selling, distributing, and servicing residential fireplaces and stoves, including pellet, wood, gas, and electric options. They are a retailer and dealer for various brands, offering products such as gas logs and glass doors, with the ability to secure permits for installations in multiple counties. With nearly six decades of experience and high ratings, the company is considering expanding to a showroom to potentially exceed $1 million in sales. The company, which is owner-operated and home-based, is primed for relocation post-sale as employees and independent contractors can continue operations for up to a year. Certified technicians handle annual inspections and maintenance, ensuring peak performance and providing replacement parts as necessary. The potential for growth through aggressive advertising and strategic partnerships is recognized, with revenues last year totaling $842,756 and discretionary earnings reaching $154,898. Marketing efforts are predominantly driven by verbal referrals from a loyal customer base, supported by a user-friendly website, social media engagement

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