Stove & Fireplace Dealer Primed for Expansion & Merger! (37982)
Asking Price: | $590,000 |
Gross Revenue: | $553,081 |
FF&E: | $80,000 |
Cash Flow: | $112,713 |
Inventory: | $242,683 |
Established Year: | 1969 |
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 sourced and other related items. As a retailer and dealer for various brands across all sources and models, the company also offers gas logs, 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 a flexibility to optimize plans such as expanding into a showroom site 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 transitioning 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 business to the next level through aggressive advertising & strategic partnerships, Revenues totaled $553,081 as of last year, alongside Discretionary Earnings of $112,713. 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!