Residential fireplace and stove sales, maintenance. New York

Featured on BusinessForSale.com . 12 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

Show more info

Business Description

This New York-based business focuses on selling, maintaining, and repairing residential fireplaces and stoves, including those powered by pellet, wood, gas, and electric sources. With nearly 60 years of experience and strong ratings, the company offers a variety of products from different brands, including gas logs and glass doors. Its reputation is solid, and it has plans to potentially expand into a showroom that could significantly increase sales revenue. The business is home-based and owner-operated, offering the flexibility for relocation post-acquisition while maintaining communication with employees and independent contractors for a seamless transition over up to twelve months. Certified technicians ensure the proper functioning of burning appliances through annual inspections and the provision of replacement parts as needed. Revenue reached $842,756 last year, with discretionary earnings of $154,898, showcasing strong financial performance. Promotion efforts primarily rely on word-of-mouth referrals from a loyal customer base, supported by online engagement through the business's website and social media platforms. The company also utilizes CGI

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