Fireplace & Outdoor Living Netting $200K-10% Down

Business
  • Listing# : 19361
  • Listed Price : $500,000
  • Total Sales : $1,148,701
  • SIC : 5211
  • Down Payment : $62,000
  • Status : Active
  • Discretionary Earnings : $207,073

Business Type :

Retail Miscellaneous / Fireplaces

Business Description :

Bank pre-approved Only 10% down $62,000 needed – business is netting $200,000 a year

This is an established Fireplace & Outdoor Living Retailer. This well-established fireplace and outdoor living retailer serves a middle to high-end clientele, with a strong focus on design and aesthetics that sets it apart from competitors. With nearly 30 years in business, it has built a loyal customer base and strong reputation in the market.

The business features an experienced team, a standout showroom, and a newer website, and is currently very profitable. Significant growth opportunities exist through expanding the outdoor living segment, leveraging the existing customer base, and increasing online sales.

Highlights

  • Purchase Price: $500,000
  • Only open for 5 days a week! - closed Monday & Sunday
  • Netting $200,000
  • Fully staffed and allocated $55,000 for manager to take the owners role
  • Only $62,000 needed for a qualified buyer
  • Owner will stay on to train new owner
  • Established ~30 years with strong reputation
  • Loyal, repeat customer base
  • High-end, design-focused positioning
  • Experienced staff in place
  • Top-tier showroom
  • Growth potential in outdoor living & online sales

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $60,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $240,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $100,000
    • Incl : Yes
    • Total Assets $400,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Retail Miscellaneous
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