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Fireplace Biz Netting $547,000 with 10% Down to Purchase

Fireplace Biz Netting $547,000 with 10% Down to Purchase

This Listing is Closed

Fireplace Biz Netting $547,000 with 10% Down to Purchase

Business Type: Retail Miscellaneous / Fireplaces


    • Listing# : 16821
    • Listed Price : $1,350,000
    • Total Sales : $1,988,255
    • SIC : 4421
    • Down Payment : $135,000
    • Status : Closed
    • Discretionary Earnings : $548,316

Business Type

Retail Miscellaneous / Fireplaces

Business Description

This business has been pre-approved for a loan with buyer only needing 10% down ($135,000). Buyer would take home after paying debt service $375,000. Buyer would earn their down deposit back within 4.5 months! They are a retail showroom that specializes is fireplace sales. The shop has been a staple in the Bucks Co area for years. Many people have come to depend on them for their fireplace needs. They have an excellent reputation and pride themselves on providing a great product and doing quality work. Honesty and safety have always been pillars for their company. Their market is extremely profitable and has tremendous upside opportunity. There is so much consumer demand and the market is so underserved that profit margins are essentially unlimited.   1-Lots of revenue and growth potential- So many different markets/services someone can branch into. Someone could expand the services side of the business or expand the retail side of things, or both. 2- Strong growing market- Fireplace market is very underserved- Not a lot of competition/shops. Extremely strong demand. They are just hitting the tip of the iceberg, the business/fireplace market has so much potential. 3-Profit margins are great. Niche market that allows for generous margins on product and labor. Business has excellent reputation and people don’t mind paying for expertise. 4-Overhead is low and rent is inexpensive. It can stay this size and operate with high profits OR someone can take it to new heights. 5-The business is located in a strong economic demographic area. Many people with lots of disposable income. People love fireplaces and are willing to spend LOTS of money to make it function and look good.   


Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:No
    • Real Estate: $0
    • Incl:No
    • Inventory: $30,000
    • Incl: No
    • Liabilities: $0
    • Incl: No
    • FF&E: $260,000
    • Incl: Yes
    • Other: $0
    • Incl:No
    • Leasehold: $120,000
    • Incl: Yes
    • Total Assets: $380,000
    • Incl: Yes

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Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:No
    • Real Estate: $0
    • Incl:No
    • Inventory: $30,000
    • Incl: No
    • Liabilities: $0
    • Incl: No
    • FF&E: $260,000
    • Incl: Yes
    • Other: $0
    • Incl:No
    • Leasehold: $120,000
    • Incl: Yes
    • Total Assets: $380,000
    • Incl: Yes

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