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

Not Disclosed, PA
Bucks County

Asking Price: Annual Revenue:
$1,350,000 $1,988,255

Retail: General Merchandise - Retail

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RE: Fireplace Biz Netting $547,000-10%Down to Purchase Broker: Joseph Chiarello

Quick Facts

Asking Price: $1,350,000
Annual Revenue: $1,988,255
Net Profit: Not Disclosed
Cash Flow: $548,316
Total Debt: Not Disclosed
FF&E: $260,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 7
BBN Listing #: 91804955
Broker Reference #: 2702-16821

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Business Overview:

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.

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Property Features and Assets:

Assets = $380,000

Reason for Selling:

Personal Reasons.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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