Very Profitable Stove and Fireplace Store

Auburn, ME
Androscoggin County


Asking Price: Annual Revenue:
$1,782,000 $1,372,867

Retail: Home Furniture & Furnishings


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RE: Very Profitable Stove and Fireplace Store Broker: Daniel Baber

Quick Facts

Asking Price: $1,782,000
Annual Revenue: $1,372,867
Net Profit: Not Disclosed
Cash Flow: $203,501
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 31962496
Broker Reference #: 49532-343440

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Business Overview:

Here is your chance to own The Hearth Dr located in Auburn and Topsham, Maine serving customers in Southern & Central Maine for over two decades. Competitive pricing and excellent customer service have made them one of the top-rated companies in the area. This business comes with 6K sqft of commercial retail space in Auburn offering you an incredible opportunity to acquire a semi-turn-key profitable business with real estate in a growing market.

As the sharp increase in oil prices continues to create uncertainty around the globe, it also creates opportunity. Here in Maine, we are heavily reliant on home heating oil and consumers are looking for other options. With state and federal incentives and tax credits available to most, a business providing heating systems that utilize wood, natural gas/propane, wood pellets, and other alternative sources will see a huge increase in demand for their products and services. This remarkable listing is YOUR opportunity to not only financially benefit from the growth in this industry, but also encourage energy independence here in Maine. Don't miss your chance to get in on this incredible opportunity

An efficiently run business with room for additional expansion, this sale includes the Auburn real estate, FF&E, inventory, and the name of the business.

The professional and experienced staff is second to none and their expertise would allow for a smooth transition, as the owners have done an excellent job of creating a business that does not rely on them to be profitable, enabling a new owner would be able to develop an understanding of operations right away while business continues as usual.

The product lines and inventory carried are the best in the industry and as population growth in Maine continues to be driven by people from more temperate climates, demand for these products will only continue to grow.

Owners wish to retire but are willing to remain in a consultative role for a new owner who may have questions. Continue the amazing legacy of this incredible business. Call now, this listing will not remain for long.

Retail storefront and warehouse, both in excellent condition

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is 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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