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Fireplace & Stove Retail Business For Sale
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $718000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The owner will provide necessary training.
Reason for Sale Retirement
Description ** UNDER AGREEMENT **
A profitable retail business in the Boston MetroWest area is for sale. This is an exceptional opportunity for an owner working as an owner/operator to step into a turnkey operation.
The company offers exclusive lines of heating stoves, fireplaces and accessories manufactured by top name firms. Fireplace choices include wood, gas and electric while heating stoves are pellet, wood or gas. Custom made mantels, inserts, glass doors, toolsets, andirons and grates round out the accessory line.
From the beginning the company has been committed to selling energy conservation, and every product offered has been examined to ensure that it is energy efficient and capable of meeting New England's unique heating needs. They also offer part replacement for many wood stoves that are no longer being manufactured. The company has built its reputation by providing quality products and excellent customer service. In addition to the storefront traffic, they receive a steady stream of leads from the manufactures for which they carry exclusive lines.
The business has been operating at the same location for three decades and is an established fixture in the community. It is ideally situated in a 2500 square foot facility located near an interstate in the midst of affluent neighborhoods. Plenty of off-street parking is available.
The business has shown a steady growth in sales in spite of economic conditions and even though they spend less than 3% of gross revenues on advertising. In addition to walk-in traffic at the retail location, they receive leads from the manufacturers as a part of their exclusive contracts.
This sale price includes all equipment, customer list, and goodwill. Inventory is additional. It is normally about $50,000, but grows to $100,000 during the busy
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