Southern Maine Fireplace, Stove, and Insert Business

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Retail Businesses for Sale

This business was founded in 2006 by the current owners. The company operates as a Subchapter S corporation and is looking to transfer the business as an asset sale. They transform or update rooms new or old, with new, efficient gas, pellet, or wood fireplaces, inserts, or stoves. Over the years, this business has grown into an extremely strong and profitable business. The company prides itself on offering a well-trained team of technicians, selling, installing, and servicing many major brands.
The company stocks all the necessary parts to service and clean the products that they sell. They also sell pellets and accessories such as ash vacuums, pipe brushes, cleaning supplies.
Due to seasonality trends in this business, an owner is fortunate to be able to take more time off to enjoy beautiful Maine summers when business demands are less intense. When the cold weather descends on New England in the fall, as the weather worsens and spending more time indoors becomes the norm, business ramps up and continues at a livelier pace until late spring.

Financial Information

  • $995,000 Asking Price
  • $528,009 Cash Flow
  • $1,187,345 Gross Revenue
  • Negotiable Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: Maine

Financing Comments

  • Seller may be willing to offer minimal owner financing to qualified buyers depending upon the strength and the terms of the deal.

Detailed information

  • Year Established: 2006
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 5
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Inventory Value: $225,000
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: $321,400

Market Outlook/Competition

  • This company feels that their products and service compare extremely favorably to their competition, the closest of which is over 25 miles away. Satisfied customers create an extremely strong repeat following complemented by word-of-mouth referrals which keep this business a step ahead of their competition.
Business Listed by
image of Jay Polimeno
Jay Polimeno
Sunbelt of New Hampshire
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