Fireplace, Patio, Barbecue, And Stove Retailer
| Gross Revenue: | $4,200,000 |
| Established Year: | 1980 |
| EBITDA: | $1,590,000 |
Well-Established Business in a Large Market, With High-Specialized and Well-Trai
Benefiting from the best of wholesale and retail markets, this fireplace hearth haven, nestled in a vibrant Southwest city, has mastered the art of blending tradition with innovation. With a robust four-decade legacy and a surge in growth under its current ownership, it presents an enticing opportunity for savvy investors seeking a business ready to flourish.
The fireplace hearth industry is an especially potent industry. It involves mid- to high-market products with an ongoing service component. It attracts both retail customers looking to upgrade their properties as well as wholesale buyers who want to add fireplaces to boost the sale price of new homes. Fireplace hearth technology has evolved dramatically over the years, with new fire display formats and safety protocols improving their safety and ease-of-use. This company’s product lines are also far cleaner both for the home and the environment than the products they replace.
“Having a good reputation in this business particularly is important because you're dealing with fire in somebody's home. You have to install the product correctly based on manufacturer specifications, and we take that very seriously. It could lead to catastrophic issues if done wrong. We're very big on training our employees with that in mind.” -Owner
This retailer capitalized on the industry dynamics and coupled them with a well-trained staff and an effective sales strategy. The more than 13,000 square foot facility features a modern, up-to-date showroom and ample storage spaces. The result is a leadership position, and a reputation that extends across their region. In particular, a focus on retail buyers under their current management has increased profit margins significantly, built long-lasting partnerships in their community, and allowed for the emergence of an extremely durable business.
As the owner looks to embark on a new venture, the stage is set for a seamless transition. The well-prepared staff ensures continuity, making it a strong prospect for investors seeking a stable and expandable enterprise. For those with a keen eye for opportunity, this isn't just a purchase; it's a strategic move into a well-established realm with boundless growth potential.
For more information, including full financials, video Q&A with the owner, SWOT analysis and more, please visit the Business Website below and select "Get Private Access" to sign an electronic NDA and unlock the private details.
