Stove and Fireplace Dealer in New York, NY

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Financial Details

Asking Price:
$590,000
Annual Revenue:
$842,756
Cash Flow / SDE:
$112,713
Profit Metric:
Discretionary Earnings
Valuation Multiple:
5.2x
Location:
New York, NY, US
Source:
Date:
September 15, 2025

Key Highlights

Established business with nearly 60 years of experience in fireplace and stove sales, distribution, maintenance, and repair.
Strong reputation and flexibility for expansion, with potential to significantly increase sales.
Home-based, owner-operated model with a relocatable aspect and a skilled team of employees and contractors.

Description

This is a well-established Stove & Fireplace Dealer located in the greater New York metropolitan area, specializing in the sale, distribution, maintenance, and repair of residential fireplaces and stoves, including pellet, wood, gas, and electric models. With nearly six decades of experience, the company has built a strong reputation and offers a flexible business model that is home-based and owner-operated, making it ideal for relocation post-acquisition. The business serves multiple counties and handles necessary permits for installations. It boasts high ratings and offers related items like gas logs and glass doors. The company has a skilled team of employees and independent contractors, ensuring continuity of operations. Growth potential is significant, with projections indicating sales well over $1M through strategic expansion, such as a showroom, aggressive advertising, and partnerships. Marketing relies on a strong referral base, an active website, social media engagement, and digital marketing. The listing includes equipment valued at $80,000 and inventory valued at $242,683. The asking price is $590,000 with $112,713 in Discretionary Earnings and $842,756 in Sales.

Industry Information

Industry Description:
Electronics and Appliance Stores
Classification:
Retail

Operational Snapshot

Year Established:
1965

Real Estate & Lease

Status:
Not_included

Assets & Inventory

FF&E Value:
$80,000 USD
Includes FF&E:
Yes
Inventory Value:
$242,683 USD
Includes Inventory:
Yes

Listing Details

Listing ID:
e30fbdd0-7283-4d56-a551-5f1fb080103e
Deal Status:
For Sale
Date Posted:
November 25, 2023
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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