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Fireplace, Gas BBQ Retail Store +Wholesale

Greater Providence, Rhode Island (Providence County)

Retail - Home Furniture & Furnishings | Wholesale/Dist. - Durable Goods

Asking Price Not Disclosed Inventory $600,000** 
Gross Income $2,000,000 Real Estate  
Cash Flow Not Disclosed Year Established 1977
FF&E $50,000* Employees 4-6

* included in the asking price

** not included in the asking price

This landmark family owned business sells fireplaces, mantles, gas logs, wood burning stoves, fireplace accessories, and also has a comprehensive barbecue center! It is the exclusive dealer in the area or state for many of its product lines. Best of all, the well trained staff are experts at helping customers get exactly the right product that meets their needs; plus they service everything that they sell. The company has a large wholesale presence. Many of the areas home builders rely on this company to provide them with the fireplaces that they are installing in the new new homes that they build or remodel. They could go anywhere-and they go to the best. Several of the current employees have a contractors license, but the new owner should be a contractor or plan on becoming licensed within a reasonable period of time. Growth opportunities abound. Because the owner is near retirement, he has not engaged an outside sales person to work with real estate developers. A new owner should. Also, because there is so much land available at the site, summer products should be brought on: sheds, hammocks, porch furniture. With the high cost of heating oil, people are looking to cut down on their heating oil bills by adding wood burning stoves, pellet stoves, and gas fireplaces. The future has never looked brighter! Call Vicki Donlan at 781-749-8004 or vdonlan@vrbaystate.com

Facilities: This first rate showroom and warehouse is located on a main route and has been at this location for 14 years. The showroom is 5000 square feet which allows for an unparalleled display of merchandise. It also has a front counter area and a private office. The warehouse is 7500 square feet . If the owner wishes, the purchaser can buy the real estate at the market rate, rather than lease it.

Competition: An almost recession proof business! In good times people build and remodel houses that feature beautiful fireplaces and high-end outdoor kitchens that need barbecue grills. In tougher times, people add pellet and wood burning stoves and gas fireplaces to ease their home heating bills.

Growth/Expansion: A new owner could be open on Sundays, hire a salesperson, add seasonal merchandise.

Support/Training: Up to 30 days as needed for a successful transition.

Reason Selling: Retirement after 30 years.

Business For Sale By

Vicki Donlan

781-749-8004

VR Business Brokers

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