Established Hearth Retail Business with Loyal Customer Base
Business Description
Established Hearth Retail Business with Loyal Customer Base
This well-established hearth and fireplace retail business presents a rare opportunity to acquire a profitable operation with nearly five decades of market presence in Concord, NH. Founded in 1976, this respected business has built a solid reputation serving the Merrimack County area with quality stoves, fireplace inserts, grills, and outdoor fire features.
Financial Performance:
- Annual Revenue: $1,200,000
- Cash Flow (SDE): $250,000
- Strong seasonal business model with consistent year-round sales
- Inventory valued at $650,000
Business Highlights:
- 48 years of continuous operation and established customer loyalty
- Prime 8,120 sq ft showroom location with lease through June 2028
- Minimal competition with only one other competitor in the market area
- Seasonal sales balance: heating products (fall/winter), outdoor products (spring/summer)
- Comprehensive product lines including stoves, fireplace inserts, grills, and outdoor fire pits
Growth Opportunities:
- Market expansion potential with new product lines available
- Untapped growth opportunities in the hearth industry
- Additional showroom space for product line extensions
- Established relationships with manufacturers and suppliers
Operational Advantages:
- Experienced staff willing to remain with new ownership
- Comprehensive training support from current owner and staff
- Additional training assistance available from manufacturer representatives
- Established vendor relationships and supply chain
- Turn-key operation ready for immediate ownership transition
Location & Lease:
- Strategic Concord, NH location serving Merrimack County
- $10,000 monthly lease rate
- Secure lease term extending to June 1, 2028
This is an exceptional opportunity to acquire a profitable, established business in a specialized retail niche. The current owners are relocating, creating this rare chance to purchase a business with strong fundamentals, loyal customer base, and significant growth potential. With the busy heating season approaching, timing is ideal for new ownership to capitalize on peak sales periods.
The hearth industry offers stable demand driven by both replacement needs and new construction. This business is well-positioned to serve both residential and commercial customers throughout central New Hampshire.
This well-established hearth and fireplace retail business presents a rare opportunity to acquire a profitable operation with nearly five decades of market presence in Concord, NH. Founded in 1976, this respected business has built a solid reputation serving the Merrimack County area with quality stoves, fireplace inserts, grills, and outdoor fire features.
Financial Performance:
- Annual Revenue: $1,200,000
- Cash Flow (SDE): $250,000
- Strong seasonal business model with consistent year-round sales
- Inventory valued at $650,000
Business Highlights:
- 48 years of continuous operation and established customer loyalty
- Prime 8,120 sq ft showroom location with lease through June 2028
- Minimal competition with only one other competitor in the market area
- Seasonal sales balance: heating products (fall/winter), outdoor products (spring/summer)
- Comprehensive product lines including stoves, fireplace inserts, grills, and outdoor fire pits
Growth Opportunities:
- Market expansion potential with new product lines available
- Untapped growth opportunities in the hearth industry
- Additional showroom space for product line extensions
- Established relationships with manufacturers and suppliers
Operational Advantages:
- Experienced staff willing to remain with new ownership
- Comprehensive training support from current owner and staff
- Additional training assistance available from manufacturer representatives
- Established vendor relationships and supply chain
- Turn-key operation ready for immediate ownership transition
Location & Lease:
- Strategic Concord, NH location serving Merrimack County
- $10,000 monthly lease rate
- Secure lease term extending to June 1, 2028
This is an exceptional opportunity to acquire a profitable, established business in a specialized retail niche. The current owners are relocating, creating this rare chance to purchase a business with strong fundamentals, loyal customer base, and significant growth potential. With the busy heating season approaching, timing is ideal for new ownership to capitalize on peak sales periods.
The hearth industry offers stable demand driven by both replacement needs and new construction. This business is well-positioned to serve both residential and commercial customers throughout central New Hampshire.
About the Business
- Years in Operation
- 50
- Employees
- 1 Full-time
- Facilities & Assets
- Current showroom is a two-floor barn-style building, with several outbuildings for storage. the showroom is fully stocked with $250,000 worth of gas, wood, pelet, and electric appliances.
- Market Outlook / Competition
- The market is ripe for appliance sales. Stoves and fireplace inserts sell most during Fall and Winter months, while patio appliances such as grills and outdoor firepits sell mostly during the Spring and Summer months.
There is only one other competitor in the market area. - Opportunities for Growth
- The market for this industry is limitless! Room for growth and expansion with new lines and products available to add to the showroom
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,120
- Rent
- $10,000.00 per month
- Lease Expiration
- 6/1/2028
About the Sale
- Seller Motivation
- We are moving
- Transition Support
- Current owner and staff are willing to train as needed. Manufacturer reps and staff can also assist in training.
Listing Info
- ID
- 2526430
- Listing Views
- 15
Listing ID: 2526430 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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