Fireplace Business For Sale

  • Very profitable family-owned Fireplace Business established in Southwestern Ontario for more than 20 years.
  • Revenue of more than $1.0M and normalized discretionary earnings of $234K in YE Oct. 2022.
  • Seller expects discretionary earnings in YE 2023 to be in excess of $300K.
  • Company is retail oriented; and specializes in a niche market sector as a residential full service one-stop-shop fireplace retailer.
  • It offers a turn-key job, from product selection, delivery, installation up to aftersales support.
  • Most of the customers are located across Southwestern Ontario.
  • Company offers premium brands for which they have exclusivity within its territory.
  • A substantial number of customers are repeat clients, in addition to many referrals.
  • Provides great customer service to its clients and has received numerous 5-star ratings, testimonials and reviews.
  • Staff of 2 FT and 1 PT non-union employees.
  • Business has great potential to grow, by leveraging the current excellent reputation, and by adding new complimentary product lines.
  • Seller is planning to retire; however, is willing to stay for negotiable transition period as a consultant / SME (Subject Matter Expert).