A 27-year-old fireplace and accessories shop, nestled in the Appalachian Mountains, is up for grabs. This is a solid business in a growing market with untapped potential. Here’s why this deal caught my attention:
The market: Home heating & outdoor living The target: Fireplace & accessories retailer The plan: Modernize and expand services
Let’s break it down:
This shop has been serving homeowners since 1997, offering fireplaces, stoves, grills, and Viking appliances.
With two locations and word-of-mouth growth, they’ve built a strong reputation.
Financials are solid:
📊 3-Year Avg Revenue: $2.5M
📊 3-Year Avg Earnings: $413K
📊 Asking Price: $1.3M
But here’s where it gets exciting:
The home heating market is expected to grow significantly in the next decade, driven by second-home buyers and an aging population. People want heating solutions that are both functional and aesthetic.
Think about it:
- Customers need these products (heat is essential, not optional).
- The average order value for fireplaces ranges from $7K to $12K.
So why hasn’t someone scaled this already?
Because the business is underutilized. They do minimal advertising (just $400/month on radio) and don’t leverage their CRM or online marketing. That’s a massive opportunity for growth.
Here’s what I’d do:
1. Expand Services: Add chimney sweeping, more installation teams, and home consultations.
2. Activate CRM: Their customer database is dormant. A re-engagement campaign could unlock recurring revenue.
3. Go Digital: Reopen the online store and invest in targeted ads for second-home buyers and retirees.
What’s even more appealing?
This business is SBA-loan eligible and comes with $770K in inventory and assets included in the deal. A new owner could step in with minimal upfront investment and still scale operations.
This deal is a no-brainer for someone looking to modernize a proven business in a resilient market.
Like this opportunity? Comment “heating” below to get this deal and others like it!