1847 (EFSH) S-1 6 Oct 17 IPO registration Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2017
Document And Entity Information
Entity Registrant Name	1847 Holdings LLC
Entity Central Index Key	1,599,407
Document Type	S1
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Document Fiscal Year Focus	2,017

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash			$ 415
Accounts receivable			100,000
Inventory, net		369	369
Prepaid expenses and other assets
TOTAL CURRENT ASSETS		369	100,784
INVESTMENTS		6	6
TOTAL ASSETS		375	100,790
CURRENT LIABILITIES
Accounts payable and accrued expenses		561,378	402,681
Advances, related party		108,878	98,146
TOTAL LIABILITIES		670,256	500,827
SHAREHOLDERS' (DEFICIT)
Allocation shares, 1,000 shares issued and outstanding		1,000	1,000
Common Shares, 500,000,000 shares authorized, 3,115,500 shares issued and outstanding as of June 30, 2017 and December 31, 2016		7	7
Additional Paid In Capital		14,999	14,999
Accumulated (Deficit)		(685,887)	(416,043)
TOTAL SHAREHOLDERS' (DEFICIT)		(669,881)	(400,037)
TOTAL LIABILITIES AND SHAREHOLDERS' (DEFICIT)		$ 375	$ 100,790
As Restated [Member]
Current Assets
Cash	$ 169,241
Accounts receivable	300,323
Inventory, net	562,101
Prepaid expenses and other assets	321,634
TOTAL CURRENT ASSETS	1,353,299
Fixed Assets, net of accumulated depreciation of $450,000 as of June 30, 2017	6,539,012
Financing costs, net of accumulated amortization	191,773
Other assets	85,697
INVESTMENTS
TOTAL ASSETS	8,169,781
CURRENT LIABILITIES
Accounts payable and accrued expenses	966,627
Advances, related party	112,646
Promissory note	1,025,000
Uncertain tax liability	130,000
Current deferred tax liability	91,000
Current portion of capital lease obligation	380,569
TOTAL CURRENT LIABILITIES	2,705,842
Vesting note payable	1,875,000
Non-current deferred tax liability	1,784,323
Capital lease obligation, net of current portion	2,809,915
TOTAL LIABILITIES	9,175,080
SHAREHOLDERS' (DEFICIT)
Allocation shares, 1,000 shares issued and outstanding	1,000
Common Shares, 500,000,000 shares authorized, 3,115,500 shares issued and outstanding as of June 30, 2017 and December 31, 2016	3,115
Additional Paid In Capital	11,891
Accumulated (Deficit)	(747,609)
TOTAL SHAREHOLDERS' (DEFICIT)	(731,603)
NONCONTROLLING INTERESTS	(273,696)
TOTAL EQUITY (DEFICIT)	(1,005,299)
TOTAL LIABILITIES AND SHAREHOLDERS' (DEFICIT)	$ 8,169,781

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Accumulated Depreciation
SHAREHOLDERS' (DEFICIT)
Allocation shares, issued	1,000	1,000	1,000
Allocation shares, outstanding	1,000	1,000	1,000
Common shares, authorized	500,000,000	500,000,000	500,000,000
Common shares, issued	3,115,500	77,887,500	77,887,500
Common shares, outstanding	3,115,500	77,887,500	77,887,500
As Restated [Member]
Current Assets
Accumulated Depreciation	$ 200,000
SHAREHOLDERS' (DEFICIT)
Allocation shares, issued	1,000
Allocation shares, outstanding	1,000
Common shares, authorized	500,000,000
Common shares, issued	3,115,500
Common shares, outstanding	3,115,500

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
REVENUES						$ 131,250
COST OF SALES
GROSS PROFIT
OPERATING EXPENSES
General and administrative expenses		44,614		83,959	107,031	137,470
Professional fees					162,813	205,103
TOTAL OPERATING EXPENSES		44,614		83,959	269,844	342,573
NET LOSS FROM OPERATIONS		(44,614)		(83,959)	(269,844)	(211,323)
OTHER INCOME (LOSS)
Financing costs
Interest expense
Gain on bargain purchase
TOTAL OTHER INCOME (LOSS)
NET INCOME (LOSS) BEFORE INCOME TAXES AND NON-CONTROLLING INTERESTS		(44,614)		(83,959)
PROVISION FOR INCOME TAXES (BENEFIT)
NET INCOME (LOSS)		(44,614)		(83,959)	$ (269,844)	$ (211,323)
Less net income (loss) attributable to non-controlling interests
NET INCOME (LOSS) ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS		$ (44,614)		$ (83,959)
Net Loss Per Share: Basic and diluted		$ (0.01)		$ (0.03)	$ 0	$ 0
Weighted-average number of common shares outstanding: Basic and diluted		3,115,500		3,115,500	77,887,500	77,887,500
As Restated [Member]
REVENUES	$ 1,788,106		$ 2,449,969
COST OF SALES	1,553,092		2,272,418
GROSS PROFIT	235,014		177,551
OPERATING EXPENSES
General and administrative expenses	660,919		804,404
Professional fees
TOTAL OPERATING EXPENSES	660,919		804,404
NET LOSS FROM OPERATIONS	(425,905)		(626,853)
OTHER INCOME (LOSS)
Financing costs	(10,430)		(14,474)
Interest expense	(172,518)		(227,679)
Gain on bargain purchase			274,281
TOTAL OTHER INCOME (LOSS)	(182,948)		32,128
NET INCOME (LOSS) BEFORE INCOME TAXES AND NON-CONTROLLING INTERESTS	(608,853)		(594,725)
PROVISION FOR INCOME TAXES (BENEFIT)	240,233		259,323
NET INCOME (LOSS)	(368,620)		(335,402)
Less net income (loss) attributable to non-controlling interests	(208,280)		(273,696)
NET INCOME (LOSS) ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS	$ (160,340)		$ (61,706)
Net Loss Per Share: Basic and diluted	$ (0.05)		$ (0.02)
Weighted-average number of common shares outstanding: Basic and diluted	3,115,500		3,115,500

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
OPERATING ACTIVITIES
NET INCOME (LOSS)		$ (83,959)	$ (269,844)	$ (211,323)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Gain on acquisition
Depreciation expense
Amortization of financing costs
Write-off of bad debts			(100,000)
Changes in operating assets and liabilities:
Increase accounts receivable				(37,500)
Decrease in inventory
Increase in prepaid expenses
Increase (decrease) in accounts payable and accrued expenses		77,063	158,686	194,095
Increase in uncertain tax position
Decrease in deferred tax liability and prepaid tax
Increase in other liabilitites
Net provided by (used in) operating activities		(6,896)	(11,158)	(54,728)
INVESTING ACTIVITIES
Cash acquired in acquisition
Purchase of equipment
Net cash provided by investing activities
FINANCING ACTIVITIES
Financings costs
Principal payments on capital lease obligation
Loans from (repayments to) related party		6,566
Proceeds (repayment) from bank overdraft			11	(446)
Loans from related party			10,732	55,589
Net cash provided by (used in) financing activities		6,566	10,743	55,143
NET INCREASE (DECREASE) IN CASH		(330)	(415)	415
CASH
Beginning of period		415	415
End of period		85		415
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest paid
Income taxes paid
As Restated [Member]
OPERATING ACTIVITIES
NET INCOME (LOSS)	(335,402)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Gain on acquisition	(274,281)
Depreciation expense	450,000
Amortization of financing costs	14,474
Changes in operating assets and liabilities:
Increase accounts receivable	(143,051)
Decrease in inventory	683,457
Increase in prepaid expenses	(218,592)
Increase (decrease) in accounts payable and accrued expenses	203,512
Increase in uncertain tax position	1,000
Decrease in deferred tax liability and prepaid tax	(260,323)
Increase in other liabilitites	(1,257)
Net provided by (used in) operating activities	119,537
INVESTING ACTIVITIES
Cash acquired in acquisition	338,411
Purchase of equipment	(89,012)
Net cash provided by investing activities	249,399
FINANCING ACTIVITIES
Financings costs	(153,947)
Principal payments on capital lease obligation	(49,516)
Loans from (repayments to) related party	3,768
Net cash provided by (used in) financing activities	(199,695)
NET INCREASE (DECREASE) IN CASH	169,241
CASH
Beginning of period
End of period	169,241
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest paid	109,483
Income taxes paid

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS DEFICIT - USD ($)	Common Stock	Allocation Shares	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning Balance, Shares at Dec. 31, 2014	77,887,500
Beginning Balance, Amount at Dec. 31, 2014	$ 7	$ 1,000	$ 14,999	$ (204,720)	$ (188,714)
Net loss				(211,323)	(211,323)
Ending Balance, Shares at Dec. 31, 2015	77,887,500
Ending Balance, Amount at Dec. 31, 2015	$ 7	1,000	14,999	(416,043)	(400,037)
Net loss				(269,844)	(269,844)
Ending Balance, Shares at Dec. 31, 2016	77,887,500
Ending Balance, Amount at Dec. 31, 2016	$ 7	$ 1,000	$ 14,999	$ (685,887)	$ (669,881)

ORGANIZATION AND NATURE OF BUSI

ORGANIZATION AND NATURE OF BUSINESS	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Notes to Financial Statements
NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS	1847 Holdings LLC (“1847,” “we,” “our” and “our company”) was formed under the laws of the State of Delaware on January 22, 2013. We are in the business of acquiring small to medium size businesses in a variety of different industries. To date, we have consummated three acquisitions. In September 2013, our wholly-owned subsidiary 1847 Management Services Inc. (“1847 Management”) acquired a 50% interest in each of two consulting firms previously controlled by our Chief Executive Officer, PPI Management Group, LLC and Christals Management, LLC. On March 3, 2017, our wholly-owned subsidiary 1847 Neese Inc. (“1847 Neese”) entered into a stock purchase agreement with Neese, Inc. (“Neese”), and Alan Neese and Katherine Neese, pursuant to which 1847 Neese acquired all of the issued and outstanding capital stock of Neese for an aggregate purchase price of: (i) $2,225,000 in cash (subject to certain adjustments); (ii) 450 shares of the common stock of 1847 Neese, constituting 45% of its capital stock; (iii) the issuance of a vesting promissory note in the principal amount of $1,875,000; and (iv) the issuance of a short-term promissory note in the principal amount of $1,025,000. The cash portion of the purchase price would have been adjusted upward if Neese’s final certified balance sheet, as of a date on or about the closing date, did not reflect a cash balance of at least $200,000. The cash balance on the closing date of March 3, 2017 amounted to approximately $338,000. The consolidated financial statements include the accounts of our company and its wholly-owned subsidiaries, 1847 Management and 1847 Neese. All significant intercompany balances and transactions have been eliminated in consolidation. Unaudited Interim Financial Statements The accompanying unaudited interim consolidated financial statements as of June 30, 2017, and for the three and six months ended June 30, 2017 and 2016 have been prepared in accordance with accounting principles generally accepted for interim financial statement presentation and in accordance with the instructions to Form 10-Q. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statement presentation. They should be read in conjunction with the Company’s annual report on Form 10-K for the year ended December 31, 2016. In the opinion of management, the financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to fairly present the financial position as of June 30, 2017 and the results of operations for the three and six months ended June 30, 2017 and 2016 and cash flows for the six months ended June 30, 2017 and 2016. The results of operations for the three and six months ended June 30, 2017 are not necessarily indicative of the results to be expected for the full year.	1847 Holdings LLC was formed under the laws of the State of Delaware on January 22, 2013. We are in the business of acquiring small to medium size businesses in a variety of different industries. To date, we have consummated one acquisition. Our wholly-owned subsidiary acquired a 50% interest in each two consulting firms previously controlled by our Chief Executive Officer. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, 1847 Management Services, Inc. All significant intercompany balances and transactions have been eliminated in consolidation.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Notes to Financial Statements
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Basis of Presentation The financial statements of our company have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and are presented in US dollars. Accounting Basis Our company uses the accrual basis of accounting and GAAP. Our company has adopted a calendar year end. Stock Splits On July 2, 2014, our company amended its operating agreement to increase our authorized common shares from 50,000,000 to 500,000,000 shares. On the same date, we also completed a forward stock split of our issued and outstanding common shares at a ratio of 75 for 1. As a result of this stock split, our issued and outstanding common shares were increased from 1,038,050 to 77,853,750 shares. On June 9, 2017, we completed a 1-for-25 reverse stock split of our outstanding common shares. As a result of this stock split, our issued and outstanding common shares decreased from 77,887,500 to 3,115,500 shares. Accordingly, all share and per share information has been restated to retroactively show the effect of this stock split. Cash and Cash Equivalents Our company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Reclassifications Certain Statements of Operations reclassifications have been made in the presentation of our prior financial statements and accompanying notes to conform to the presentation as of and for the three and six months ended June 30, 2017. Revenue Recognition Revenue will be recognized when it is realized or realizable and earned. Specifically, revenue will be recognized when all of the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) service has occurred, customer acceptance has been achieved; (3) our selling price to the buyer is fixed and determinable; and (4) collection is reasonably assured. Our company recognizes revenue when services have been provided and collection is reasonably assured. Inventory Inventory consists of finished product acquired for resale and is valued at the lower-of-cost-or-market with cost determined on a specific item basis. Property and Equipment Property and equipment is stated at cost. Depreciation of furniture, vehicles and equipment is calculated using the straight-line method over the estimated useful lives (three to ten years), and leasehold improvements are amortized on a straight-line basis over the shorter of their estimated useful lives or the lease term (which is three to five years). Long-Lived Assets Our company reviews its property and equipment and any identifiable intangibles for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The test for impairment is required to be performed by management at least annually. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted operating cash flow expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds the fair value of the asset. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. Fair Value of Financial Instruments Our financial instruments consist of cash and cash equivalents and amounts due to shareholders. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements. Income Taxes Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. Stock-Based Compensation Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, our company has not adopted a stock option plan and has not granted any stock options. Basic Income (Loss) Per Share Basic income (loss) per share is calculated by dividing our net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing our net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common share equivalents outstanding as of June 30, 2017. Comprehensive Income Our company has established standards for reporting and displaying comprehensive income, its components and accumulated balances. When applicable, our company would disclose this information on its Statement of Shareholders’ Equity. Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. Our company has not had any significant transactions that are required to be reported in other comprehensive income. Recent Accounting Pronouncements The Company has reviewed all other FASB issued ASU accounting pronouncements and interpretations thereof that have effective dates during the period reported and in future periods. The Company has carefully considered the new pronouncements that alter the previous GAAP and do not believe that any new or modified principles will have a material impact on the Company’s reported financial position or operations in the near term.	Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. Accounting Basis The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted a calendar year end. Stock Split On July 2, 2014, the Company amended the Operating Agreement of 1847 Holdings LLC to effect a stock split of its outstanding and authorized shares of common shares at a ratio of 75 for 1 (the “Stock Split”). As a result of the Stock Split, the Company’s authorized shares of common stock were increased from 50,000,000 to 500,000,000 shares. On July 2, 2014, the Company’s issued and outstanding shares of common stock were increased from 1,038,050 to 77,853,750 shares, all with a par value of $0.001. Accordingly, all share and per share information has been restated to retroactively show the effect of the Stock Split. Cash and Cash Equivalents The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents and amounts due to shareholder. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements. Income Taxes Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Revenue Recognition Revenue will be recognized when it is realized or realizable and earned. Specifically, revenue will be recognized when all of the following criteria are met: (1) Persuasive evidence of an arrangement exists; (2) Service has occurred, customer acceptance has been achieved; (3) Our selling price to the buyer is fixed and determinable; and (4) Collection is reasonably assured. The Company recognizes revenue when services have been provided and collection is reasonably assured. Stock-Based Compensation Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options. Basic Income (Loss) Per Share Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common share equivalents outstanding as of December 31, 2016. Comprehensive Income The Company has established standards for reporting and display of comprehensive income, its components and accumulated balances. When applicable, the Company would disclose this information on its Statement of Shareholders’ Equity. Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. The Company has not had any significant transactions that are required to be reported in other comprehensive income. Recent Accounting Pronouncements In February 2016, FASB issued ASU-2016-02, "Leases (Topic 842)." The guidance requires that a lessee recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right of use asset representing its right to use the underlying asset for the lease term. For finance leases: the right-of-use asset and a lease liability will be initially measured at the present value of the lease payments, in the statement of financial position; interest on the lease liability will be recognized separately from amortization of the right-of-use asset in the statement of comprehensive income; and repayments of the principal portion of the lease liability will be classified within financing activities and payments of interest on the lease liability and variable lease payments within operating activities in the statement of cash flows. For operating leases: the right-of-use asset and a lease liability will be initially measured at the present value of the lease payments, in the statement of financial position; a single lease cost will be recognized, calculated so that the cost of the lease is allocated over the lease term on a generally straight-line basis; and all cash payments will be classified within operating activities in the statement of cash flows. Under Topic 842 the accounting applied by a lessor is largely unchanged from that applied under previous GAAP. The amendments in Topic 842 are effective for the Company beginning January 1, 2019, including interim periods within that fiscal year. We are currently evaluating the impact of adopting the new guidance of the consolidated financial statements. In January 2016, the Financial Accounting Standards Board ("FASB"), issued Accounting Standards Update ("ASU") 2016-01, "Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities," which amends the guidance in U.S. generally accepted accounting principles on the classification and measurement of financial instruments. Changes to the current guidance primarily affect the accounting for equity investments, financial liabilities under the fair value option, and the presentation and disclosure requirements for financial instruments. In addition, the ASU clarifies guidance related to the valuation allowance assessment when recognizing deferred tax assets resulting from unrealized losses on available-for-sale debt securities. The new standard is effective for fiscal years and interim periods beginning after December 15, 2017, and are to be adopted by means of a cumulative-effect adjustment to the balance sheet at the beginning of the first reporting period in which the guidance is effective. Early adoption is not permitted except for the provision to record fair value changes for financial liabilities under the fair value option resulting from instrument-specific credit risk in other comprehensive income. The Company is currently evaluating the impact of adopting this standard. In November 2015, the FASB issued ASU 2015-17, "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes," which simplifies the presentation of deferred income taxes by requiring that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. This ASU is effective for financial statements issued for annual periods beginning after December 16, 2016, and interim periods within those annual periods. The adoption of this standard will not have any impact on the Company's financial position, results of operations and disclosures. The FASB has issued ASU No. 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. ASU 2014-15 is intended to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and to provide related footnote disclosures. Under Generally Accepted Accounting Principles (GAAP), financial statements are prepared under the presumption that the reporting organization will continue to operate as a going concern, except in limited circumstances. Financial reporting under this presumption is commonly referred to as the going concern basis of accounting. The going concern basis of accounting is critical to financial reporting because it established the fundamental basis for measuring and classifying assets and liabilities. Currently, GAAP lacks guidance about management’s responsibility to evaluate whether there is substantial doubt the organization’s ability to continue as a going concern or to provide footnote disclosures. The ASU provides guidance to an organization’s management, with principles and definition that are intended to reduce diversity in the timing and content of disclosures that are commonly provided by organizations today in the financial statement footnotes. The amendments in this update are effective for the annual period ending after December 31, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company has the adopted the methodologies prescribed by this ASU by the date required and there is no material impact on the Company’s consolidated financial statements.

RESTATEMENT OF FINANCIAL STATEM

RESTATEMENT OF FINANCIAL STATEMENT	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
NOTE 3 - RESTATEMENT OF FINANCIAL STATEMENT	We have restated our previously issued consolidated financial statements as of and for the three and six months ended June 30, 2017 to reflect the modification of uncertain tax positions and deferred tax liability for the following: (1) The Company determined the bargain purchase gain recorded upon the acquisition of Neese on March 3, 2017 excluded prepaid taxes of $103,000, deferred taxes liabilities of $2,161,646 and an uncertain tax liability of $129,000. The gain on bargain purchase was reduced by $2,161,646 from the statement of operations in the period ending June 30, 2017 and prepaid tax was increased by $103,000, the current deferred tax liability increased $91,000 and uncertain tax liability of $129,000 and non-current deferred tax liability increased $2,044,646. (2) The Company adjusted the impact on the tax expense (benefit) and prepaid taxes and tax liabilities for the three and six months ending June 30, 2017. The uncertain tax liability increased $1,000 and non-current deferred tax liability decreased $260,323 resulting in a tax benefit of $240,233 and $259,323 for the three and six months ending June 30, 2017, respectively. Furthermore, the loss attributable to non-controlling interest was decreased by $108,105 and $116,695 for the three and six months ending June 30, 2017, respectively. The following tables summarize the effect of the restatement on the specific items presented in our historical consolidated financial statements included in our previously reported on the June 30, 2017 financial statements: 1847 HOLDINGS LLC CONDENSED CONSOLIDATED BALANCE SHEETS June 30, 2017 Adjustment June 30, 2017 (As Filed) (As Restated) ASSETS Current Assets Cash $ 169,241 $ - $ 169,241 Accounts receivable, net 300,323 - 300,323 Inventory, net 562,101 - 562,101 Prepaid expenses and other assets 218,634 (1) 103,000 321,634 TOTAL CURRENT ASSETS 1,250,299 103,000 1,353,299 Fixed assets, net of accumulated depreciation of $450,000 as of June 30, 2017 6,539,012 - 6,539,012 Financing costs, net of accumulated amortization 191,773 - 191,773 Other assets 85,697 - 85,697 TOTAL ASSETS $ 8,066,781 $ 103,000 $ 8,169,781 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable and accrued liabilities 966,627 - 966,627 Advances related party 112,646 - 112,646 Promissory note 1,025,000 - 1,025,000 Uncertain tax liability - (1) 129,000 130,000 (2) 1,000 Deferred income taxes payable (1) 91,000 91,000 Current portion of lease obligations 380,569 - 380,569 TOTAL CURRENT LIABILITIES 2,484,842 221,000 2,705,842 LONG-TERM LIABILITIES Vesting note payable 1,875,000 - 1,875,000 Deferred tax payable - (1) 2,044,646 1,784,323 (2) (260,323 ) Capital lease obligation, net of current portion 2,809,915 2,809,915 TOTAL LONG-TERM LIABILITIES 4,684,915 1,784,323 6,469,238 TOTAL LIABILITIES 7,169,757 2,005,323 9,175,080 STOCKHOLDERS’ EQUITY Allocation shares 1,000 - 1,000 Common Stock, $0.0001 par value: 500,000,000 Authorized shares: 3,115,500 issued and outstanding shares as of June 30, 2017 and December 31, 2016 3,115 - 3,115 Additional paid in capital 11,891 11,891 Accumulated Equity (Deficit) 1,271,409 (1) (2,161,646 ) (747,609 ) (2) 142,628 TOTAL SHAREHOLDERS’ EQUITY 1,287,415 (2,019,018 ) (731,603 ) NONCONTROLLING INTERESTS (390,391 )(2) 116,695 (273,696 ) TOTAL EQUITY 897,024 (1,902,323 ) (1,005,299 ) TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 8,066,781 $ 103,000 $ 8,169,781 1847 HOLDINGS LLC CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS For the three months ended June 30, 2017 As Filed Adjustment As Restated REVENUES $ 1,788,106 - $ 1,788,106 COST OF SALES 1,553,092 - 1,553,092 GROSS PROFIT 235,014 - 235,014 General and administrative expenses 660,919 - 660,919 TOTAL OPERATING EXPENSES 660,919 - 660,919 NET LOSS FROM OPERATIONS (425,905 ) - (425,905 ) OTHER INCOME/(EXPENSE) Financing costs (10,430 ) - (10,430 ) Interest expense (172,518 ) - (172,518 ) Gain on bargain purchase - - - TOTAL OTHER INCOME (EXPENSE) (182,948 ) - (182,948 ) NET LOSS BEFORE INCOME TAXES (608,853 ) - (608,853 ) INCOME TAX EXPENSE - (2) (240,233 ) (240,233 ) NET LOSS (608,853 ) (240,233 ) (368,620 ) Less net income (loss) attributable to non-controlling interest (316,385 )(2) 108,105 (208,280 ) NET INCOME (LOSS) ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS $ (292,468 ) $ (132,128 ) $ (160,340 ) Basic & Diluted earnings per share $ (0.09 ) $ (0.05 ) Weighted average basis & diluted shares outstanding 3,115,500 3,115,500 1847 HOLDINGS LLC CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS For the six months ended June 30, 2017 As Filed Adjustment As Restated SALES $ 2,449,969 - $ 2,449,969 COST OF SALES 2,272,418 - 2,272,418 GROSS PROFIT 177,551 - 177,551 GENERAL & ADMINISTRATIVE EXPENSES General and administrative expenses 804,404 - 804,404 TOTAL GENERAL & ADMINISTRATIVE EXPENSES 804,404 - 804,404 NET LOSS FROM OPERATIONS (626,853 ) - (626,853 ) OTHER INCOME/(EXPENSE) Financing costs (14,474 ) - (14,474 ) Interest expense (227,679 ) - (227,679 ) Gain on bargain purchase 2,435,927 (1) (2,161,646 ) 274,281 TOTAL OTHER INCOME (EXPENSE) 2,193,774 (2,161,646 ) 32,128 NET LOSS BEFORE INCOME TAXES 1,566,921 (2,161,646 ) (594,725 ) INCOME TAX EXPENSE - (2) (259,323 ) (259,323 ) NET INCOME (LOSS) 1,566,921 (1,902,323 ) (335,402 ) Less net income (loss) attributable to non-controlling interest (390,391 )(2) 116,695 (273,696 ) NET LOSS & COMPREHENSIVE INCOME $ 1,957,312 $ (2,019,018 ) $ (61,706 ) Basic & Diluted earnings per share $ 0.63 $ (0.02 ) Weighted average basis & diluted shares outstanding 3,115,500 3,115,500 1847 HOLDINGS LLC CONSOLIDATED STATEMENTS OF CASH FLOWS For the six months ended June 30, 2017 As Filed Adjustments As Restated OPERATING ACTIVITIES Net loss $ 1,566,921 $ (1,902,323 ) $ (335,402 ) Adjustments to reconcile net income to net cash provided by operating activities: Gain on acquisition (2,435,927 )(1) 2,161,646 (274,281 ) Depreciation expense 450,000 - 450,000 Amortization of financing costs 14,474 - 14,474 Changes in operating assets and liabilities: Increase in accounts receivable (143,051 ) - (143,051 ) Decrease in inventory 683,457 683,457 Increase in prepaid expenses (218,592 ) - (218,592 ) Increase (decrease) in accounts payable and accrued expenses 203,512 - 203,512 Increase in other liabilities (1,257 ) - (1,257 ) Increase in uncertain tax position - (2) 1,000 1,000 Decrease in deferred tax liability - (2) (260,323 ) (260,323 ) Net cash provided by (used in) operating activities 119,537 - 119,537 INVESTING ACTIVITIES Cash acquired in acquisition 338,411 - 338,411 Purchase of equipment (89,012 ) - (89,012 ) Net cash provided by financing activities 249,399 - 249,399 FINANCING ACTIVITIES Financing costs (153,947 ) - (153,947 ) Principal payments on capital lease obligations (49,516 ) - (49,516 ) Loans from (repayments to) related parties 3,768 - 3,768 Net cash provided by financing activities (199,695 ) - (199,695 ) NET INCREASE (DECREASE) IN CASH 169,241 - 169,241 CASH Beginning of year - - - End of year $ 169,241 $ - $ 169,241 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Interest paid 109,483 - 109,483 Income tax paid - - -

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2016
Going Concern
NOTE 3 - GOING CONCERN	The accompanying consolidated financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate continuation of the Company as a going concern. The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
NOTE 4 - INVENTORIES	At June 30, 2017 and December 31, 2016 the inventory balances are composed of: 2017 2016 Machinery & Equipment $ 464,646 $ - Parts 97,455 - $ 562,101 $ -

INVESTMENTS

INVESTMENTS	12 Months Ended
	Dec. 31, 2016
Investments
NOTE 4 - INVESTMENTS	On September 15, 2013, 1847 Management Services, Inc., the Company's wholly owned subsidiary, acquired a 50% interest in each of PPI Management Group, LLC and Christals Management LLC from our Chief Executive Officer and controlling shareholder, Ellery W. Roberts. In connection with the acquisition of such equity interests from Mr. Roberts, we issued to Mr. Roberts 65,625,000 of our common shares pursuant to a securities purchase agreement.

ACQUISITION

ACQUISITION	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
NOTE 5 - ACQUISITION	On March 3, 2017, our wholly-owned subsidiary 1847 Neese entered into a stock purchase agreement with Neese, and Alan Neese and Katherine Neese, pursuant to which 1847 Neese acquired all of the issued and outstanding capital stock of Neese, for an aggregate purchase price of: (i) $2,225,000 in cash (subject to certain adjustments); (ii) 450 shares of the common stock of 1847 Neese, constituting 45% of its capital stock; (iii) the issuance of a vesting promissory note in the principal amount of $1,875,000; and (iv) the issuance of a short-term promissory note in the principal amount of $1,025,000. The cash portion of the purchase price would have been adjusted upward if Neese’s final certified balance sheet, as of a date on or about the closing date, did not reflect a cash balance of at least $200,000. The cash balance on the closing date of March 3, 2017 amounted to approximately $338,000. The provisional fair value of the purchase consideration issued to the sellers of Neese was allocated to the net tangible assets acquired. We accounted for the acquisition of Neese as the purchase of a business under GAAP under the acquisition method of accounting, the assets and liabilities acquired were recorded as of the acquisition date, at their respective fair values and consolidated with those of our company. The fair value of the net assets acquired was approximately $8,575,000. The excess of the aggregate fair value of the net tangible assets has been treated as a gain on bargain purchase in accordance with ASC 805. The purchase price allocation was based, in part, on management’s knowledge of Neese’s business and is preliminary. Once we complete our analysis to finalize the purchase price allocation, which includes finalizing the valuation report from a third-party appraiser and a review of potential intangible assets, it is reasonably possible that, there could be significant changes to the preliminary values below. Provisional Purchase Consideration Amount of consideration: $ 6,140,000 Assets acquired and liabilities assumed at preliminary fair value Cash $ 338,000 Accounts receivable 157,000 Prepaid taxes 103,000 Inventories 1,246,000 Financing costs 52,000 Property and equipment 6,900,000 Other assets 85,000 Accounts payable and accrued expenses (175,000 ) Uncertain tax position (129,000 ) Deferred tax liability (2,135,000 ) Other liabilities (28,000 ) Net tangible assets acquired $ 6,414,000 Identifiable intangible assets Intangible assets * $ - Total Identifiable Intangible Assets $ - Total net assets acquired $ 6,414,000 Consideration paid 6,140,000 Preliminary gain on bargain purchase $ 274,000 *We are reviewing for potential intangible assets, which may potentially change the intangible assets. The following presents the unaudited pro-forma combined results of operations of our company with Neese as if the entities were combined on January 1, 2016. For the Six Months Ended June 30, 2017 2016 Revenues, net $ 3,615,000 $ 3,915,000 Net income (loss) allocable to common shareholders $ (293,000 ) $ 490,000 Net income (loss) per share $ (0.09 ) $ 0.16 Weighted average number of shares outstanding 3,115,500 3,115,500 The unaudited pro-forma results of operations are presented for information purposes only. The unaudited pro-forma results of operations are not intended to present actual results that would have been attained had the acquisitions been completed as of January 1, 2016 or to project potential operating results as of any future date or for any future periods. The estimated useful life remaining on the property and equipment acquired is 1 to 10 years.

PROMISSORY NOTES

PROMISSORY NOTES	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
NOTE 6 - PROMISSORY NOTES	Vesting Promissory Note As noted above, a portion of the purchase price for the acquisition of Neese was paid by the issuance of a vesting promissory note in the principal amount of $1,875,000 by 1847 Neese and Neese to the sellers of Neese. Payment of the principal and accrued interest on the vesting promissory note is subject to vesting and a contingent consideration subject to fair market valuation adjustment at each reporting period. The vesting promissory note bears interest on the vested portion of the principal amount at the rate of eight percent (8%) per annum and is due and payable in full on June 30, 2020 (the “Maturity Date”). The principal of the vesting promissory note vests in accordance with the following formula: · Fiscal Year 2017: If Adjusted EBITDA for the fiscal year ending December 31, 2017, exceeds an Adjusted EBITDA target of $1,300,000 (the “Adjusted EBITDA Target”), then a portion of the principal amount of the vesting promissory note that is equal to sixty percent (60%) of such excess shall vest. Interest shall be payable on such vested portion of principal from January 1, 2017 through the Maturity Date. · Fiscal Year 2018: If Adjusted EBITDA for the fiscal year ending December 31, 2018, exceeds the Adjusted EBITDA Target, then a portion of the principal amount of the vesting promissory note that is equal to sixty percent (60%) of such excess shall vest. Interest shall be payable on such vested portion of principal from January 1, 2018 through the Maturity Date. · Fiscal Year 2019: If Adjusted EBITDA for the fiscal year ending December 31, 2019, exceeds the Adjusted EBITDA Target, then a portion of the principal amount of the vesting promissory note that is equal to sixty percent (60%) of such excess shall vest. Interest shall be payable on such vested portion of principal from January 1, 2019 through the Maturity Date. For purposes of the vesting promissory note, “Adjusted EBITDA” means the earnings before interest, taxes, depreciation and amortization expenses, in accordance with GAAP applied on a basis consistent with the accounting policies, practices and procedures used to prepare the financial statements of Neese as of the closing date, plus to the extent deducted in calculating such net income: (i) all expenses related to the transactions contemplated hereby and/or potential or completed future financings or acquisitions, including legal, accounting, due diligence and investment banking fees and expenses; (ii) all management fees, allocations or corporate overhead (including executive compensation) or other administrative costs that arise from the ownership of Neese by 1847 Neese including allocations of supervisory, centralized or other parent-level expense items; (iii) one-time extraordinary expenses or losses; and (iv) any reserves or adjustments to reserves which are not consistent with GAAP. Additionally, for purposes of calculating Adjusted EBITDA, the purchase and sales prices of goods and services sold by or purchased by Neese to or from 1847 Neese, its subsidiaries or affiliates shall be adjusted to reflect the amounts that Neese would have realized or paid if dealing with an independent third-party in an arm’s-length commercial transaction, and inventory items shall be properly categorized as such and shall not be expenses until such inventory is sold or consumed. The vesting promissory note contains customary events of default, including in the event of: (i) non-payment; (ii) a default by 1847 Neese or Neese of any of their covenants under the stock purchase agreement, the vesting promissory note, or any other agreement entered into in connection with the stock purchase agreement, or a breach of any of their representations or warranties under such documents; or (iii) the bankruptcy of 1847 Neese or Neese. Short-Term Promissory Note As noted above, a portion of the purchase price for the acquisition of Neese was paid by the issuance of a short-term promissory note in the principal amount of $1,025,000 by 1847 Neese and Neese to the sellers of Neese. The short-term promissory note bears interest on the outstanding principal amount at the rate of ten percent (10%) per annum and is due and payable in full on March 3, 2018; provided, however, that the unpaid principal, and all accrued, but unpaid, interest thereon shall be prepaid if at any time, and from time to time, the cash on hand of 1847 Neese and Neese exceeds $250,000 and, then, the prepayment shall be equal to the amount of cash in excess of $200,000 until the unpaid principal and accrued, but unpaid, interest thereon is fully prepaid. The short-term promissory note contains the same events of default as the vesting promissory note.

CAPITALIZED LEASES

CAPITALIZED LEASES	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
NOTE 7 - CAPITALIZED LEASES	Master Lease Agreement The cash portion of the purchase price for the acquisition of Neese was financed under a capital lease transaction for Neese’s equipment with Utica Leaseco, LLC (the “Lessor”), pursuant to a master lease agreement, dated March 3, 2017, between Utica, as lessor, and 1847 Neese and Neese, as co-lessees (collectively, the “Lessee”). Under the master lease agreement, the Lessor loaned an aggregate of $3,240,000 for certain of Neese’s equipment listed therein (the “Equipment”), which it leases to the Lessee. The initial term of the master lease agreement was for 51 months. Under the master lease agreement, the Lessee agreed to pay a monthly rent of $53,000 for the first three (3) months, with such amount increasing to $85,321.63 for the remaining forty-eight (48) months. On June 14, 2017, the parties entered into a first amendment to lease documents, pursuant to which the parties agreed to, among other things, extend the term of the master lease agreement from 51 months to 57 months and amend the payments due thereunder. Under the amendment, the Lessee agreed to pay a monthly rent of $53,000 for the first ten (10) months, with such amount increasing to $85,321.63 for the remaining forty-seven (47) months, for a new aggregate loan amount of $4,540,116.61. In connection with the extension of the term of the master lease agreement, the parties also amended the schedule of stipulated loss values and early termination payment schedule attached thereto. In connection with the amendment, the Lessee agreed to pay the Lessor an amendment fee of $2,500. If any rent is not received by the Lessor within five (5) calendar days of the due date, the Lessee shall pay a late charge equal to ten (10%) percent of the amount. In addition, in the event that any payment is not processed or is returned on the basis of insufficient funds, upon demand, the Lessee shall pay the Lessor a charge equal to five percent (5%) of the amount of such payment. The Lessee is also required to pay an annual administration fee of $3,000. Upon the expiration of the term of the master lease agreement, the Lessee is required to pay, together with all other amounts then due and payable under the master lease agreement, in cash, an end of term buyout price equal to the lesser of: (a) $162,000 (five percent (5%) of the Total Invoice Cost (as defined in the master lease agreement)); or (b) the fair market value of the Equipment, as determined by the Lessor. Provided that no default under the master lease agreement has occurred and is continuing beyond any applicable grace or cure period, the Lessee has an early buy-out option with respect to all but not less than all of the Equipment, upon the payment of any outstanding rental payments or other fees then due, plus an additional amount set forth in the master lease agreement, which represents the anticipated fair market value of the Equipment as of the anticipated end date of the master lease agreement. In addition, the Lessee shall pay to the Lessor an administrative charge to be determined by the Lessor to cover its time and expenses incurred in connection with the exercise of the option to purchase, including, but not limited to, reasonable attorney fees and costs. Furthermore, upon the exercise by the Lessee of this option to purchase the Equipment, the Lessee shall pay all sales and transfer taxes and all fees payable to any governmental authority as a result of the transfer of title of the Equipment to Lessee. In connection with the master lease agreement, the Lessee granted a security interest on all of its right, title and interest in and to: (i) the Equipment, together with all related software (embedded therein or otherwise) and general intangibles, all additions, attachments, accessories and accessions thereto whether or not furnished by the supplier; (ii) all accounts, chattel paper, deposit accounts, documents, other equipment, general intangibles, instruments, inventory, investment property, letter of credit rights and any supporting obligations related to any of the foregoing; (iii) all books and records pertaining to the foregoing; (iv) all property of such Lessee held by the Lessor, including all property of every description, in the custody of or in transit to the Lessor for any purpose, including safekeeping, collection or pledge, for the account of such Lessee or as to which such Lessee may have any right or power, including but not limited to cash; and (v) to the extent not otherwise included, all insurance, substitutions, replacements, exchanges, accessions, proceeds and products of the foregoing. The assets and liabilities under the master lease agreement are recorded at the lower of the present value of the minimum lease payments or the fair value of the assets. The assets, with costs of approximately $6.9 million as of June 30, 2017, net of accumulated amortization of approximately $.5 million as of June 30, 2017. Amortization of assets under capital leases is included in depreciation expense. At June 30, 2017, annual minimum future lease payments under this capital lease are as follows: For the year ending December 31, Amount 2017 (remainder of the year) $ 318,000 2018 991,537 2019 1,023,860 2020 1,023,860 2021 1,023,860 Total minimum lease payments 4,381,117 Less amount representing interest 1,190,633 Present value of minimum lease payments 3,190,484 Less current portion of minimum lease 380,569 Long-term present value of minimum lease payment $ 2,809,915 The interest rate on the capitalized lease is approximately 13.4% and is imputed based on the lower of our incremental borrowings rate at the inception of each lease or the lessor’s implicit rate of return.

RELATED PARTIES

RELATED PARTIES	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Notes to Financial Statements
NOTE 8 - RELATED PARTIES	Management Services Agreement On April 15, 2013, our company and 1847 Partners LLC (“our manager”), entered into a management services agreement, pursuant to which we are required to pay our manager a quarterly management fee equal to 0.5% (2.0% annualized) of our adjusted net assets for services performed. On September 15, 2013, the parties entered into an amendment to the management services agreement that provides that in lieu of paying a quarterly management fee under the management services agreement based upon the adjusted net assets of our management consulting business, we will pay our manager a flat quarterly fee equal to $43,750. This amendment only applies to our management consulting business and will not apply to any businesses that we acquire in the future. As of October 1, 2015, our manager agreed to suspend the flat quarterly management fee in the management consulting business due to the uncertainty of the underlying management services. In the year ended December 31, 2016, we determined the outstanding receivables are not likely to be collected and consequently wrote-off the balance of $100,000 to bad debt expense. Offsetting Management Services Agreement - 1847 Neese On March 3, 2017, 1847 Neese entered into an offsetting management services agreement with our manager. Pursuant to the offsetting management services agreement, 1847 Neese appointed our manager to provide certain services to it for a quarterly management fee equal to $62,500 per quarter; provided, however, that: (i) pro rated payments shall be made in the first quarter and the last quarter of the term; (ii) if the aggregate amount of management fees paid or to be paid by 1847 Neese, together with all other management fees paid or to be paid by all other subsidiaries of our company to our manager, in each case, with respect to any fiscal year exceeds, or is expected to exceed, 9.5% of our gross income with respect to such fiscal year, then the management fee to be paid by 1847 Neese for any remaining fiscal quarters in such fiscal year shall be reduced, on a pro rata basis determined by reference to the management fees to be paid to our manager by all of the subsidiaries of our company, until the aggregate amount of the management fee paid or to be paid by 1847 Neese, together with all other management fees paid or to be paid by all other subsidiaries of our company to our manager, in each case, with respect to such fiscal year, does not exceed 9.5% of our gross income with respect to such fiscal year; and (iii) if the aggregate amount of the management fee paid or to be paid by 1847 Neese, together with all other management fees paid or to be paid by all other subsidiaries of our company to our manager, in each case, with respect to any fiscal quarter exceeds, or is expected to exceed, the aggregate amount of the management fee (before any adjustment thereto) calculated and payable under the management services agreement (the “Parent Management Fee”) with respect to such fiscal quarter, then the management fee to be paid by 1847 Neese for such fiscal quarter shall be reduced, on a pro rata basis, until the aggregate amount of the management fee paid or to be paid by 1847 Neese, together with all other management fees paid or to be paid by all other subsidiaries of our company to our manager, in each case, with respect to such fiscal quarter, does not exceed the Parent Management Fee calculated and payable with respect to such fiscal quarter. 1847 Neese shall also reimburse our manager for all costs and expenses of 1847 Neese which are specifically approved by the board of directors of 1847 Neese, including all out-of-pocket costs and expenses, that are actually incurred by our manager or its affiliates on behalf of 1847 Neese in connection with performing services under the offsetting management services agreement. The services provided by our manager include: conducting general and administrative supervision and oversight of 1847 Neese’s day-to-day business and operations, including, but not limited to, recruiting and hiring of personnel, administration of personnel and personnel benefits, development of administrative policies and procedures, establishment and management of banking services, managing and arranging for the maintaining of liability insurance, arranging for equipment rental, maintenance of all necessary permits and licenses, acquisition of any additional licenses and permits that become necessary, participation in risk management policies and procedures; and overseeing and consulting with respect to 1847 Neese’s business and operational strategies, the implementation of such strategies and the evaluation of such strategies, including, but not limited to, strategies with respect to capital expenditure and expansion programs, acquisitions or dispositions and product or service lines. Advances From time to time, our company has received advances from certain of its officers and related parties to meet short-term working capital needs. As of June 30, 2017 and December 31, 2016, a total of $112,646 and $108,878 advances from related parties are outstanding. These advances are unsecured, bear no interest, and do not have formal repayment terms or arrangements.	Management Services Agreement The company and our manager have entered into a management services agreement on April 15, 2013, pursuant to which we are required to pay our manager a quarterly management fee equal to 0.5% (2.0% annualized) of our company’s adjusted net assets for services performed. On September 15, 2013, we entered into an amendment to our management services agreement that provides that in lieu of paying a quarterly management fee under the management services agreement based upon the adjusted net assets of our management consulting business, we will pay our manager a flat quarterly fee equal to $43,750. This amendment only applies to our management consulting business and will not apply to any businesses that we acquire in the future. As of October 1, 2015, the manager agreed to suspend the flat quarterly management fee in the management consulting business due to the uncertainty of the underlying management services. In the year ended December 31, 2016, the Company determined the outstanding receivables are not likely to be collected and consequently wrote-off the balance of $100,000 to bad debt expense. Advances From time to time, the Company has received advances from certain of its officers and related parties to meet short-term working capital needs. For the years ended December 31, 2016 and 2015, a total of $108,878, and $98,146 advances from related parties is outstanding, respectively. These advances are unsecured, bear no interest, and do not have formal repayment terms or arrangements.

EQUITY

EQUITY	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Notes to Financial Statements
NOTE 9 - EQUITY	Allocation shares As of June 30, 2017 and December 31, 2016, we had authorized and outstanding 1,000 allocation shares. These allocation shares do not entitle the holder thereof to vote on any matter relating to our company other than in connection with amendments to our operating agreement and in connection with certain other corporate transactions as specified in our operating agreement. Our manager owns 100% of the allocation shares of our company, which are a separate class of limited liability company interests that, together with the common shares, will comprise all of the classes of equity interests of our company. Our manager received the allocation shares with its initial capitalization of our company. The allocation shares generally will entitle our manager to receive a twenty percent (20%) profit allocation as a form of incentive designed to align the interests of our manager with those of our shareholders. Profit allocation has two components: an equity-based component and a distribution-based component. The equity-based component will be paid when the market for our shares appreciates, subject to certain conditions and adjustments. The distribution-based component will be paid when the distributions we pay to our shareholders exceed an annual hurdle rate of eight percent (8.0%), subject to certain conditions and adjustments. While the equity-based component and distribution-based component are interrelated in certain respects, each component may independently result in a payment of profit allocation if the relevant conditions to payment are satisfied. The 1,000 allocation shares are issued and outstanding and held by our manager, which is controlled by Mr. Roberts, our Chief Executive Officer and controlling shareholder. Common shares We have authorized 500,000,000 common shares as of June 30, 2017 and December 31, 2016 and we had 3,115,500 common shares issued and outstanding. The common shares entitle the holder thereof to one vote per share on all matters coming before the shareholders of our company for a vote. During the period ended June 30, 2017, we did not issue any equity securities. Noncontrolling Interests Our company owns 55.0% of 1847 Neese. For financial interests in which our company owns a controlling financial interest, our company applies the provisions of ASC 810, which are applicable to reporting the equity and net income or loss attributable to noncontrolling interests. The results of 1847 Neese are included in the consolidated statement of income. The net loss attributable to the 45% non-controlling interest of the subsidiary amount to $390,391 for the period March 3, 2017 through June 30, 2017.	Allocation shares As of December 31, 2016 and 2015, the Company had authorized and outstanding 1,000 allocation shares. These Allocation Shares do not entitle the holder thereof to vote on any matter relating to the Company other than in connection with amendments to the Company’s operating agreement and in connection with certain other corporate transactions as specified in the Company’s operating agreement. Our manager owns 100% of the allocation shares of our company, which are a separate class of limited liability company interests that, together with the common shares, will comprise all of the classes of equity interests of our company. Our manager received the allocation shares with its initial capitalization of our company. The allocation shares generally will entitle our manager to receive a 20% profit allocation as a form of incentive designed to align the interests of our manager with those of our shareholders. Profit allocation has two components: an equity-based component and a distribution-based component. The equity-based component will be paid when the market for our shares appreciates, subject to certain conditions and adjustments. The distribution-based component will be paid when the distributions we pay to our shareholders exceed an annual hurdle rate of 8.0%, subject to certain conditions and adjustments. While the equity-based component and distribution-based component are interrelated in certain respects, each component may independently result in a payment of profit allocation if the relevant conditions to payment are satisfied. The 1,000 allocation shares are issued and outstanding and held by our manager, which is controlled by Mr. Roberts, our chief executive officer and controlling shareholder. Common shares The Company has authorized 500,000,000 common shares as of December 31, 2016 and 2015 and the Company had 77,887,500 common shares issued and outstanding. The common shares entitle the holder thereof to one vote per share on all matters coming before the shareholders of our company for a vote. There were no equity transactions during the years ended December 31, 2016 and 2015.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Notes to Financial Statements
NOTE 10 - COMMITMENTS AND CONTINGENCIES	Agreement of Lease - Related Party On March 3, 2017, Neese entered into an agreement of lease with K&A Holdings, LLC, a limited liability company that is wholly-owned by the sellers of Neese. The agreement of lease is for a term of ten (10) years and provides for a base rent of $8,333 per month. In the event of late payment, interest shall accrue on the unpaid amount at the rate of eighteen percent (18%) per annum. The agreement of lease contains customary events of default, including if Neese shall fail to pay rent within five (5) days after the due date, or if Neese shall fail to perform any other terms, covenants or conditions under the agreement of lease, and other customary representations, warranties and covenants. Future minimum lease payments are approximately as follows: Year Ending December 31, Operating Leases 2017 $ 75,000 2018 100,000 2019 100,000 2020 100,000 2021 100,000 thereafter 525,000 Total minimum lease payments $ 1,000,000 Corporate office An office space has been leased on a month-by-month basis. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future.	The Company neither owns nor leases any real or personal property. An office space has been leased on a month by month basis. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2016
Income Taxes
NOTE 8 - INCOME TAXES	As of December 31, 2016 and 2015, the Company had net operating loss carry forwards of approximately $685,887 and $416,043, respectively, that may be available to reduce future years’ taxable income in varying amounts through 2034. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards. The provision for Federal income tax consists of the following: December 31, 2016 December 31, 2015 Federal income tax benefit attributable to: Current Operations $ 106,440 $ 83,356 Less: valuation allowance (106,440 ) (83,356 ) Net provision for Federal income taxes $ - $ - The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows: December 31, 2016 December 31, 2015 Deferred tax asset attributable to: Net operating loss carryover $ 270,583 $ 164,129 Less: valuation allowance (270,583 ) (164,129 ) Net deferred tax asset $ - $ - Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur net operating loss carry forwards may be limited as to use in future years.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Notes to Financial Statements
NOTE 11 - SUBSEQUENT EVENTS	In accordance with SFAS 165 (ASC 855-10), our company has analyzed its operations subsequent to June 30, 2017 to the date these financial statements were issued, and has determined that, except as set forth below, it does not have any material subsequent events to disclose in these financial statements. Stock Purchase Agreement – 1847 Fitness On July 7, 2017, 1847 Fitness, Inc. (“1847 Fitness”), a newly-formed subsidiary of our company, entered into a stock purchase agreement with Central Florida Health Clubs, LLC d/b/a Gold’s Gym Orlando, a Florida limited liability company, CLFL, LLC d/b/a Gold’s Gym Clermont, a Florida limited liability company, MTDR LLC d/b/a Gold’s Gym Mt. Dora, a Florida limited liability company, SCFL, LLC d/b/a Gold’s Gym St. Cloud, a Florida limited liability company (collectively, the “Companies”), and the sellers set forth in Exhibit A to the a stock purchase agreement, pursuant to which 1847 Fitness will acquire all of the issued and outstanding equity interests in the Companies for an aggregate purchase price of: (i) $14,000,000 in cash (subject to adjustment as described below); (ii) the Gross-Up Amount (as defined below); (iii) 135 shares of the common stock, $0.001 par value, of 1847 Fitness (the “Shares”), constituting 13.5% of the capital stock of 1847 Fitness; and (iv) the issuance of promissory notes in the aggregate principal amount of $1,000,000, in the form and upon such terms as are mutually agreed upon by the parties before the closing date. The “Gross-Up Amount” means the amount the cash portion of the purchase price will be increased, up to a maximum of $238,000, if, subsequent to the date of the stock purchase agreement and prior to the closing date, any seller who receives Shares determines that he or it will incur a federal tax liability resulting from the receipt of Shares as a portion of the purchase price. The cash portion of the purchase price is subject to a post-closing working capital adjustment provision. Under this provision, the cash portion of the purchase price will be adjusted upward if the working capital reflected in the final certified balance sheet of the Companies as of a date on or about the closing date exceeds the working capital reflected in the preliminary balance sheet of the Companies. The cash portion of the purchase price will be adjusted downward if the working capital reflected in the final certified balance sheet of the Companies as of a date on or about the closing date is less than the working capital reflected in the preliminary balance sheet of the Companies. In each case, the working capital adjustment will be calculated in accordance with the working capital details specified in the stock purchase agreement. The stock purchase agreement contains customary representations, warranties and covenants, including a covenant that the sellers will not compete with the business of Companies for a period of three (3) years following closing. The stock purchase agreement also contains mutual indemnification for breaches of representations or warranties and failure to perform covenants or obligations contained in the stock purchase agreement. In the case of the indemnification provided by the sellers with respect to breaches of certain non-fundamental representations and warranties, the sellers will only become liable for indemnified losses if the amount exceeds $150,000, whereupon they will be liable for all losses relating back to the first dollar. Furthermore, the liability of the sellers for breaches of certain non-fundamental representations and warranties shall not exceed the purchase price payable under the stock purchase agreement. The closing of the stock purchase agreement is subject to customary closing conditions, including, without limitation: (1) the completion of business, accounting and legal due diligence investigations; the receipt of all authorizations, consents and approvals of all governmental authorities or agencies; (2) the receipt of any required consents of any third parties; the release of any security interests; and (3) delivery of all documents required for the transfer of shares of the Companies to 1847 Fitness. Stock Purchase Agreement – 1847 Wood On July 17, 2017, 1847 Wood, Inc., or 1847 Wood, a newly-formed subsidiary of our company, entered into a stock purchase agreement with Wood Air Conditioning, Inc., or WAC, a Texas corporation, and To The Top, Inc., a Texas corporation, pursuant to which 1847 Wood agreed to acquire all of the issued and outstanding equity interests in WAC for an aggregate purchase price of $6,532,140 consisting of: (i) $5,250,000 in cash (subject to adjustment as described below); and (ii) the issuance of a promissory note in the aggregate principal amount of $1,282,140, in the form and upon such terms as are mutually agreed upon by the parties before the closing date. The purchase price is subject to a post-closing working capital adjustment provision. Under this provision, the cash portion of the purchase price will be adjusted upward if the working capital reflected in the final certified balance sheet of WAC as of closing date prepared by 1847 Wood exceeds the working capital reflected in the preliminary balance sheet of WAC that that was prepared by the Seller. If the working capital reflected in the final certified balance sheet of WAC as of the closing date is less than the working capital reflected in the preliminary balance sheet of WAC, the promissory note will be offset by such excess amount. If WAC’s earnings before (i) interest expense, (ii) tax expense, (iii) depreciation and amortization expense, and (iv) stock based compensation expense for the full twelve calendar months immediately prior to the closing is equal to or greater than $1,224,776, or equal to or less than $2,041,294, there will be no adjustment to the purchase price. If such amount is determined to be less than $1,224,776, then 1847 Wood may terminate the stock purchase agreement, and if such amount is determined to be greater than $2,041,294, then the Seller may terminate the stock purchase agreement, in each case by written notice within 10 days after such determination. The stock purchase agreement contains customary representations, warranties and covenants, including a covenant that the Seller will not compete with the business WAC for a period beginning on the closing date and ending upon the earlier to occur of (i) three years, and (ii) the date of the 1847 Wood’s monetary default under the promissory note (after the expiration of any notice and cure period). The stock purchase agreement also contains mutual indemnification for breaches of representations or warranties and failure to perform covenants or obligations contained in the stock purchase agreement. In the case of the indemnification provided by the Seller with respect to breaches of certain non-fundamental representations and warranties, the Seller will only become liable for indemnified losses if the amount exceeds $100,000, provided, however, that any losses payable by the Seller to 1847 Wood shall first be offset against the promissory note prior to the Seller having any obligation to make any payments to 1847 Wood. Furthermore, the liability of the Seller for breaches of certain non-fundamental representations and warranties shall not exceed the purchase price payable under the stock purchase agreement. The closing of the stock purchase agreement will be subject to customary closing conditions, including, without limitation, the completion of business, accounting and legal due diligence investigations; 1847 Wood obtaining the financing it requires to complete the acquisition, the receipt of all authorizations, consents and approvals of all governmental authorities or agencies; the receipt of any required consents of any third parties; the release of any security interests; and delivery of all documents required for the transfer of shares of WAC to 1847 Wood.	In accordance with SFAS 165 (ASC 855-10) the Company has analyzed its operations subsequent to December 31, 2016 to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements other than those specified below. Stock Purchase Agreement On March 3, 2017, our wholly-owned subsidiary 1847 Neese Inc., or 1847 Neese entered into a stock purchase agreement with Neese, and Alan Neese and Katherine Neese, pursuant to which 1847 Neese acquired all of the issued and outstanding capital stock of Neese, which we refer to as the Neese acquisition, for an aggregate purchase price of (i) $2,225,000 in cash (subject to certain adjustments), (ii) 450 shares of the common stock of 1847 Neese, constituting 45% of its capital stock, which we refer to as the purchase price shares, (iii) the issuance of a vesting promissory note in the principal amount of $1,875,000, and (iv) the issuance of a short term promissory note in the principal amount of $1,025,000. The cash portion of the purchase price will be adjusted upward if Neese’s final certified balance sheet, as of a date on or about the closing date does not reflect a cash balance of at least $200,000. In the event of such a deficiency, the sellers are required to pay 1847 Neese an amount in cash equal to the deficiency.

SUMMARY OF SIGNIFICANT ACCOUN21

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Summary Of Significant Accounting Policies Policies
Basis of Presentation	The financial statements of our company have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and are presented in US dollars.	The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.
Accounting Basis	Our company uses the accrual basis of accounting and GAAP. Our company has adopted a calendar year end.	The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted a calendar year end.
Stock Split	On July 2, 2014, our company amended its operating agreement to increase our authorized common shares from 50,000,000 to 500,000,000 shares. On the same date, we also completed a forward stock split of our issued and outstanding common shares at a ratio of 75 for 1. As a result of this stock split, our issued and outstanding common shares were increased from 1,038,050 to 77,853,750 shares. On June 9, 2017, we completed a 1-for-25 reverse stock split of our outstanding common shares. As a result of this stock split, our issued and outstanding common shares decreased from 77,887,500 to 3,115,500 shares. Accordingly, all share and per share information has been restated to retroactively show the effect of this stock split.	On July 2, 2014, the Company amended the Operating Agreement of 1847 Holdings LLC to effect a stock split of its outstanding and authorized shares of common shares at a ratio of 75 for 1 (the “Stock Split”). As a result of the Stock Split, the Company’s authorized shares of common stock were increased from 50,000,000 to 500,000,000 shares. On July 2, 2014, the Company’s issued and outstanding shares of common stock were increased from 1,038,050 to 77,853,750 shares, all with a par value of $0.001. Accordingly, all share and per share information has been restated to retroactively show the effect of the Stock Split.
Cash and Cash Equivalents	Our company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents.	The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Reclassifications	Certain Statements of Operations reclassifications have been made in the presentation of our prior financial statements and accompanying notes to conform to the presentation as of and for the three and six months ended June 30, 2017.
Revenue Recognition	Revenue will be recognized when it is realized or realizable and earned. Specifically, revenue will be recognized when all of the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) service has occurred, customer acceptance has been achieved; (3) our selling price to the buyer is fixed and determinable; and (4) collection is reasonably assured. Our company recognizes revenue when services have been provided and collection is reasonably assured.	Revenue will be recognized when it is realized or realizable and earned. Specifically, revenue will be recognized when all of the following criteria are met: (1) Persuasive evidence of an arrangement exists; (2) Service has occurred, customer acceptance has been achieved; (3) Our selling price to the buyer is fixed and determinable; and (4) Collection is reasonably assured. The Company recognizes revenue when services have been provided and collection is reasonably assured.
Inventory	Inventory consists of finished product acquired for resale and is valued at the lower-of-cost-or-market with cost determined on a specific item basis.
Property and Equipment	Property and equipment is stated at cost. Depreciation of furniture, vehicles and equipment is calculated using the straight-line method over the estimated useful lives (three to ten years), and leasehold improvements are amortized on a straight-line basis over the shorter of their estimated useful lives or the lease term (which is three to five years).
Long-Lived Assets	Our company reviews its property and equipment and any identifiable intangibles for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The test for impairment is required to be performed by management at least annually. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted operating cash flow expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds the fair value of the asset. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell.
Fair Value of Financial Instruments	Our financial instruments consist of cash and cash equivalents and amounts due to shareholders. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.	The Company’s financial instruments consist of cash and cash equivalents and amounts due to shareholder. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.
Income Taxes	Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.	Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.
Stock-Based Compensation	Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, our company has not adopted a stock option plan and has not granted any stock options.	Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.
Basic Income (Loss) Per Share	Basic income (loss) per share is calculated by dividing our net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing our net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common share equivalents outstanding as of June 30, 2017.	Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common share equivalents outstanding as of December 31, 2016.
Comprehensive Income	Our company has established standards for reporting and displaying comprehensive income, its components and accumulated balances. When applicable, our company would disclose this information on its Statement of Shareholders’ Equity. Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. Our company has not had any significant transactions that are required to be reported in other comprehensive income.	The Company has established standards for reporting and display of comprehensive income, its components and accumulated balances. When applicable, the Company would disclose this information on its Statement of Shareholders’ Equity. Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. The Company has not had any significant transactions that are required to be reported in other comprehensive income.
Recent Accounting Pronouncements	The Company has reviewed all other FASB issued ASU accounting pronouncements and interpretations thereof that have effective dates during the period reported and in future periods. The Company has carefully considered the new pronouncements that alter the previous GAAP and do not believe that any new or modified principles will have a material impact on the Company’s reported financial position or operations in the near term.	In February 2016, FASB issued ASU-2016-02, "Leases (Topic 842)." The guidance requires that a lessee recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right of use asset representing its right to use the underlying asset for the lease term. For finance leases: the right-of-use asset and a lease liability will be initially measured at the present value of the lease payments, in the statement of financial position; interest on the lease liability will be recognized separately from amortization of the right-of-use asset in the statement of comprehensive income; and repayments of the principal portion of the lease liability will be classified within financing activities and payments of interest on the lease liability and variable lease payments within operating activities in the statement of cash flows. For operating leases: the right-of-use asset and a lease liability will be initially measured at the present value of the lease payments, in the statement of financial position; a single lease cost will be recognized, calculated so that the cost of the lease is allocated over the lease term on a generally straight-line basis; and all cash payments will be classified within operating activities in the statement of cash flows. Under Topic 842 the accounting applied by a lessor is largely unchanged from that applied under previous GAAP. The amendments in Topic 842 are effective for the Company beginning January 1, 2019, including interim periods within that fiscal year. We are currently evaluating the impact of adopting the new guidance of the consolidated financial statements. In January 2016, the Financial Accounting Standards Board ("FASB"), issued Accounting Standards Update ("ASU") 2016-01, "Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities," which amends the guidance in U.S. generally accepted accounting principles on the classification and measurement of financial instruments. Changes to the current guidance primarily affect the accounting for equity investments, financial liabilities under the fair value option, and the presentation and disclosure requirements for financial instruments. In addition, the ASU clarifies guidance related to the valuation allowance assessment when recognizing deferred tax assets resulting from unrealized losses on available-for-sale debt securities. The new standard is effective for fiscal years and interim periods beginning after December 15, 2017, and are to be adopted by means of a cumulative-effect adjustment to the balance sheet at the beginning of the first reporting period in which the guidance is effective. Early adoption is not permitted except for the provision to record fair value changes for financial liabilities under the fair value option resulting from instrument-specific credit risk in other comprehensive income. The Company is currently evaluating the impact of adopting this standard. In November 2015, the FASB issued ASU 2015-17, "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes," which simplifies the presentation of deferred income taxes by requiring that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. This ASU is effective for financial statements issued for annual periods beginning after December 16, 2016, and interim periods within those annual periods. The adoption of this standard will not have any impact on the Company's financial position, results of operations and disclosures. The FASB has issued ASU No. 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. ASU 2014-15 is intended to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and to provide related footnote disclosures. Under Generally Accepted Accounting Principles (GAAP), financial statements are prepared under the presumption that the reporting organization will continue to operate as a going concern, except in limited circumstances. Financial reporting under this presumption is commonly referred to as the going concern basis of accounting. The going concern basis of accounting is critical to financial reporting because it established the fundamental basis for measuring and classifying assets and liabilities. Currently, GAAP lacks guidance about management’s responsibility to evaluate whether there is substantial doubt the organization’s ability to continue as a going concern or to provide footnote disclosures. The ASU provides guidance to an organization’s management, with principles and definition that are intended to reduce diversity in the timing and content of disclosures that are commonly provided by organizations today in the financial statement footnotes. The amendments in this update are effective for the annual period ending after December 31, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company has the adopted the methodologies prescribed by this ASU by the date required and there is no material impact on the Company’s consolidated financial statements.

RESTATEMENT OF FINANCIAL STAT22

RESTATEMENT OF FINANCIAL STATEMENT (Tables)	6 Months Ended
	Jun. 30, 2017
Restatement Of Financial Statement Tables
CONDENSED CONSOLIDATED BALANCE SHEETS	June 30, 2017 Adjustment June 30, 2017 (As Filed) (As Restated) ASSETS Current Assets Cash $ 169,241 $ - $ 169,241 Accounts receivable, net 300,323 - 300,323 Inventory, net 562,101 - 562,101 Prepaid expenses and other assets 218,634 (1) 103,000 321,634 TOTAL CURRENT ASSETS 1,250,299 103,000 1,353,299 Fixed assets, net of accumulated depreciation of $450,000 as of June 30, 2017 6,539,012 - 6,539,012 Financing costs, net of accumulated amortization 191,773 - 191,773 Other assets 85,697 - 85,697 TOTAL ASSETS $ 8,066,781 $ 103,000 $ 8,169,781 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable and accrued liabilities 966,627 - 966,627 Advances related party 112,646 - 112,646 Promissory note 1,025,000 - 1,025,000 Uncertain tax liability - (1) 129,000 130,000 (2) 1,000 Deferred income taxes payable (1) 91,000 91,000 Current portion of lease obligations 380,569 - 380,569 TOTAL CURRENT LIABILITIES 2,484,842 221,000 2,705,842 LONG-TERM LIABILITIES Vesting note payable 1,875,000 - 1,875,000 Deferred tax payable - (1) 2,044,646 1,784,323 (2) (260,323 ) Capital lease obligation, net of current portion 2,809,915 2,809,915 TOTAL LONG-TERM LIABILITIES 4,684,915 1,784,323 6,469,238 TOTAL LIABILITIES 7,169,757 2,005,323 9,175,080 STOCKHOLDERS’ EQUITY Allocation shares 1,000 - 1,000 Common Stock, $0.0001 par value: 500,000,000 Authorized shares: 3,115,500 issued and outstanding shares as of June 30, 2017 and December 31, 2016 3,115 - 3,115 Additional paid in capital 11,891 11,891 Accumulated Equity (Deficit) 1,271,409 (1) (2,161,646 ) (747,609 ) (2) 142,628 TOTAL SHAREHOLDERS’ EQUITY 1,287,415 (2,019,018 ) (731,603 ) NONCONTROLLING INTERESTS (390,391 ) (2) 116,695 (273,696 ) TOTAL EQUITY 897,024 (1,902,323 ) (1,005,299 ) TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 8,066,781 $ 103,000 $ 8,169,781
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS	For the three months ended June 30, 2017 As Filed Adjustment As Restated REVENUES $ 1,788,106 - $ 1,788,106 COST OF SALES 1,553,092 - 1,553,092 GROSS PROFIT 235,014 - 235,014 General and administrative expenses 660,919 - 660,919 TOTAL OPERATING EXPENSES 660,919 - 660,919 NET LOSS FROM OPERATIONS (425,905 ) - (425,905 ) OTHER INCOME/(EXPENSE) Financing costs (10,430 ) - (10,430 ) Interest expense (172,518 ) - (172,518 ) Gain on bargain purchase - - - TOTAL OTHER INCOME (EXPENSE) (182,948 ) - (182,948 ) NET LOSS BEFORE INCOME TAXES (608,853 ) - (608,853 ) INCOME TAX EXPENSE - (2) (240,233 ) (240,233 ) NET LOSS (608,853 ) (240,233 ) (368,620 ) Less net income (loss) attributable to non-controlling interest (316,385 ) (2) 108,105 (208,280 ) NET INCOME (LOSS) ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS $ (292,468 ) $ (132,128 ) $ (160,340 ) Basic & Diluted earnings per share $ (0.09 ) $ (0.05 ) Weighted average basis & diluted shares outstanding 3,115,500 3,115,500
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS	For the six months ended June 30, 2017 As Filed Adjustment As Restated SALES $ 2,449,969 - $ 2,449,969 COST OF SALES 2,272,418 - 2,272,418 GROSS PROFIT 177,551 - 177,551 GENERAL & ADMINISTRATIVE EXPENSES General and administrative expenses 804,404 - 804,404 TOTAL GENERAL & ADMINISTRATIVE EXPENSES 804,404 - 804,404 NET LOSS FROM OPERATIONS (626,853 ) - (626,853 ) OTHER INCOME/(EXPENSE) Financing costs (14,474 ) - (14,474 ) Interest expense (227,679 ) - (227,679 ) Gain on bargain purchase 2,435,927 (1) (2,161,646 ) 274,281 TOTAL OTHER INCOME (EXPENSE) 2,193,774 (2,161,646 ) 32,128 NET LOSS BEFORE INCOME TAXES 1,566,921 (2,161,646 ) (594,725 ) INCOME TAX EXPENSE - (2) (259,323 ) (259,323 ) NET INCOME (LOSS) 1,566,921 (1,902,323 ) (335,402 ) Less net income (loss) attributable to non-controlling interest (390,391 ) (2) 116,695 (273,696 ) NET LOSS & COMPREHENSIVE INCOME $ 1,957,312 $ (2,019,018 ) $ (61,706 ) Basic & Diluted earnings per share $ 0.63 $ (0.02 ) Weighted average basis & diluted shares outstanding 3,115,500 3,115,500
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS	For the six months ended June 30, 2017 As Filed Adjustments As Restated OPERATING ACTIVITIES Net loss $ 1,566,921 $ (1,902,323 ) $ (335,402 ) Adjustments to reconcile net income to net cash provided by operating activities: Gain on acquisition (2,435,927 ) (1) 2,161,646 (274,281 ) Depreciation expense 450,000 - 450,000 Amortization of financing costs 14,474 - 14,474 Changes in operating assets and liabilities: Increase in accounts receivable (143,051 ) - (143,051 ) Decrease in inventory 683,457 683,457 Increase in prepaid expenses (218,592 ) - (218,592 ) Increase (decrease) in accounts payable and accrued expenses 203,512 - 203,512 Increase in other liabilities (1,257 ) - (1,257 ) Increase in uncertain tax position - (2) 1,000 1,000 Decrease in deferred tax liability - (2) (260,323 ) (260,323 ) Net cash provided by (used in) operating activities 119,537 - 119,537 INVESTING ACTIVITIES Cash acquired in acquisition 338,411 - 338,411 Purchase of equipment (89,012 ) - (89,012 ) Net cash provided by financing activities 249,399 - 249,399 FINANCING ACTIVITIES Financing costs (153,947 ) - (153,947 ) Principal payments on capital lease obligations (49,516 ) - (49,516 ) Loans from (repayments to) related parties 3,768 - 3,768 Net cash provided by financing activities (199,695 ) - (199,695 ) NET INCREASE (DECREASE) IN CASH 169,241 - 169,241 CASH Beginning of year - - - End of year $ 169,241 $ - $ 169,241 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Interest paid 109,483 - 109,483 Income tax paid - - -

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2017
Inventories Tables
Schedule of Inventory	2017 2016 Machinery & Equipment $ 464,646 $ - Parts 97,455 - $ 562,101 $ -

ACQUISITION (Tables)

ACQUISITION (Tables)	6 Months Ended
	Jun. 30, 2017
Acquisition Tables
Schedule of Business Acquisitions by Acquisition, Contingent Consideration	Provisional Purchase Consideration Amount of consideration: $ 6,140,000 Assets acquired and liabilities assumed at preliminary fair value Cash $ 338,000 Accounts receivable 157,000 Prepaid taxes 103,000 Inventories 1,246,000 Financing costs 52,000 Property and equipment 6,900,000 Other assets 85,000 Accounts payable and accrued expenses (175,000 ) Uncertain tax position (129,000 ) Deferred tax liability (2,135,000 ) Other liabilities (28,000 ) Net tangible assets acquired $ 6,414,000 Identifiable intangible assets Intangible assets * $ - Total Identifiable Intangible Assets $ - Total net assets acquired $ 6,414,000 Consideration paid 6,140,000 Preliminary gain on bargain purchase $ 274,000
Business acquisition pro forma information	For the Six Months Ended June 30, 2017 2016 Revenues, net $ 3,615,000 $ 3,915,000 Net income (loss) allocable to common shareholders $ (293,000 ) $ 490,000 Net income (loss) per share $ (0.09 ) $ 0.16 Weighted average number of shares outstanding 3,115,500 3,115,500

CAPITALIZED LEASES (Tables)

CAPITALIZED LEASES (Tables)	6 Months Ended
	Jun. 30, 2017
Capitalized Leases Tables
Schedule of Future Minimum Lease Payments for Capital Leases	For the year ending December 31, Amount 2017 (remainder of the year) $ 318,000 2018 991,537 2019 1,023,860 2020 1,023,860 2021 1,023,860 Total minimum lease payments 4,381,117 Less amount representing interest 1,190,633 Present value of minimum lease payments 3,190,484 Less current portion of minimum lease 380,569 Long-term present value of minimum lease payment $ 2,809,915

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2017
Commitments And Contingencies Tables
Schedule of Future Minimum Rental Payments for Operating Leases	Year Ending December 31, Operating Leases 2017 $ 75,000 2018 100,000 2019 100,000 2020 100,000 2021 100,000 thereafter 525,000 Total minimum lease payments $ 1,000,000

ORGANIZATION AND NATURE OF BU27

ORGANIZATION AND NATURE OF BUSINESS (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended
	Sep. 15, 2013	Jun. 30, 2017
State of incorporation		Delaware
Date of Incorporation		Jan. 22, 2013
Minimum [Member]
Business acquisition cash balance		$ 200,000
1847 Neese Corporation [Member] | Neese Acquisition [Member]
Business acquisition purchase price		$ 2,225,000
Business acquisition equity interest issued or issuable		450 shares of the common stock of 1847 Neese, constituting 45% of its capital stock, which we refer to as the purchase price shares
Business acquisition vesting promissory note		$ 1,875,000
Business acquisition short term promissory note		1,025,000
Business acquisition cash balance		$ 338,000
PPI Management Group, LLC [Member]
Acquired interest in two consulting firms	50.00%
Christals Management LLC [Member]
Acquired interest in two consulting firms	50.00%

SUMMARY OF SIGNIFICANT ACCOUN28

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - $ / shares	Jun. 09, 2017	Jul. 02, 2014	Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Summary Of Significant Accounting Policies Details Narrative
Stock Split	1 for 25	75 for 1
Common shares, authorized		50,000,000	500,000,000	500,000,000	500,000,000
Common shares, issued	77,887,500	1,038,050	3,115,500	77,887,500	77,887,500
Common shares, outstanding	77,887,500	1,038,050	3,115,500	77,887,500	77,887,500
Common shares, par value		$ 0.001

RESTATEMENT OF FINANCIAL STAT29

RESTATEMENT OF FINANCIAL STATEMENT (Details) - USD ($)		Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash				$ 415
Accounts receivable, net				100,000
Inventory, net			369	369
Prepaid expenses and other assets
TOTAL CURRENT ASSETS			369	100,784
TOTAL ASSETS			375	100,790
CURRENT LIABILITIES
Accounts payable and accrued liabilities			561,378	402,681
Advances related party			108,878	98,146
LONG-TERM LIABILITIES
TOTAL LIABILITIES			670,256	500,827
STOCKHOLDERS’ EQUITY
Allocation shares			1,000	1,000
Common Stock, $0.0001 par value: 500,000,000 Authorized shares: 3,115,500 issued and outstanding shares as of June 30, 2017 and December 31, 2016			7	7
Additional paid in capital			14,999	14,999
Accumulated Equity (Deficit)			(685,887)	(416,043)
TOTAL SHAREHOLDERS’ EQUITY			(669,881)	(400,037)	$ (188,714)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY			$ 375	$ 100,790
As Filed [Member]
Current Assets
Cash		$ 169,241
Accounts receivable, net		300,323
Inventory, net		562,101
Prepaid expenses and other assets		218,634
TOTAL CURRENT ASSETS		1,250,299
Fixed assets, net of accumulated depreciation of $450,000 as of June 30, 2017		6,539,012
Financing costs, net of accumulated amortization		191,773
Other assets		85,697
TOTAL ASSETS		8,066,781
CURRENT LIABILITIES
Accounts payable and accrued liabilities		966,627
Advances related party		112,646
Promissory note		1,025,000
Uncertain tax liability increased
Deferred income taxes payable
Current portion of lease obligations		380,569
TOTAL CURRENT LIABILITIES		2,484,842
LONG-TERM LIABILITIES
Vesting note payable		1,875,000
Deferred tax payable
Capital lease obligation, net of current portion		2,809,915
TOTAL LONG-TERM LIABILITIES		4,684,915
TOTAL LIABILITIES		7,169,757
STOCKHOLDERS’ EQUITY
Allocation shares		1,000
Common Stock, $0.0001 par value: 500,000,000 Authorized shares: 3,115,500 issued and outstanding shares as of June 30, 2017 and December 31, 2016		3,115
Additional paid in capital		11,891
Accumulated Equity (Deficit)		1,271,409
TOTAL SHAREHOLDERS’ EQUITY		1,287,415
NONCONTROLLING INTERESTS		(390,391)
TOTAL EQUITY		897,024
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		8,066,781
Adjustment [Member]
Current Assets
Cash
Accounts receivable, net
Inventory, net
Prepaid expenses and other assets	[1]	103,000
TOTAL CURRENT ASSETS		103,000
Fixed assets, net of accumulated depreciation of $450,000 as of June 30, 2017
Financing costs, net of accumulated amortization
Other assets
TOTAL ASSETS		103,000
CURRENT LIABILITIES
Accounts payable and accrued liabilities
Advances related party
Promissory note
Uncertain tax liability	[1]	129,000
Uncertain tax liability increased	[2]	1,000
Deferred income taxes payable	[1]	91,000
Current portion of lease obligations
TOTAL CURRENT LIABILITIES		221,000
LONG-TERM LIABILITIES
Vesting note payable
Deferred tax payable	[1]	2,044,646
TOTAL LONG-TERM LIABILITIES		1,784,323
TOTAL LIABILITIES		2,005,323
STOCKHOLDERS’ EQUITY
Allocation shares
Common Stock, $0.0001 par value: 500,000,000 Authorized shares: 3,115,500 issued and outstanding shares as of June 30, 2017 and December 31, 2016
Accumulated Equity (Deficit)	[1]	(2,161,646)
TOTAL SHAREHOLDERS’ EQUITY		(2,019,018)
NONCONTROLLING INTERESTS	[2]	116,695
TOTAL EQUITY		(1,902,323)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		103,000
Adjustment One [Member]
LONG-TERM LIABILITIES
Deferred tax payable	[2]	(260,323)
STOCKHOLDERS’ EQUITY
Accumulated Equity (Deficit)	[2]	142,628
As Restated [Member]
Current Assets
Cash		169,241
Accounts receivable, net		300,323
Inventory, net		562,101
Prepaid expenses and other assets		321,634
TOTAL CURRENT ASSETS		1,353,299
Fixed assets, net of accumulated depreciation of $450,000 as of June 30, 2017		6,539,012
Financing costs, net of accumulated amortization		191,773
Other assets		85,697
TOTAL ASSETS		8,169,781
CURRENT LIABILITIES
Accounts payable and accrued liabilities		966,627
Advances related party		112,646
Promissory note		1,025,000
Uncertain tax liability		130,000
Deferred income taxes payable		91,000
Current portion of lease obligations		380,569
TOTAL CURRENT LIABILITIES		2,705,842
LONG-TERM LIABILITIES
Vesting note payable		1,875,000
Deferred tax payable		1,784,323
Capital lease obligation, net of current portion		2,809,915
TOTAL LONG-TERM LIABILITIES		6,469,238
TOTAL LIABILITIES		9,175,080
STOCKHOLDERS’ EQUITY
Allocation shares		1,000
Common Stock, $0.0001 par value: 500,000,000 Authorized shares: 3,115,500 issued and outstanding shares as of June 30, 2017 and December 31, 2016		3,115
Additional paid in capital		11,891
Accumulated Equity (Deficit)		(747,609)
TOTAL SHAREHOLDERS’ EQUITY		(731,603)
NONCONTROLLING INTERESTS		(273,696)
TOTAL EQUITY		(1,005,299)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$ 8,169,781
[1]	The Company determined the bargain purchase gain recorded upon the acquisition of Neese on March 3, 2017 excluded prepaid taxes of $103,000, deferred taxes liabilities of $2,161,646 and an uncertain tax liability of $129,000. The gain on bargain purchase was reduced by $2,161,646 from the statement of operations in the period ending June 30, 2017 and prepaid tax was increased by $103,000, the current deferred tax liability increased $91,000 and uncertain tax liability of $129,000 and non-current deferred tax liability increased $2,044,646.
[2]	The Company adjusted the impact on the tax expense (benefit) and prepaid taxes and tax liabilities for the three and six months ending June 30, 2017. The uncertain tax liability increased $1,000 and non-current deferred tax liability decreased $260,323 resulting in a tax benefit of $240,233 and $259,323 for the three and six months ending June 30, 2017, respectively. Furthermore, the loss attributable to non-controlling interest was decreased by $108,105 and $116,695 for the three and six months ending June 30, 2017, respectively.

RESTATEMENT OF FINANCIAL STAT30

RESTATEMENT OF FINANCIAL STATEMENT (Details 1) - USD ($)		3 Months Ended		6 Months Ended			12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
STATEMENT OF OPERATIONS
REVENUES								$ 131,250
COST OF SALES
GROSS PROFIT
General and administrative expenses			44,614			83,959	107,031	137,470
TOTAL OPERATING EXPENSES			44,614			83,959	269,844	342,573
NET LOSS FROM OPERATIONS			(44,614)			(83,959)	(269,844)	(211,323)
OTHER INCOME/(EXPENSE)
Financing costs
Interest expense
Gain on bargain purchase
TOTAL OTHER INCOME (EXPENSE)
NET LOSS BEFORE  INCOME TAXES			(44,614)			(83,959)
INCOME TAX EXPENSE
NET LOSS			(44,614)			(83,959)	$ (269,844)	$ (211,323)
Less net income (loss) attributable to non-controlling interest
NET INCOME (LOSS) ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS			$ (44,614)			$ (83,959)
Basic & Diluted earnings per share			$ (0.01)			$ (0.03)	$ 0	$ 0
Weighted average basis & diluted shares outstanding			3,115,500			3,115,500	77,887,500	77,887,500
As Filed [Member]
STATEMENT OF OPERATIONS
REVENUES		$ 1,788,106		$ 2,449,969
COST OF SALES		1,553,092		2,272,418
GROSS PROFIT		235,014		177,551
General and administrative expenses		660,919		804,404
TOTAL OPERATING EXPENSES		660,919
NET LOSS FROM OPERATIONS		(425,905)		(626,853)
OTHER INCOME/(EXPENSE)
Financing costs		(10,430)		14,474
Interest expense		(172,518)		(227,679)
Gain on bargain purchase				(2,435,927)
TOTAL OTHER INCOME (EXPENSE)		(182,948)		2,193,774
NET LOSS BEFORE  INCOME TAXES		(608,853)		1,566,921
INCOME TAX EXPENSE
NET LOSS		(608,853)		1,566,921
Less net income (loss) attributable to non-controlling interest		(316,385)		(390,391)
NET INCOME (LOSS) ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS		$ (292,468)		$ 1,957,312
Basic & Diluted earnings per share		$ (0.09)		$ 0.63
Weighted average basis & diluted shares outstanding		3,115,500		3,115,500
Adjustment [Member]
STATEMENT OF OPERATIONS
REVENUES
COST OF SALES
GROSS PROFIT
General and administrative expenses
TOTAL OPERATING EXPENSES
NET LOSS FROM OPERATIONS
OTHER INCOME/(EXPENSE)
Financing costs
Interest expense
Gain on bargain purchase				2,161,646	[1]
TOTAL OTHER INCOME (EXPENSE)				(2,161,646)
NET LOSS BEFORE  INCOME TAXES				(2,161,646)
INCOME TAX EXPENSE	[2]	(240,233)		(259,323)
NET LOSS		(240,233)		(1,902,323)
Less net income (loss) attributable to non-controlling interest	[2]	108,105		116,695
NET INCOME (LOSS) ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS		(132,128)		(2,019,018)
As Restated [Member]
STATEMENT OF OPERATIONS
REVENUES		1,788,106		2,449,969
COST OF SALES		1,553,092		2,272,418
GROSS PROFIT		235,014		177,551
General and administrative expenses		660,919		804,404
TOTAL OPERATING EXPENSES		660,919		804,404
NET LOSS FROM OPERATIONS		(425,905)		(626,853)
OTHER INCOME/(EXPENSE)
Financing costs		10,430		14,474
Interest expense		(172,518)		(227,679)
Gain on bargain purchase				274,281
TOTAL OTHER INCOME (EXPENSE)		(182,948)		32,128
NET LOSS BEFORE  INCOME TAXES		(608,853)		(594,725)
INCOME TAX EXPENSE		(240,233)		(259,323)
NET LOSS		(368,620)		(335,402)
Less net income (loss) attributable to non-controlling interest		(208,280)		(273,696)
NET INCOME (LOSS) ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS		$ (160,340)		$ (61,706)
Basic & Diluted earnings per share		$ (0.05)		$ (0.02)
Weighted average basis & diluted shares outstanding		3,115,500		3,115,500
[1]	The Company determined the bargain purchase gain recorded upon the acquisition of Neese on March 3, 2017 excluded prepaid taxes of $103,000, deferred taxes liabilities of $2,161,646 and an uncertain tax liability of $129,000. The gain on bargain purchase was reduced by $2,161,646 from the statement of operations in the period ending June 30, 2017 and prepaid tax was increased by $103,000, the current deferred tax liability increased $91,000 and uncertain tax liability of $129,000 and non-current deferred tax liability increased $2,044,646.
[2]	The Company adjusted the impact on the tax expense (benefit) and prepaid taxes and tax liabilities for the three and six months ending June 30, 2017. The uncertain tax liability increased $1,000 and non-current deferred tax liability decreased $260,323 resulting in a tax benefit of $240,233 and $259,323 for the three and six months ending June 30, 2017, respectively. Furthermore, the loss attributable to non-controlling interest was decreased by $108,105 and $116,695 for the three and six months ending June 30, 2017, respectively.

RESTATEMENT OF FINANCIAL STAT31

RESTATEMENT OF FINANCIAL STATEMENT (Details 2) - USD ($)		3 Months Ended		6 Months Ended			12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS
SALES								$ 131,250
COST OF SALES
GROSS PROFIT
GENERAL & ADMINISTRATIVE EXPENSES
General and administrative expenses			44,614			83,959	107,031	137,470
TOTAL GENERAL & ADMINISTRATIVE EXPENSES			44,614			83,959	107,031	137,470
NET LOSS FROM OPERATIONS			(44,614)			(83,959)	(269,844)	(211,323)
OTHER INCOME/(EXPENSE)
Financing costs
Interest expense
Gain on bargain purchase
TOTAL OTHER INCOME (EXPENSE)
NET LOSS BEFORE INCOME TAXES			(44,614)			(83,959)
INCOME TAX EXPENSE
NET INCOME (LOSS)			(44,614)			(83,959)	$ (269,844)	$ (211,323)
Less net income (loss) attributable to non-controlling interest
NET LOSS & COMPREHENSIVE INCOME			$ (44,614)			$ (83,959)
Basic & Diluted earnings per share			$ (0.01)			$ (0.03)	$ 0	$ 0
Weighted average basis & diluted shares outstanding			3,115,500			3,115,500	77,887,500	77,887,500
As Restated [Member]
STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS
SALES		$ 1,788,106		$ 2,449,969
COST OF SALES		1,553,092		2,272,418
GROSS PROFIT		235,014		177,551
GENERAL & ADMINISTRATIVE EXPENSES
General and administrative expenses		660,919		804,404
TOTAL GENERAL & ADMINISTRATIVE EXPENSES		660,919		804,404
NET LOSS FROM OPERATIONS		(425,905)		(626,853)
OTHER INCOME/(EXPENSE)
Financing costs		(10,430)		(14,474)
Interest expense		(172,518)		(227,679)
Gain on bargain purchase				274,281
TOTAL OTHER INCOME (EXPENSE)		(182,948)		32,128
NET LOSS BEFORE INCOME TAXES		(608,853)		(594,725)
INCOME TAX EXPENSE		(240,233)		(259,323)
NET INCOME (LOSS)		(368,620)		(335,402)
Less net income (loss) attributable to non-controlling interest		(208,280)		(273,696)
NET LOSS & COMPREHENSIVE INCOME		$ (160,340)		$ (61,706)
Basic & Diluted earnings per share		$ (0.05)		$ (0.02)
Weighted average basis & diluted shares outstanding		3,115,500		3,115,500
As Filed [Member]
STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS
SALES		$ 1,788,106		$ 2,449,969
COST OF SALES		1,553,092		2,272,418
GROSS PROFIT		235,014		177,551
GENERAL & ADMINISTRATIVE EXPENSES
General and administrative expenses		660,919		804,404
TOTAL GENERAL & ADMINISTRATIVE EXPENSES		660,919		804,404
NET LOSS FROM OPERATIONS		(425,905)		(626,853)
OTHER INCOME/(EXPENSE)
Financing costs		10,430		(14,474)
Interest expense		(172,518)		(227,679)
Gain on bargain purchase				(2,435,927)
TOTAL OTHER INCOME (EXPENSE)		(182,948)		2,193,774
NET LOSS BEFORE INCOME TAXES		(608,853)		1,566,921
INCOME TAX EXPENSE
NET INCOME (LOSS)		(608,853)		1,566,921
Less net income (loss) attributable to non-controlling interest		(316,385)		(390,391)
NET LOSS & COMPREHENSIVE INCOME		$ (292,468)		$ 1,957,312
Basic & Diluted earnings per share		$ (0.09)		$ 0.63
Weighted average basis & diluted shares outstanding		3,115,500		3,115,500
Adjustment [Member]
STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS
SALES
COST OF SALES
GROSS PROFIT
GENERAL & ADMINISTRATIVE EXPENSES
General and administrative expenses
TOTAL GENERAL & ADMINISTRATIVE EXPENSES
NET LOSS FROM OPERATIONS
OTHER INCOME/(EXPENSE)
Financing costs
Interest expense
Gain on bargain purchase				2,161,646	[1]
TOTAL OTHER INCOME (EXPENSE)				(2,161,646)
NET LOSS BEFORE INCOME TAXES				(2,161,646)
INCOME TAX EXPENSE	[2]	(240,233)		(259,323)
NET INCOME (LOSS)		(240,233)		(1,902,323)
Less net income (loss) attributable to non-controlling interest	[2]	108,105		116,695
NET LOSS & COMPREHENSIVE INCOME		$ (132,128)		$ (2,019,018)
[1]	The Company determined the bargain purchase gain recorded upon the acquisition of Neese on March 3, 2017 excluded prepaid taxes of $103,000, deferred taxes liabilities of $2,161,646 and an uncertain tax liability of $129,000. The gain on bargain purchase was reduced by $2,161,646 from the statement of operations in the period ending June 30, 2017 and prepaid tax was increased by $103,000, the current deferred tax liability increased $91,000 and uncertain tax liability of $129,000 and non-current deferred tax liability increased $2,044,646.
[2]	The Company adjusted the impact on the tax expense (benefit) and prepaid taxes and tax liabilities for the three and six months ending June 30, 2017. The uncertain tax liability increased $1,000 and non-current deferred tax liability decreased $260,323 resulting in a tax benefit of $240,233 and $259,323 for the three and six months ending June 30, 2017, respectively. Furthermore, the loss attributable to non-controlling interest was decreased by $108,105 and $116,695 for the three and six months ending June 30, 2017, respectively.

RESTATEMENT OF FINANCIAL STAT32

RESTATEMENT OF FINANCIAL STATEMENT (Details 3) - USD ($)		3 Months Ended		6 Months Ended			12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
OPERATING ACTIVITIES
NET LOSS			$ (44,614)			$ (83,959)	$ (269,844)	$ (211,323)
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on acquisition
Depreciation expense
Amortization of financing costs
Changes in operating assets and liabilities:
Increase in accounts receivable								(37,500)
Decrease in inventory
Increase in prepaid expenses
Increase (decrease) in accounts payable and accrued expenses						77,063	158,686	194,095
Increase in other liabilities
Increase in uncertain tax position
Net cash provided by (used in) operating activities						(6,896)	(11,158)	(54,728)
INVESTING ACTIVITIES
Cash acquired in acquisition
Purchase of equipment
Net cash provided by Investing activities
FINANCING ACTIVITIES
Financing costs
Principal payments on capital lease obligations
Loans from (repayments to) related parties						6,566
Net cash provided by financing activities						6,566	10,743	55,143
NET INCREASE (DECREASE) IN CASH						(330)	(415)	415
CASH
Beginning of period						415	415
End of period			$ 85			85		415
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest paid
Income tax paid
As Filed [Member]
OPERATING ACTIVITIES
NET LOSS		$ (608,853)		1,566,921
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on acquisition				(2,435,927)
Depreciation expense				450,000
Amortization of financing costs		(10,430)		14,474
Changes in operating assets and liabilities:
Increase in accounts receivable				(143,051)
Decrease in inventory				683,457
Increase in prepaid expenses				(218,592)
Increase (decrease) in accounts payable and accrued expenses				203,512
Increase in other liabilities				(1,257)
Increase in uncertain tax position
Decrease in deferred tax liability
Net cash provided by (used in) operating activities				119,537
INVESTING ACTIVITIES
Cash acquired in acquisition				338,411
Purchase of equipment				(89,012)
Net cash provided by Investing activities				249,399
FINANCING ACTIVITIES
Financing costs				(153,947)
Principal payments on capital lease obligations				(49,516)
Loans from (repayments to) related parties				3,768
Net cash provided by financing activities				(199,695)
NET INCREASE (DECREASE) IN CASH				169,241
CASH
Beginning of period
End of period		169,241		169,241
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest paid				109,483
Income tax paid
Adjustment [Member]
OPERATING ACTIVITIES
NET LOSS		(240,233)		(1,902,323)
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on acquisition				2,161,646	[1]
Depreciation expense
Amortization of financing costs
Changes in operating assets and liabilities:
Increase in accounts receivable
Increase in prepaid expenses
Increase (decrease) in accounts payable and accrued expenses
Increase in other liabilities
Increase in uncertain tax position	[2]			1,000
Decrease in deferred tax liability	[2]			(260,323)
Net cash provided by (used in) operating activities
INVESTING ACTIVITIES
Cash acquired in acquisition
Purchase of equipment
Net cash provided by Investing activities
FINANCING ACTIVITIES
Financing costs
Principal payments on capital lease obligations
Loans from (repayments to) related parties
Net cash provided by financing activities
NET INCREASE (DECREASE) IN CASH
CASH
Beginning of period
End of period
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest paid
Income tax paid
As Restated [Member]
OPERATING ACTIVITIES
NET LOSS		(368,620)		(335,402)
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on acquisition				274,281
Depreciation expense				450,000
Amortization of financing costs		10,430		14,474
Changes in operating assets and liabilities:
Increase in accounts receivable				(143,051)
Decrease in inventory				683,457
Increase in prepaid expenses				(218,592)
Increase (decrease) in accounts payable and accrued expenses				203,512
Increase in other liabilities				(1,257)
Increase in uncertain tax position				1,000
Decrease in deferred tax liability				(260,323)
Net cash provided by (used in) operating activities				119,537
INVESTING ACTIVITIES
Cash acquired in acquisition				338,411
Purchase of equipment				89,012
Net cash provided by Investing activities				249,399
FINANCING ACTIVITIES
Financing costs				153,947
Principal payments on capital lease obligations				49,516
Loans from (repayments to) related parties				3,768
Net cash provided by financing activities				(199,695)
NET INCREASE (DECREASE) IN CASH				169,241
CASH
Beginning of period
End of period		$ 169,241		169,241
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest paid				109,483
Income tax paid
[1]	The Company determined the bargain purchase gain recorded upon the acquisition of Neese on March 3, 2017 excluded prepaid taxes of $103,000, deferred taxes liabilities of $2,161,646 and an uncertain tax liability of $129,000. The gain on bargain purchase was reduced by $2,161,646 from the statement of operations in the period ending June 30, 2017 and prepaid tax was increased by $103,000, the current deferred tax liability increased $91,000 and uncertain tax liability of $129,000 and non-current deferred tax liability increased $2,044,646.
[2]	The Company adjusted the impact on the tax expense (benefit) and prepaid taxes and tax liabilities for the three and six months ending June 30, 2017. The uncertain tax liability increased $1,000 and non-current deferred tax liability decreased $260,323 resulting in a tax benefit of $240,233 and $259,323 for the three and six months ending June 30, 2017, respectively. Furthermore, the loss attributable to non-controlling interest was decreased by $108,105 and $116,695 for the three and six months ending June 30, 2017, respectively.

RESTATEMENT OF FINANCIAL STAT33

RESTATEMENT OF FINANCIAL STATEMENT (Details Narrative) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016	Mar. 03, 2017
Prepaid taxes		$ 103,000		$ 103,000
Gain on bargain purchase
Increased in deferred tax liability , Non-current				260,323
Adjustment [Member]
Uncertain tax liability	[1]	129,000		129,000
Gain on bargain purchase				2,161,646	[1]
Increased in prepaid taxes				103,000
Increased in deferred tax liability , current				91,000
Increased in deferred tax liability , Non-current				2,044,646
Increased in uncertain tax liability	[2]	1,000		1,000
Income tax benefit		240,233		259,323
Decreased in loss attributable to non-controlling interest		$ 108,105		$ 116,695
Neese [Member]
Prepaid taxes							$ 103,000
Deferred taxes liabilities							2,161,646
Uncertain tax liability							$ 129,000
[1]	The Company determined the bargain purchase gain recorded upon the acquisition of Neese on March 3, 2017 excluded prepaid taxes of $103,000, deferred taxes liabilities of $2,161,646 and an uncertain tax liability of $129,000. The gain on bargain purchase was reduced by $2,161,646 from the statement of operations in the period ending June 30, 2017 and prepaid tax was increased by $103,000, the current deferred tax liability increased $91,000 and uncertain tax liability of $129,000 and non-current deferred tax liability increased $2,044,646.
[2]	The Company adjusted the impact on the tax expense (benefit) and prepaid taxes and tax liabilities for the three and six months ending June 30, 2017. The uncertain tax liability increased $1,000 and non-current deferred tax liability decreased $260,323 resulting in a tax benefit of $240,233 and $259,323 for the three and six months ending June 30, 2017, respectively. Furthermore, the loss attributable to non-controlling interest was decreased by $108,105 and $116,695 for the three and six months ending June 30, 2017, respectively.

INVESTMENTS (Details Narrative)

INVESTMENTS (Details Narrative) - shares	1 Months Ended
	Sep. 15, 2013	Jun. 30, 2017	Jun. 09, 2017	Dec. 31, 2016	Dec. 31, 2015	Jul. 02, 2014
Common shares, issued		3,115,500	77,887,500	77,887,500	77,887,500	1,038,050
PPI Management Group, LLC [Member]
Acquired interest in two consulting firms	50.00%
Christals Management LLC [Member]
Acquired interest in two consulting firms	50.00%
Mr. Roberts [Member]
Common shares, issued	65,625,000

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Total		$ 369	$ 369
Machinery and Equipment [Member]
Total	$ 464,646
Parts [Member]
Total	$ 97,455

ACQUISITION (Details)

ACQUISITION (Details)	6 Months Ended
	Jun. 30, 2017USD ($)
Provisional Purchase Consideration
Amount of consideration:	$ 6,140,000
Assets acquired and liabilities assumed at preliminary fair value
Cash	338,000
Accounts receivable	157,000
Prepaid taxes	103,000
Inventories	1,246,000
Financing costs	52,000
Property and equipment	6,900,000
Other assets	85,000
Accounts payable and accrued expenses	(175,000)
Uncertain tax position	(129,000)
Deferred tax liability	(2,135,000)
Other liabilities	(28,000)
Net tangible assets acquired	6,414,000
Identifiable intangible assets
Intangible assets *		[1]
Total Identifiable Intangible Assets
Total net assets acquired	6,414,000
Consideration paid	6,140,000
Preliminary gain on bargain purchase	$ 274,000
[1]	We are reviewing for potential intangible assets, which may potentially change the intangible assets.

ACQUISITION (Details 1)

ACQUISITION (Details 1) - USD ($)	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Net income (loss) per share	$ (0.01)		$ (0.03)	$ 0	$ 0
Weighted average number of shares outstanding	3,115,500		3,115,500	77,887,500	77,887,500
Business Acquisitions [Member]
Revenues, net		$ 3,615,000	$ 3,915,000
Net income (loss) allocable to common shareholders		$ (293,000)	$ 490,000
Net income (loss) per share		$ (0.09)	$ 0.16
Weighted average number of shares outstanding		3,115,500	3,115,500

ACQUISITION (Details Narrative)

ACQUISITION (Details Narrative)	6 Months Ended
	Jun. 30, 2017USD ($)
Minimum [Member]
Business acquisition cash balance, closing	$ 200,000
Estimated useful life	1 year
Maximum [Member]
Estimated useful life	10 years
1847 Neese Corporation [Member] | Neese Acquisition [Member]
Business acquisition purchase price	$ 2,225,000
Business acquisition equity interest issued or issuable	450 shares of the common stock of 1847 Neese, constituting 45% of its capital stock, which we refer to as the purchase price shares
Business acquisition vesting promissory note	$ 1,875,000
Business acquisition short term promissory note	1,025,000
Business acquisition cash balance, closing	338,000
Business acquisition fair value of net assets acquired	$ 8,575,000

PROMISSORY NOTES (Details Narra

PROMISSORY NOTES (Details Narrative) - USD ($)	Mar. 03, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2020	Jun. 30, 2017	Dec. 31, 2016
Interest rate							8.00%
Subsequent Event [Member]
Interest rate	10.00%
Adjusted EBITDA target for vesting of promissory note				$ 1,300,000
Description of vesting promissory note		Fiscal Year 2019 - If Adjusted EBITDA for the fiscal year ending December 31, 2019, exceeds the Adjusted EBITDA Target, then a portion of the principal amount of the Vesting Note that is equal to sixty percent (60%) of such excess shall vest. Interest shall be payable on such vested portion of principal from January 1, 2019 through the Maturity Date.	Fiscal Year 2018 - If Adjusted EBITDA for the fiscal year ending December 31, 2018, exceeds the Adjusted EBITDA Target, then a portion of the principal amount of the Vesting Note that is equal to sixty percent (60%) of such excess shall vest. Interest shall be payable on such vested portion of principal from January 1, 2018 through the Maturity Date.	Fiscal Year 2017 If Adjusted EBITDA for the fiscal year ending December 31, 2017, exceeds an Adjusted EBITDA target of $1,300,000 (the Adjusted EBITDA Target), then a portion of the principal amount of the Vesting Note that is equal to sixty percent (60%) of such excess shall vest. Interest shall be payable on such vested portion of principal from January 1, 2017 through the Maturity Date.
Subsequent Event [Member] | Promissory Note [Member]
Interest rate					8.00%
1847 Neese Corporation [Member] | Neese Acquisition [Member]
Business acquisition vesting promissory note						$ 1,875,000
Business acquisition short term promissory note						$ 1,025,000
1847 Neese Corporation [Member] | Neese Acquisition [Member] | Subsequent Event [Member]
Description for prepayment of the promissory note and accrued interest	The unpaid principal, and all accrued, but unpaid, interest thereon shall be prepaid if at any time, and from time to time, the cash on hand of 1847 Neese and Neese exceeds $250,000 and, then, the prepayment shall be equal to the amount of cash in excess of $200,000 until the unpaid principal and accrued, but unpaid, interest thereon is fully prepaid. The short-term promissory note contains the same events of default as the vesting promissory note.
Cash balance to prepay outstanding promissory note and accrued interest	$ 250,000
Prepayment of short term debt in excess of cash balance, amount	$ 200,000

CAPITALIZED LEASES (Details)

CAPITALIZED LEASES (Details)	Jun. 30, 2017USD ($)
For the year ending December 31,
2017 (remainder of the year)	$ 318,000
2,018	991,537
2,019	1,023,860
2,020	1,023,860
2,021	1,023,860
Total minimum lease payments	4,381,117
Less amount representing interest	1,190,633
Present value of minimum lease payments	3,190,484
Long-term present value of minimum lease payment	$ 2,809,915

CAPITALIZED LEASES (Details Nar

CAPITALIZED LEASES (Details Narrative) - USD ($)	Jun. 14, 2017	Jun. 30, 2017
Aggregate value of minimum lease payments		$ 3,190,484
Accumulated amortization		450,000
Capital lease assets		$ 6,900,000
Interest rate,capitalized lease		13.40%
Master Lease Agreement [Member]
Lease agreement date		Mar. 3, 2017
Aggregate value of minimum lease payments		$ 3,240,000
Lease term		51 months
Lease rent (Monthly)		$ 53,000
Increasing lease rent (Monthly)		$ 85,322
Lease term, Description		If any rent is not received by the Lessor within five (5) calendar days of the due date, the Lessee shall pay a late charge equal to ten (10%) percent of the amount
Administration fee		$ 3,000
Capital lease agreement, term		the Lessee is required to pay, together with all other amounts then due and payable under the master lease agreement, in cash, an end of term buyout price equal to the lesser of: (a) $162,000 (five percent (5%) of the Total Invoice Cost (as defined in the master lease agreement)); or (b) the fair market value of the Equipment, as determined by the Lessor.
Master Lease Agreement [Member] | first amendment lease documentst [Member]
Lease rent (Monthly)	$ 53,000
Increasing lease rent (Monthly)	85,322
Administration fee	2,500
Aggregate loan	$ 4,540,117
Master Lease Agreement [Member] | first amendment lease documentst [Member] | Minimum [Member]
Lease term	51 months
Master Lease Agreement [Member] | first amendment lease documentst [Member] | Maximum [Member]
Lease term	57 months

COMMITMENTS AND CONTINGENCIES42

COMMITMENTS AND CONTINGENCIES (Details)	Jun. 30, 2017USD ($)
Year Ending December 31,
2,017	$ 75,000
2,018	100,000
2,019	100,000
2,020	100,000
2,021	100,000
thereafter	525,000
Total minimum lease payments	$ 1,000,000

COMMITMENTS AND CONTINGENCIES43

COMMITMENTS AND CONTINGENCIES (Details Narrative) - Agreement of Lease - Related Party [Member]	6 Months Ended
	Jun. 30, 2017USD ($)
Lease agreement date	Mar. 3, 2017
Lease term	10 years
Lease rent (Monthly)	$ 8,333
Lease term, Description	In the event of late payment, interest shall accrue on the unpaid amount at the rate of eighteen percent (18%) per annum. The Lease contains customary events of default, including if Neese shall fail to pay rent within five (5) days after the due date, or if Neese shall fail to perform any other terms, covenants or conditions under the Lease

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)	2 Months Ended	6 Months Ended
	Mar. 03, 2017	Jun. 30, 2017	Jun. 09, 2017	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Jul. 02, 2014
Allocation shares, issued		1,000			1,000	1,000
Allocation shares, outstanding		1,000			1,000	1,000
Common shares,authorized		500,000,000			500,000,000	500,000,000	50,000,000
Common shares, issued		3,115,500	77,887,500		77,887,500	77,887,500	1,038,050
Common shares, outstanding		3,115,500	77,887,500		77,887,500	77,887,500	1,038,050
Ownership of allocation shares by manager					100.00%
Allocation of profit					20.00%
Interest rate					8.00%
Noncontrolling interest, ownership percentage		45.00%
Acquisition interest acquired	55.00%
Non-controlling interest of subsidiary amount		$ 390,391
Chief Executive Officer [Member]
Allocation shares, issued				1,000	1,000
Allocation shares, outstanding				1,000	1,000

RELATED PARTIES (Details Narrat

RELATED PARTIES (Details Narrative) - USD ($)	Mar. 03, 2017	Apr. 15, 2013	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2017
Bad debt expense			$ (100,000)
Advances, related party			$ 108,878	$ 98,146	$ 112,646
Management Services Agreement [Member]
Description of management fee		quarterly management fee equal to 0.5% (2.0% annualized) of our company's adjusted net assets for services performed
Management consulting fee, quarterly	$ 62,500	$ 43,750
Description of gross income	expected to exceed, 9.5% of our gross income with respect to such fiscal year

INCOME TAXES (Details )

INCOME TAXES (Details ) - USD ($)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Federal income tax benefit attributable to:
Current Operations			$ 106,440	$ 83,356
Less: valuation allowance			(106,440)	(83,356)
Net provision for Federal income taxes

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Deferred tax asset attributable to:
Net operating loss carryover	$ 270,583	$ 164,129
Less: valuation allowance	(270,583)	(164,129)
Net deferred tax asset

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Taxes Details Narrative
Net operating loss carry forwards	$ 685,887	$ 416,043
Net operating loss carry forwards, expiration date	2,034
Federal statutory rate	34.00%

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Jul. 07, 2017	Mar. 03, 2017	Jul. 17, 2017	Jul. 02, 2014
Common stock, par value				$ 0.001
Subsequent Event [Member]
Aggregate purchase price		$ 2,225,000
Capital Stock, Shares Purchased		450
Capital Stock Purchased,Percentage		45.00%
Purchase price cash portion description		The cash portion of the purchase price will be adjusted upward if Neese’s final certified balance sheet, as of a date on or about the closing date does not reflect a cash balance of at least $200,000
Business acquisition, minimum cash balance maintainance restriction		$ 200,000
Subsequent Event [Member] | Stock Purchase Agreement - 1847 Fitness [Member]
Common stock, par value	$ 0.001
Capital Stock Purchased,Percentage	13.50%
Subsequent Event [Member] | Stock Purchase Agreement - 1847 Fitness [Member] | Promissory note [Member]
Additional paid in capital principal amount	$ 1,000,000
Subsequent Event [Member] | Stock Purchase Agreement - 1847 Fitness [Member] | Promissory note [Member] | Maximum [Member]
Aggregate purchase price	238,000
Subsequent Event [Member] | Stock Purchase Agreement - 1847 Fitness [Member]
Aggregate purchase price	$ 14,000,000
Capital Stock, Shares Purchased	135
Indemnification payable, amount	$ 150,000
Subsequent Event [Member] | Wood Air Conditioning, Inc WAC [Member] | Stock Purchase Agreement - 1847 Fitness [Member]
Aggregate purchase price			$ 6,532,140
Description of stock purchase agreement			If such amount is determined to be less than $1,224,776, then 1847 Wood may terminate the stock purchase agreement, and if such amount is determined to be greater than $2,041,294, then the Seller may terminate the stock purchase agreement, in each case by written notice within 10 days after such determination.
Indemnification payable, amount			$ 100,000
Subsequent Event [Member] | Wood Air Conditioning, Inc WAC [Member] | Stock Purchase Agreement - 1847 Fitness [Member] | Cash [Member]
Aggregate purchase price			5,250,000
Subsequent Event [Member] | Wood Air Conditioning, Inc WAC [Member] | Stock Purchase Agreement - 1847 Fitness [Member] | Maximum [Member]
Earning before Interest expense, Tax expense,Depreciation and amortization expense and Stock based compensation expense			2,041,294
Subsequent Event [Member] | Wood Air Conditioning, Inc WAC [Member] | Stock Purchase Agreement - 1847 Fitness [Member] | Minimum [Member]
Earning before Interest expense, Tax expense,Depreciation and amortization expense and Stock based compensation expense			1,224,776
Subsequent Event [Member] | Wood Air Conditioning, Inc WAC [Member] | Stock Purchase Agreement - 1847 Fitness [Member] | Promissory note [Member]
Aggregate purchase price			$ 1,282,140
Subsequent Event [Member] | Promissory note [Member]
Additional paid in capital principal amount		1,875,000
Subsequent Event [Member] | Short term promissory note [Member]
Additional paid in capital principal amount		$ 1,025,000