Profitable Hot Tub Dealership in S. Metro Denver

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Ideal Biz for Husband/Wife or Couple Team!
Asking Price:
$600,000

Gross Revenue:
$950,000
Cash Flow:
$240,000
EBITDA:
$240,000
Inventory:
$41,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

Looking for an exciting profitable business where you can provide high end products and services in the leisure, lifestyle, recreation, health and wellness niche? This is your opportunity to own a premier spa and hot tub dealership in an outstanding retail location where demographics and growth are primed to successfully continue operating this business that has been established for 15 years. Opening in 2005, the business is recognized as being the area’s premier resource for new and refurbished hot tubs, products and service. They have a reputation for unparalleled services and expertise and has operated with a profit every year in business.

Please complete the Confidentiality Agreement at the following link for more information: https://intermountainbusinessbrokers.com/for-buyers/non-disclosure-confidentiality-agreement

The business represents the most respected manufacturers in the industry with excellent relationships that can be transferred to the new owner. The company provides exceptional service and top of the line lifestyle products.

Representing the line of products and services, the owner can feel confident customers are receiving a product that will result in enjoyment and worry-free ownership.

Besides sales, the business is also a service center offering factory trained and certified technicians supporting several brands of spas. In order to make sure customers’ hot tubs receive the right treatment to keep water clean, clear, and sparkling the business and its employees takes great pride in offering customer the experience, expert advice, and quality researched chemical products unmatched by local competitors. With years of industry experience and vendor relationships, the business has leveraged vendor sourcing of products and streamlined business practices to maximize chemical and over the counter profit opportunities in a trainable and transferable model.

The business maintains a A+ BBB rating, owns desirable website platform and domain, and manages a positive on line presence and reputation. Additionally, the business has a customer data base of several thousand customer records which incorporates clients primarily in the hot tub/spa/pool market that have either purchased a hot tub, had service, or purchased supplies over the counter. Of which represents a future opportunity to sell aftermarket products such as covers and chemicals along with
ongoing service and or replacement of hot tubs.

An excellent prospective buyer might include someone who has retail experience, business management, and a passion for home entertainment and wellness products. This is an excellent opportunity for a partner or couple team as well as a single owner operation.

Inventory & FFE: The sale of business includes approximately $50,000 of Furniture/Fixtures/Equipment and $41,000 of Inventory. These are conservative estimates by Seller.

Hours of Operation: The business holds hours open 7 days per week.

About the Business

Location:
Douglas County, Colorado
Year Established:
2005
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
3,300
Rent:
$7,300.00 Per Month
Facilities:
The business is in a standalone building and includes 3,300 Square Feet with an excellent showroom, office, onsite storage, and located next to one of the heaviest traveled roads in the metro area.

The business owner has a good relationship with the landlord and a new business owner with good credit should be able to continue the relationship by obtaining a new comparable lease. Please note that SBA Loans require a lease that has terms of 10 years. Seller will make introductions to the landlord at the appropriate time and facilitate the process of lease acquisition.
Market Outlook/
Competition:
Competition comes in the form of other spa dealers representing other brands. Desirability of location, quality of products and service, and sales ability set this store apart. Industry experts proclaim that Denver is one of the three top areas for spas in the world! The seller has found that 80% of the business comes from a 15 mile radius of a store so location is critical.
Growth & Expansion:
The geographic area is slated for growth to be consistent with the current thriving Colorado economy. More and more people continue to relocate to the Front Range area, the demographic is comprised of consumers that seek out high-quality lifestyle retail products such as those represented by health and wellness, entertainment and recreational markets.
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About the Sale

Reason For Selling:
The owner is selling the business due to family changes.
Training/Support:
One month of complete training is included in the sale price of the business. Prospective buyers will find the ownership to be very knowledgeable, professional, and eager to share rich industry experience with an ambitious new owner. The owner can outline specific duties and customize a training program that is suited to accommodate specific needs a buyer might have.
Seller Financing:
Pre-Qualified for an SBA Loan with $120,000 Down Payment for a qualified buyer.

Listing Info

ID:
1632315
Ad Detail Views:
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Business Listed by

Chris Gerard

InterMountain Business Brokers LLC
License# ER40033807

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