Listing ID: 82528

Business Overview

High Margin Business
Business Growth Year over Year
Desirable Location to Live and Work in Montana!

TWO BUSINESSES FOR ONE! This hot tub and swim spa business helps customers create backyard memories that last a lifetime by spending more time outdoors with your family and friends. There is a solid mix of business between maintenance products, service, and sales with a very loyal clientele and terrific customer reviews. In addition to increasing its market share, the growth of new homes in the area brings new opportunities. This business has been lender pre-qualified. Come live, work and play in Western Montana. This business could be yours. Call today!

Financial

  • Asking Price: $1,100,000
  • Cash Flow: $560,700
  • Gross Revenue: $2,100,000
  • EBITDA: N/A
  • FF&E: $49,650
  • Inventory: $33,550
  • Inventory Included: Yes
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Located in a leased retail location, the new product showroom is set up for an interactive experience showcasing the latest models in the hot tub industry. Additional inventory is stored off-site.

Is Support & Training Included:

Will train for 4 weeks @ $0 cost. The high-end product line and brand information will be provided to qualified candidates.

Purpose For Selling:

Ready to pursue new interests and adventures.

Pros and Cons:

Competitors do exist but this business has a very successful brand with successful products, and loyal customers that have created a very solid, positive reputation.

Opportunities and Growth:

Many growth opportunities exist. Please contact us and we will share them with you.

Additional Info

The company was founded in 2010, making the business 12 years old.
The transaction will include inventory valued at $33,550, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell operating businesses. Nonetheless, the true factor vs the one they say to you may be 2 entirely different things. As an example, they may say "I have way too many other commitments" or "I am retiring". For many sellers, these factors stand. But also, for some, these might simply be excuses to try to conceal the reality of changing demographics, increased competitors, recent reduction in revenues, or an array of other reasons. This is why it is really crucial that you not rely absolutely on a vendor's word, however rather, make use of the vendor's solution in conjunction with your total due diligence. This will paint a more practical picture of the business's existing situation.

Existing Debts and Future Obligations

If the current business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of companies finance loans with the purpose of covering points such as inventory, payroll, accounts payable, and so on. Bear in mind that sometimes this can indicate that earnings margins are too small. Numerous businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that have to be met or may lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area draw in brand-new clients? Many times, businesses have repeat customers, which develop the core of their day-to-day profits. Specific variables such as new competition growing up around the area, roadway building, as well as employee turnover can impact repeat consumers and adversely influence future incomes. One crucial point to consider is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the higher the possibility to build a returning client base. A last thought is the general area demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Just how might the regional typical household earnings effect future revenue potential?