Spa Outfitters Sales and Service - REDUCED!

Twin Falls, ID (Twin Falls County)

Spa Outfitters Sales and Service - REDUCED!

Asking Price:$250,000

Cash Flow:$100,583

Gross Revenue:$566,662

EBITDA:N/A

FF&E:$17,500

Inventory:$65,000

Established:1995

Spa Outfitters Sales and Service - REDUCED!

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Business Description

This Company has been in continuous operation since 1995 as a retailer of home lifestyle products; the business also offers maintenance/repair service to augment the retail sales. This solid opportunity has remained profitable through several regional downturns in the economy and even the “great recession” which is a testament to the loyal customer base and demand for their products. The business still operates on a very small advertising budget and continues to grow mainly through word-of-mouth advertising. The Owners currently only do one Home Show and the County Fair, although many other events are available in the regional area to market their products.

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Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The location is on a highly visible arterial with excellent access from either side of the road and plenty of parking. The +/-5,000 square foot facility is ideally set up with a large retail showroom and warehouse/repair area with ample room to expand. A new lease will be negotiated as part of the Purchase and Sale Agreement.
Competition:
Obviously the strengths are a proven business that has been in operation for over 20 years with an excellent reputation. The business also has an exclusive product line in their geographic area. The future of the regional area is very positive; the population base is projected to double by the year 2020.
Growth & Expansion:
An ideal buyer would be any sales or mechanically inclined entrepreneur or husband and wife team with interest in home lifestyle products and service. The Owners will stay on for a period of time to assure a smooth transition. There are many possible ways to grow the business including an increase in the advertising budget to include more social media and/ or improve Internet presence. Satellite locations could easily be set up in other underserved areas in the geographic region. A new Owner may also add more synergistic products to the current retail offerings.
Reason for Selling:
Relocation.

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Arthur J. Berry

Business Listed By:
Arthur J. Berry

Arthur Berry & Company

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