Retail - Home Furniture & Furnishings | Services - Amusement & Recreation

Asking Price	$490,000	Inventory	$50,000**
Gross Income	$760,117	Real Estate
Cash Flow	$152,023	Year Established	1990
FF&E	$21,600*	Employees	2 FT: 2 PT

* included in the asking price

** not included in the asking price

Great business for sale

This family-owned and operated spa business is situated in a thriving mountain resort community. The business specializes in the sale of high-end spas and has an established reputation of excellent customer service. The company offers a potential investor or buyer access to new markets and customers, established product line of innovative spas, maintenance customers, pool and spa supply customers, a proven sales system that exceeds industry closing rations, and a certified technical service team. The company has built a strong brand name and a loyal customer base over the past 17 years. They have a strong referral network from builders, realtors, current customers, and other businesses in the area. BizAdvocates will assist a qualified buyer with Third Party SBA financing including a line of (credit) working capital with 15-20% as a down payment. Unsecured seller financing is not encouraged except as part of a formalized Structured Sale that meets current IRS guidelines and/or, as may be required by a SBA lender.

Facilities: Real property is not included in the sale; however, the current owners are willing to negotiate an acceptable lease based on the expense guidelines of the third party appraisal procured by the owners prior to the sale of the business.

Competition: In 1995 there were 5 spa dealers and now there are 7. Over the years 2 or 3 have come and gone. None of the competitors have had an impact on the company's market.

Growth/Expansion: The area has achieved record growth over the past 10 years. Broadening marketing efforts into surrounding areas may increase revenues for the business. The company has a strong infrastructure of established procedures, job duties, lead follow-up systems, advertizing, website presence, and sales literature support which ensures their ability to support continued growth. When coupled with their outstanding reputation, they are positioned for success in the future.

Support/Training: The owners will provide four weeks of training for the new entering party. In addition, the owners will be available for consulting advice during a transition period. The owners will sign a non-compete document.

Reason Selling: Semi- retirement