MergerPlace

Excellent Hot Tub, Sauna

Virginia


  • Asking Price: $1,125,000
  • Gross Income: $3,021,316
  • Cash Flow: $323,685
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $200,000
  • Listing ID: #208968
  • Established: 1978
  • Employees: 16 FT / 3 PT

Business Description

Excellent Hot Tub, Sauna and Pool Business. A down payment of $150,000 is all that’s required for an approved buyer as the Business is Lender Pre-Qualified! Established 40 years, this retailer is on the cutting edge of today’s consumer wellness revolution. Providing hot water therapy, swim-in-place fitness technology and traditional purifying sauna benefits, this company is the leader in each of its markets in product sales and service. This company has gained the support and recognition of the wellness industry’s most recognized and highest quality manufacturers and maintains exclusive marketing agreements in all of its markets. They have worked tirelessly to become the most Google reviewed business in their field from satisfied consumers. The enterprise enjoys revenue in excess of three million dollars today delivered across four key and strategic locations. Retail product sales, service labor sales, reoccurring consumer product maintenance sales and e-commerce sales have allowed this business to produce level monthly revenues for many years. Creating inviting showrooms, providing comprehensive sales training and the highest level of product knowledge ensures that every customer receives a warm and professional presentation.

Utilizing the industry’s highest rated business software product, the company manages point-of-sale, accounting, inventory, payroll, sales and lead management, service and delivery and CRM with this cloud based system. The company is a leader in digital marketing for lead capture, conversion and fulfillment. With major product conversions of over 50%, the company rates very high within its peer group. With a customer base of over 10,000, repeat purchases are generated through regular emails, company newsletters and direct mail.

A key success of the company over the years, is acquiring, training and compensating an employee base that is motivated to provide the highest level of customer satisfaction. Through a combination of “open book managing”, team and individual monthly incentive plans and 360 degree annual performance reviews, this company has all the pieces in place for a successful transition. Because the company has been operated under the same ownership since inception, they will available to assist the new owner in ensuring a continuation of the 40 years of success that has been accomplished.


Business Details

Primary Business Category: Services - Other Services
Location: Virginia

Company Information

Year Established: 1978
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 16 FT / 3 PT

Financial Information

Asking Price: $1,125,000
Gross Revenue: $3,021,316
Cash Flow: $323,685
FF&E: $200,000
Seller Financing Available: Yes

Property Information

Facilities:

Three retail operations in key locations are supported by a centrally located service center. The locations are in high traffic areas with great visibility. The locations have evolved as a result of their growth as well as the need for service, installation, repair and accessories.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers