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Business For Sale

Spa and Hot Tub Sales & Service

Bonnyville, Alberta

Recreation: Entertainment

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$375,000
$519,000
Not Disclosed
$97,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$45,000
Not Disclosed
2005
2
9118276

Business Overview:

Lakeland Arctic Spa is a full retail outlet that sells, installs and repairs the top brand names in the hot tub industry, such as Arctic Spas and Coyote Spas at great prices. They also sell outdoor structures, Steam Showers, and cedar accessories. For your indoor enjoyment they also retail pool tables and games room furniture and furnishings. Arctic Spas are made locally in Throsby Alberta and are made to handle the worst our cold climate can throw at them due to superior engineering. The tubs are 33% more efficient to run than any tub in the market. Lakeland Arctic Spas has been in business since 2005 and has shown profitable growth every year. The store is located on the busiest corner in Bonnyville giving it excellent exposure. Bonnyville is the centre of oil field activity and is expanding rapidly. Due to the influx of people there are ample opportunities for growth in the above mentioned product lines. The Town of Bonnyville is located in northeastern Alberta, approximately 240 kilometers (150 miles) from the provincial capital of Edmonton. The Town's motto - "it's Multi-Natural" - refers to the town's celebration of its diverse cultural heritage and rich natural resources. The economy is growing and expanding faster that the provincial average creating employment opportunities in construction, oil and gas, as well as retail sales. As a major service area, the Town serves more than 10,000 people. The Bonnyville market area is strong with a population of 27,000 within 30 minutes driving time, 49,500 within 60 minutes, and 56,500 within 90 minutes. Bonnyville is the HUB for the oil and gas industry with over 60 national and international companies setting up head offices within the Town. This business can also be purchased with a complementing business that operates out of the same building. Please see our Purified Water Store listing as well.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Outstanding, high visibility location!

Market Competition and Expansion:

Outstanding potential for continued growth!

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: