Luxury Leisure Product Dealer

Not Disclosed, MI

Northern Michigan


Asking Price: Annual Revenue:
Not Disclosed $7,149,415

Retail: Home Furniture & Furnishings


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RE: Luxury Leisure Product Dealer Broker: Calder Capital
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $7,149,415
Net Profit: Not Disclosed
Cash Flow: $484,080
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,805,000
Year Established: Not Disclosed
Employees: 28
BBN Listing #: 550245079
Broker Reference #: 177

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Business Overview:

Established 40+ years ago, the Company is a multi-location leisure product dealer based in Northern Michigan, offering products including hot tubs, grills, fireplaces, and game tables. The Company is an authorized dealer for many of the leading brands in each of these categories. In addition to the sale of these products, the Company offers a service and installation team to its customers which accounts for approximately 15% of total sales. The Company has a strong management team in place which reduces the overall reliance on the owner.

Throughout its history, the Company has expanded its footprint and currently serves the majority of Northern Michigan. The Company’s primary target market consists of consumers with discretionary spending ability who are located in the surrounding areas of its facilities, and who are unlikely to be affected by a recession. Over recent years, the Company has seen steady growth, which is expected to continue as it implements new products and expands its service department.

The Company was founded 40+ years ago by the owner, who has operated the Business ever since. The owner works ~40 hours a week half of the year, and approximately 10 hours per week, during the slower season. The owner is seeking to transition out of the Company to enjoy retirement. The owner is willing to provide customary transition assistance following the completion of a transaction.

The Company operates out of two facilities totaling 50,000 square feet, with an estimated value of $1,805,000. Ownership is open to discussions surrounding the sale or lease of the facilities.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please contact us.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

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Property Features and Assets:

49,692 square feet between its two separate facilities. The facilities are maintained in good condition. Ownership is open to discussions surrounding the sale or lease of the facilities.

Market Competition and Expansion:

Investment Highlights Include: 1. Experienced and Motivated Staff 2. Company Reputation 3. Leading Brand Representation 4. Well Developed Website Growth Opportunities Include: 1. Geographic Expansion 2. Online Sales Growth

Reason for Selling:

Ownership would like to pursue retirement.

Additional Details:

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

Relevant Links:

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