Seller's Contact Information
- RE: Profitable Spa Retailer
- Contact: Tony Gonzales
Quick Facts
Asking Price: | $995,000 | |
Annual Revenue: | $3,300,000 | |
Net Profit: | $480,000 | |
Cash Flow: | $480,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1991 | |
Employees: | 8 | |
BBN Listing #: | 956128597 | |
Broker Reference #: | 11473 |
Business Overview:
Great opportunity to acquire an established and profitable Spa and Swim Spa retail business. This business has exclusive rights to well known products that cannot be purchased at any other location in the valley. This business has been in the same central store location for over 20 years and has sold over 14,000 spas to customers all over the valley. Overhead is low as it is operated at one central retail location. The business model has been Special Large Sales Events at the store location as well as off-site events. As a complement to the retail location, the business has a large warehouse on a 1 acre fenced secure property zoned A1 industrial. Delivery is handled by in house delivery crew but any wiring, concrete, or other prep work is outsourced. The seller has been in the business for 40 years and is ready to retire. This is a very profitable business with great revenue and margins. The store and warehouse can be purchased separately or the seller will create multi-year leases for a new owner. The store is located on a major North Phoenix intersection where an estimated 100,000 cars pass through daily. Asking price does not include working capital or Inventory which fluctuates between $200,000 and $300,000. SERIOUS INQUIRIES ONLY PLEASE. All inquiring parties will be required to complete a confidentiality agreement before receiving any additional information.
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Property Features and Assets:
2,000 square feet and 8,250 square feet.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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