Incredible Discount, SBA Financing Ready To Go!
Here’s something you don’t hear every day—sales are THRIVING under the “New Normal!”
At a time when many businesses are temporarily shut down, barely making their way, or even permanently closed, this operation is growing at an annual rate of 136% so far this year!
Why is that? What could possibly explain such a booming business during these challenging times?
How about this—an Oregon couple decides that maybe this isn’t the time to get on a plane to visit the family in Ohio. In fact, they may not want to get on a plane at all for a long time. The same goes for that vacation in Hawaii.
Instead, how about making their home more livable, with health benefits to boot? Yes, that sounds good. A hot tub, a spa, even a lap pool—these are things they have thought about for a long time.
Apparently, this is the time…
You’ll be amazed at the growth curve, and even more amazed at the discount from the calculated broker’s price opinion.
After more than 20 years of successful operation, the owners are ready for the next chapter in their lives. It’s as simple as that.
(Truth be told, they aren’t working very hard now, but they are ready to explore new vistas.)
Last year was strong, better than the year before, and there are several opportunities for further expansion that are already laid out.
We just updated the company’s objective market price, and the calculated value came out to be over $1.3 million-plus inventory estimated at approximately $100,000. And this is using an average sales volume over three years. The current year is running at an annualized rate of over $500,000 in seller’s discretionary earnings, or SDE.
Usually, the calculated value becomes the asking price. That’s fair, and it’s market-based. This approach is open-book, and it often results in a full-price offer. But in this case, the asking price is way under the calculated value.
However, the owners are willing to take much less than that—namely, $895,000 plus the owned inventory (approximately $100,000 at this writing), for a currently estimated total of $995,000. The inventory level varies and will be different at the closing date, but still included at seller’s invoice cost.
The only reason this business is even on the market is that the owners are retiring. This is their retirement fund. They understand that you will want some serious transition support, and they are ready to give it. Then, they will be doing whatever they want, wherever they want!
By the way, there’s a committed on-site manager there too, with decades of experience. She knows the business inside and out and she likes her job. So, you wouldn’t have to live in town and be there all the time. Just guide the ship and do what a good owner would do with today’s remarkable online reporting systems.
Top-quality products and services (5-star Google review ranking.) Impeccable building and showroom with a long-term lease at a competitive rate with options. Dominant market position covering a wide area. Incredible growth that seems to be driven in part by the new social conditions.
What’s not to like?.
Post-closing Support? Check!
The owners will commit to a significant period of personal one-on-one support, followed by a lengthy period of online/phone support. In addition, there is an unusual level of support offered by the best-in-class primary vendor (a company with branches in 70 countries, and a regional manager in Portland.)
The primary vendor offers the type of training and ongoing support usually provided by only the best franchise operations. By the way, many of those franchise operations charge a percentage of revenue that can rapidly convert a business into a full-time job. This one doesn’t. They just help, whenever you need it. And they offer training that will give you the comfort you want, so you know you will be able to run the business.
Strong Fundamentals? Check!
Is there anyone who hasn’t heard of the “Age Wave” (the millions of Baby Boomers now at retirement age?) We know that they don’t spend their money frivolously. True, many of them have a significant amount of savings, but they are very careful about how they spend it.
So what do they spend their money on? Interestingly, as one might expect, they spend it on themselves to alleviate the predictable challenges that come with aging. Think aches and pains, for example, and “wellness” products.
This company is squarely in that sector, and better yet it is located in one of the acknowledged “retiree capitals” of Oregon (which also serves Northern California!). I can’t say where until I receive your non-disclosure agreement, but you will recognize it.
It’s just very nice to know that the business you are considering is underpinned by strong fundamental demand; demand that is universally acknowledged to be growing. Even now, the new social changes are taking hold in what appears to be a long-term manner.
So what the heck is this business? Where is it? Can I run it from where I am? What’s the story?
The photo will give you a pretty good idea about what the business is. For the rest of the story, including financial details, please fill out the form to request more information. You will receive an NDA form, and if you’re OK with it, you will receive a ton of information. No pushy sales pitch, just detailed information that will enable you to make an informed decision.
That’s it. Pretty simple, no?
Included in asking price.
Building Square Feet:
High-end showroom with superb display characteristics. Very well located for easy customer accessibility. The building is approximately 10000 square feet.
Growth potential is driven by the continuing “age-wave” pressure. This business is located in a prime area of retirees, one of its major customer profiles. In addition, there is a growing demand for four related products, and the expansion plan details will be described in the information package.
Growth & Expansion:
Growth potential is driven by the continuing “age-wave” pressure. This business is located in a prime area of retirees, its major customer profile. There is a growing demand for four related products, and the expansion plan details will be described in the information package.
Support & Training:
Sellers will provide significant transition support, including a month of hands-on orientation and three months of on-call phone and email assistance. In addition, the major vendor has an extremely robust support program. It’s like having a franchise support system but without having to pay a franchise fee or royalties. Seller will consider an ongoing consulting arrangement at a competitive rate f the buyer wishes.
Reason for Selling:
Licensed in Oregon