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Established Hot Tub Store In Spectacular Fernie For Sale

Fernie, British Columbia
Asking Price:
$500K - $1M (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$100K - $250K (CAD)

Established Sundance Spas Biz-Fernie, BC

An established Hot Tub business and the 4,000 sq.ft. building that it operates in are for sale as a package. The advantage of owning the building is that you do not have a landlord, therefore no rent increases or issues forever, and it solidifies your investment. Commercial Real estate continues to increase in value in Fernie.

The business: Snow Valley Spa & Leisure (SVS&L) and its predecessor Alpine Spa and Leisure has been in operation for 22 years and the business is well established in Fernie and the East Kootenay region of BC as the preeminent supplier of new hot tubs (spas) along with the related products for water treatment and regular maintenance of hot tubs. SVS&L has over 95 monthly service agreements for private spas. SVS&L is the exclusive dealer of Sundance Spas and also sells and installs over 50 new and used hot tubs each year, which increases the install base for maintenance agreement.

The building: 4,000 square foot steel building on a 60 x 120 lot with ample parking, that serves as a showroom for 6 hot tubs as well as the offices, storage and maintenance facility. Storage could be moved into the back yard of the building allowing for a second (rentable) tenant space (retail store front or offices) to be created if you wish.
Building, hot tub business, brand, the complete operating inventory and rolling stock of six vehicles, spa dolly trailer and fork-lift, asking $945,000. OBO.

Property information

Real Estate:

Real Property Included

Living Accommodation:

N/A

Location:

Business District in Fernie, B.C. just off of Highway 3

Premises Details:

4000 Sq Ft Steel Building Upgraded Showroom, Warehouse & Equipment Storage

Size in square feet:
4,000
Planning Consent:

Service Commercial

Business Operation

Expansion Potential:

Town is growing with many people moving here from Calgary, AB.

Competition / Market:

100 KM away

Reasons for selling:

Owner wishes to semi-retire

Trading hours:

Monday: 10:00am - 5:30pm
Tuesday: 10:00am - 5:30pm
Wednesday: 10:00am - 5:30pm
Thursday: 10:00am - 5:30pm
Friday: 10:00am - 5:30pm
Saturday: 12:00pm - 5:00pm
Sundays & Stat Holidays: Closed

Employees:
6 Full Time, 2 PT
Years established:
22

Other Information

Support & training:

Owner is willing to stay on and provide training as required.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

To be discussed

Furniture / Fixtures value:
$45,000 (CAD) - included in the asking price
Inventory / Stock value:
$40,000 (CAD) - included in the asking price
Website:
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