Luxury Leisure Product Dealer – Northern Michigan

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.

Luxury Leisure Product Dealer

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 facility.

Financial Information

TTM October 31, 2022 Revenue: $7,149,415

TTM October 31, 2022 Cash Flow: $484,080 (SDE)

October 31, 2022 Inventory: $2,057,925

Estimated Real Estate Value: $1,805,000

Additional Information

Number of Employees: 27

Facilities: 50,000 square feet split between two facilities. The facilities are maintained in good condition.

Support/Training: Ownership is willing and able to provide reasonable and customary transition assistance following the completion of a transaction.

Reasons for Selling: Ownership would like to transition out of the Business to pursue retirement.

Investment Highlights

(1) Experienced and Motivated Staff

(2) Company Reputation

(3) Leading Brand Representation

(4) Well Developed Website

Growth Opportunities

(1) Geographic Expansion

(2) Online Sales Growth

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Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact [email protected] with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Enquire today about this Multi-Location Leisure Product Dealer for sale!

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Financial Performance

  • TTM Oct 2022 Revenue


  • TTM Oct 2022 SDE


  • Real Estate Value


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