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January 20, 2020

Business For Sale in Hermantown, Minnesota


Property # 1178628 Available $795,000.00


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   Business Information

Business CategoryRetail
Other Businessn.a.
Business NameThe Hot Tub Store
Property Address 14881 Miller Trunk Hwy
Property Address 2n.a.
Property Town/CityHermantown
Property CountySaint Louis
Property StateMinnesota
Property ZIP/Postal Code 55811
MLS #n.a.
Section/Block/Lotn.a.
Zoningn.a.
Building Sq. Ft.3,300
Lot Size Sq. Ft.n.a.
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Established2001
Business Description Northern MN hot tub/pool sales and service. Only one within a 100 mile radius. Premium quality dealer in 3300 sq ft of leased space servicing most makes with good cash flow to owner operator. Owner retiring after 16 years.

Property Description Northern Minnesota
Area DescriptionDuluth-Superior is located on the shores of Lake Superior. A shipping hub in Northern MN.


   Financial Information

Sales Price $$795,000.00
Gross Revenue $$1,000,000.00
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $$238,000.00
Cap Rate0.00%
Year Ending2016
Lease Endsn.a.
Financing/Termscash sale. owner retiring

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