Asking Price
Business valuation: $1,200,000
Real estate appraisal: $1,700,000
Total package: $2,900,000
Fast‑sale price: $2,500,000 (for qualified buyers ready to move quickly)
Overview
A rare opportunity to acquire a fully established barrel‑sauna, cedar hot tub, sleeping barrel manufacturing company PLUS a high‑value real estate portfolio generating $5,600/month in rental income. This is a share sale including land, buildings, equipment, brand, and operations. Seller financing is now available for qualified buyers.
The seller is 72 years old and ready to retire. He is willing to stay on for 6 months full‑time, with the option to continue part‑time if desired.
Included in the Sale
1. Primary Property – 2 Acres (Appraised at $1.7M)
Upper & lower duplex and small shop generating $5,600/month
4‑bedroom rancher (owner residence)
1,400 sq ft showroom + office
2,000 sq ft shop (leased)
All located on the same property with separate zonings.
2. Parksville Manufacturing Shops (Lease Expense)
Two fully equipped shops 10 miles from the showroom and residence property
Shop lease cost: $15,000/month (paid by the business)
Includes hundreds of thousands of dollars in tools
Recently added CNC overhead router
Strong production capacity and established workflow
3. Barrel Sauna Manufacturing Business
Established brand with strong market recognition
Proven production systems
Repeat customers and consistent demand
Includes all intellectual property, designs, and operational assets
NOT an asset sale — this is a share sale only
NOT selling parts or pieces over time
No business assets will be used as security for financing
Financial Highlights
Rental income: $5,600/month
Primary property appraisal: $1.7M
Parksville shop lease expense: $15,000/month
Turnkey operation with significant equipment value
Strong manufacturing infrastructure already in place
Seller Financing (VTB) Terms
Seller financing is now available for qualified buyers:
$1,000,000 down payment
Seller pays out the existing mortgage
Vendor Take‑Back (VTB) offered
Interest‑only payments for the first year at 4.5%
Interest payments equal the rental income from the property
No business assets will be used as security
A few small adjustments may apply, but nothing major
The property’s rental income fully covers the financing payments, making the real‑estate portion cash‑flow neutral. The operating business continues to carry its existing $15,000/month lease, which is supported by current revenue.
Seller Involvement
Seller is 72 and ready to retire
Will stay on 6 months full‑time
Optional part‑time extension available
Smooth transition guaranteed
Strict Buyer Requirements
To ensure serious inquiries only, the following applies:
Do NOT ask to see financials until you have proven you meet the minimum requirement
Proof of funds for the $1M down payment is required before any financials are shared
Basic background on your business experience
Confirmation you understand this is a share sale
Confirmation you understand no asset sale and no piecemeal sale
Timeline for purchase
These conditions are firm.
Contact
Serious buyers only.
Please reach out to discuss details, arrange a viewing, or request a qualification checklist.
