- April 22, 2020
- Posted by: Waldon
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| Company Name | Delights Hot Springs Resort |
|---|---|
| Contact Name | Stephen McNeal |
| Contact Email | Email hidden; Javascript is required. |
| Contact Phone | (317) 850-0004 |
| Opportunity Name | Resort |
| Location of Business | 368 Tecopa Hot Springs Rd. Tecopa Ca. 92389 |
| When was the business started? | 1950 |
| What is the business most known for? | Hot Water |
| Who is/are owner/owners? | Stephen and Sandra McNeal |
| Why sell the business? | Retired |
| Are you looking to recapitalize the business by selling a majority stake to aggressively take the business to next level? | No |
| Who will remain on the ownership level? | No one |
| Is the owner(s) planning to stay around? If so, what is their thinking? | No |
| What is the maturity level of the business? | Post Revenue and Profitable |
| EBITDA or Profit for same period | $600,000 |
| Trailing 12 Month Revenue | $1,000,000 |
| Trailing 12 Month EBITA | $300,000 |
| Any significant debt on the business? | None |
| Why did the business start? | Hot water springs |
| Why did the business start? | Hot water springs |
| How did business get to where it is at? | World renowned hot springs. |
| Aggregations or Organic growth? | Business is growing every day. |
| Any tailwinds or headwinds facing business/sector? | No |
| Sector insights from owner and what the opportunity going forward with new owner might look like? | Building a new Hotel. This is 40 acres. |
| What is the unique story of business -- how is it different then their competition –what makes them better/worse? | It’s probably the best Hot Water in the USA or world. |
| Provide any additional notes, information or data that supports this opportunity | Across the street from Deathvalley National park. 75 miles from Las Vegas. |
| Date Created | February 9, 2023 |
| Date Updated | February 9, 2023 |