Extremely Profitable Hot Tub Sales and Service Business

Business Description

This business has been in operation for over 11 years, building a stellar reputation for providing top-tier sales and service of hot tubs and accessories. The owner, with over 30 years of industry experience, has ensured the company serves a diverse clientele, including homeowners and businesses, through strong vendor agreements with leading suppliers and a network of pre-approved technicians, making it a seamless, turn-key operation for any prospective buyer.

The business boasts a low-risk profile with significant growth opportunities, such as expanding the service and maintenance division, tapping into the growing demand for home leisure products, and increasing market share through strategic marketing initiatives. Financially, the company has demonstrated consistent performance, with impressive annual revenues and profitability.

The current owners, looking to retire, present this as an ideal opportunity for a new owner to take the reins and drive the business to new heights. This thriving business offers a perfect chance to enter an ever-expanding industry with a solid foundation and a loyal customer base, making it a highly attractive investment opportunity. Don’t miss out on this chance to own a flourishing enterprise with robust growth potential and a proven track record of success.

Details

Business ID: GUEL0052
Business Category: Miscellaneous Store Retailers
Location: Ontario, Southwestern Ontario, Southwestern Ontario

Status: New

Company Information

Year Established: 2012
Franchise: No
Number of Employees: 13

Financial Information

Asking Price: $ 3,700,000
Gross Revenue: $ 5,640,551
SDE: $ 910,216
FF&E (included): $ 498,666
Inventory: $ 1,186,513
EBITDA: $ 810,216
Down payment: On request
Occupancy Cost: On request

Business Presented By
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