Since acquiring the company many years ago, the current owners have grown and upgraded the business into the top line operation that exists today. Operating from two locations strategically situated within the assigned territories, the business sells and services top of the line hot tubs, spas, chemicals and related products and provides exclusive service to those customers who have purchased a unit over the years. The company currently has over 3,000 customers in their database who continue to purchase chemicals and rely on the company for service when needed. As a dealer for two major brands of hot tubs, the company benefits from national advertising and name recognition of these particular lines as well as an ongoing local marketing program to generate business. The dedication to quality service is what sets this company apart from competitors and would make a strong addition to another regional hot tub dealer or service company. A unique opportunity to acquire a strong company with a solid product history and reputation. Sellers will consider all proposals for merger or acquisition.
Industry
Chemicals, Entertainment and Leisure, Health and Medical, Home and Garden, Personal, Retail Stores
Segment
Hot Tub Retail Sales
Asking Price
$695,000.00
Ref ID
TSA22-SWS08
Established
0
# of Employees
4
Full Time Employees
3
Part Time Employees
1
Gross Revenue
$1,350,000.00
Cash Flow Type
Seller's Discretionary Earnings
Cash Flow
$135,000.00
Other Value
$0.00
FF&E
$200.00
AP/AR
$0.00
Real Estate in Asking
No
Inventory in Asking
Yes
Inventory
$75,000 of parts/supplies inventory included in asking price. Whole goods inventory such as new hot tubs to be in addition to the asking price.
Equipment
The equipment is in good condition for current operations with no anticipated capital expenditures in the near future.
Real Estate
Operating from two locations, the company leases each store from a related party.
Facilities
The main location is a 10,000 SF building, comprised of 7,000 SF of retail and showroom, plus 3,000 SF of storage and warehouse area, located on a major highway with excellent visibility. The second store is a 2,400 SF building, comprised of retail and showroom with offices and a small storage section. This store is located close to a major highway on a highly traveled adjacent county road.
