Listing Number: 5182-538396
Description
-- Located in Popular Mountain Community
-- 30 Years in Business
-- Hot Tubs and Accessories
Profitable, well-established and profitable hot tub/spa business is for sale in this popular East Tennessee mountain community. The business has been operating for 30 years, establishing long-term relationships and a loyal customer base that includes commercial (management companies, short term rentals) and residential customers. They focus on hot tub sales and accessories. They do offer service for the hot tubs they sell. The income and profits are good year-round. Sales are very strong in 2023 with consistent profit. Repeat customers and referral business for many years. The sellers will effectively transition the business to a new owner.
A hot tub (aka Jacuzzi or Spa) is a large tub full of water used for hydrotherapy, relaxation or pleasure. Some have powerful jets for massage purposes. This East Tennessee business was established in 1993 and is owned and operated by a Mom & Pop team - no employees. Great family business. They sell specific brands of hot tubs and accessories to both residential and commercial property owners.
Leased area includes a free-standing 1600 sq ft storefront and separate 1600 sq ft warehouse / expansion area which is currently receiving a nice facelift.
Hot Tubs are fun and business has been hot! Projections for 2024 may reach $1M! Ideally seeking cash buyer or pre-approved lending terms.
This opportunity is ideal for both first-time buyers and established spa companies seeking to grow through acquisition.
Located in East Tennessee. Location and more information provided after NDA is completed.
Get in touch with Broker today to request the Non-Disclosure Agreement (NDA) and to learn more about this business.
Listing Details
- Price: $595,000
- Down Payment: --
- Sellers Discretionary Earnings: $358,784
- Total Sales: $856,961
- Location: Knox County, Tennessee
- Inventory: $20,000
- FF&E: $0
- Employees: 0
- Year Established: 1993
- Reason for Selling: Retirement
- Category: Pool & Spa Business
