Hot Tub Service Business, 110% Growth over 8-years

Not Disclosed, MD


Asking Price: Annual Revenue:
$800,000 $335,764

Retail: Pool Sales, Supplies & Services


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RE: Hot Tub Service Business, 110% Growth over 8-years Broker: Steve Palmer
Owner Financing is Available!

Quick Facts

Asking Price: $800,000
Annual Revenue: $335,764
Net Profit: Not Disclosed
Cash Flow: $118,599
Total Debt: Not Disclosed
FF&E: $7,850
Real Estate: Not Disclosed
Year Established: 2013
Employees: 1
BBN Listing #: 48662708
Broker Reference #: 3122021-665131

Email or Print Listing

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Business Overview:

This profitable, highly rated, and growing spa and pool service and repair business is perfect for the mechanically-minded entrepreneur. This business services a niche industry, has built a loyal customer base, and is impeccably well reviewed. And, it has ridden that customer base and those good reviews to a 40% revenue spike since 2019!

To succeed here, the buyer will need a commitment to customer service and working knowledge of plumbing and electricity. This is perfect for first time business owners or absentee ownership and the founder is willing to stay on to help with sales and the training of new staff.

New ownership can put their stamp on this business and drive growth in two specific areas. One, through the establishment of a brick-and-mortar storefront focusing on expanding sales of the company’s Viking Spa Dealership. And two, through the establishment of a franchise. The need for its services and its brand recognition is strong throughout the country as current ownership routinely receives service request calls from states outside its service area; including Missouri, Washington state, North Carolina, and South Carolina.
The business opened in 2014, and revenue has grown steadily since. 2021 revenue is projected to be over 110% higher than 2014, and 36% higher than pre-COVID times.
Avenues of potential growth include adding more crews to cover the current territory (there is currently a 3 week wait period for services, so the demand is there) as well as turning this business from a local services-based business into a national franchise.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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