Seller's Contact Information

  • RE:  Profitable Retail Spa And Hot Tub Business
  • Contact:  Sheila Hansen

Quick Facts

Asking Price: $595,000
Annual Revenue: $856,961
Net Profit: Not Disclosed
Cash Flow: $358,784
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1993
Employees: Not Disclosed
BBN Listing #: 825554611
Broker Reference #: 5182-538396

Email or Print Listing

Business Overview:

-- 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.

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Property Features and Assets:

Monthly Rent: $4,000.00

Square Units (Foot, Meter): 3,200

Terms Options: Good lease terms available.

Facilities: Concrete/brick/stone store and separate steel building/warehouse. 1,600 square feet each for a total of 3,200 square feet.

FF&E Overview: Consists of typical shelving and storage, front counter, cash register, and a forklift for moving hot tubs around.

FF&E General Condition: Good

Market Competition and Expansion:

Potential Growth: With additional property to expand current operations, there is room to increase product line or store ready-to-go hot tubs. Additional growth can be achieved by building a website, adding social media accounts, and advertising. Sellers have been operating via word-of-mouth for many years.

 

Competitive Overview: A few other hot tub businesses in the area, but enough business to go around.

Reason for Selling:

Retirement

Additional Details:

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

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