Asking Price € 75,000 business including leasehold + €75k current stock
Highly profitable Hot Tub Business
In 20th year of operations
More than 1000 units sold
Provides sales, installation and service in the area
A fantastic opportunity to purchase a very well established and profitable Hot Tub business that sells, installs and services a range of Hot Tubs and SwimSpas, now entering its 20th year of operations.
The premises are spacious and offer customers a display of up to 11 hot tubs within the showroom and 4 more, plus a SwimSpa on the forecourt. With a total of 36 different hot tub and 12 SwimSpa models available there are products to suit all requirements and budgets.
Currently serving an area within a 150 km radius, a full and comprehensive service is given to each and every client with many coming back when they move or purchase additional properties. The company also services several major rental agencies who encourage their homeowners to include hot tubs on their rental properties. Contacts are also maintained with a range of real estate agencies throughout the area and many referrals are obtained through them.
Over half of all sales are by referral, as customers are very happy, not only with the quality of the products and professionalism of the installation, but also with the after-sales service, as this has always been a priority of the company. Repairs are also performed on all brands of hot tubs, regardless of their origin, so the technical department not only supports itself but also offers another source of income.
A flatbed truck specially fitted for hot tub transport and installation is included in the price as are a large stock of spare parts, chemical products and a range of specialty installation equipment. Supply of chemicals and accessories are also another source of income as hot tub chemicals, unlike pool chemicals, are not universally available.
The business sale includes a fully operational website in Spanish and English that is functional on mobile, desktop and tablet. This site has recently been upgraded and offers a wealth of information about operating and servicing hot tubs and SwimSpas, unlike most spa websites that only offer product information.
In addition to the retail space and included in the monthly rent, there is also a 2-bedroom apartment within the premises with views across avocado groves to the mountains behind. This would prove particularly attractive to those moving into the area and seeking living accommodation. The location is within an easy walk to the town center and beaches.
The vendor is prepared to assist in the handover to the purchaser for an agreed period of time and an English speaking staff engineer will continue indefinitely. This means that the skills required to take over this business would be mostly sales and management experience, as the engineer can run the repair and installation side. Also, given that most sales are conducted in English there is no language problem.
We believe this to be a rare opportunity to take over an established and highly reputable business with few complications.
Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.
Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.