Hot Tub Business in Norfolk for Sale - Top Brands, Profitable, Expanding Customer Base
Undisclosed, Norfolk
- Status
FOR SALE
- Date Submitted:
24/01/22
- Advert ID
289391
- Freehold: Price on Application (Stock at valuation)
- Turnover: £566,728 (£10,899 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Accounts Available
- Close to Local Amenities
- Offers Invited
- Established Business
- With Car Park
- High Turnover
Business Details
HOTTUB BUSINESS FOR SALE HUGE POTENTIAL FOR FURTHER GROWTH
Established hot tub business for sale
The company sells hot tubs from popular brands like Platinum, Sunbeach, and California spas. The current owner has over 20 years of industry experience. It is a profitable business with an increase in turnover year on year. The customer base has been expanding on a good reputation built up over the years.
The showroom/office and storeroom are leased. The business is located on the outer Norwich ring road and is based in an industrial unit approximately 1900 sq. ft. with parking for up to 10 vehicles.
In addition to hot tubs, the company also retails a wide range of chemicals and accessories. There is potential to expand into the growing holiday let market, saunas, swimming pools, gazebos, garden buildings, furniture and other alternative opportunities. It has a big opportunity for further expansion into service and maintenance contracts.
Company valuation includes goodwill, existing customer base. new website, branded (leased) vehicles, and showroom display signage.
Current stock valued at £87,000 VAT which includes hot tubs/swimspa, chemicals and accessories.
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Website
Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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