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Established Hot Tub Retail Business in Clackmannanshire, Scotland for Sale

Undisclosed, Clackmannanshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    24/01/24

  • Advert ID

    605533

  • Reference

    50314 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £900,000
  • Turnover: £1,585,848 (£30,497 Per week)
  • Net Profit: Not Applicable

Business Details

Hot Tub Retailer Scotland

Turnover of £963k for year-end Dec 2022 with adjusted EBITDA of over £188k
Floating Stock of £250k+ included in sale value
The business offers hot tubs, swim spas and accessories required to maintain products across two locations.
Service work is also conducted including install and maintenance of products, with this totalling c. 35% of income.
Well-established having operated in the sector for over 15 years.
Products are sent and serviced across all of Scotland with accessories delivered to England.
Over 2,000 total active clients with a 20% commercial to an 80% domestic split.

Kings Corporate are delighted to present Project Donatello a hot tub retailers with two locations in Scotland. The business is well-established and offers hot tub products and servicing across the region. The vendors now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a leasehold basis. Ref: 50314
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Stay Safe

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.

Stay Safe

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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The data showed regarding this advert 'Hot Tub Retailer Scotland - 50314 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.