Sales, Installations, Servicing, Repairs & Valeting of Hot Tubs and Spas - Wadebridge, North Cornwall
Price : £265,000
Business Reference No. 12770
- Established and very profitable business
- Excellent name and reputation
- Little need for much marketing support to promote business – able to rely heavily on recommendations and repeat trade
- Fast expanding customer demand for post-sale services (which is leading to a sharp rise in profit margins!)
- Turnover £500,000 (adjusted Net Profit £150,000)
- Valeting services in relation to hot tubs at holiday lettings properties – a rapidly expanding market – proving to be very lucrative
- Real scope for significant further business development
- Reliable, loyal and well-trained staff
- BISHTA membership
- Retirement sale
- Current owners willing to provide some training, help and advice to ensure a smooth handover of the business into new ownership
THE BUSINESS : Established by husband and wife directors/shareholders in 2012, the subject company’s business is mainly based on the following trade:-
- sales from a large showroom
- deliveries/installation and after-sales care
- servicing and repairs
- a valeting service for hot tubs and spas installed at holiday let properties
Based on the trade during the latest financial year (to 31st March 2023) the total income was derived as follows :-
Major product sales | : approx. 66% of total turnover |
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