Price: $3,700,000
Location: Southwest Ontario
Province: Ontario
Industry: Retail
This business has been in operation for over 11 years, building a stellar reputation for providing top-tier sales and service of hot tubs and accessories. The owner, with over 30 years of industry experience, has ensured the company serves a diverse clientele, including homeowners and businesses, through strong vendor agreements with leading suppliers and a network of pre-approved technicians, making it a seamless, turn-key operation for any prospective buyer.
The business boasts a low-risk profile with significant growth opportunities, such as expanding the service and maintenance division, tapping into the growing demand for home leisure products, and increasing market share through strategic marketing initiatives. Financially, the company has demonstrated consistent performance, with impressive annual revenues and profitability.
The current owners, looking to retire, present this as an ideal opportunity for a new owner to take the reins and drive the business to new heights. This thriving business offers a perfect chance to enter an ever-expanding industry with a solid foundation and a loyal customer base, making it a highly attractive investment opportunity. Don’t miss out on this chance to own a flourishing enterprise with robust growth potential and a proven track record of success.
Total Sales: $5,640,551
Cash Flow: $910,216
EBITDA: $810,216
FFE: $498,666
FFE Included: Yes
Inventory: $1,186,513
Inventory Included: Yes
Year Established: 2012
Employees: 13
Reason For Sale: Retirement
Training & Support: Available