For Sale
Well respected Hot Tub hire business for sale
Leeds, West Yorkshire
- Asking Price: £79,999
-
Turnover:
We are advised as per the 2020 - 2021 accounts, the business generated a turnover in the region of £207,000, with a net profit in the region of £133,000. Full financials can be made available upon further request.
Please quote reference B06299
- Tenure: Leasehold
Please quote reference B06299
CoGoGo welcomes to the market Spa Hire Leeds Ltd. Our client has reluctantly made the decision to sell the business due to an unfortunate change in health and therefore is looking for a quick sale.
Spa Hire Leeds Ltd supply Hot Tubs, Gazebos, Candy Floss and Popcorn Machines, bubble machines, Bluetooth music systems with microphones and lots more, throughout Yorkshire.
The business currently has their services covering a large area of Yorkshire, but this could be relocated or expanded to suit new owners preferences.
Spa Hire Leeds Ltd is a trusted company by many events companies throughout Yorkshire, and also Hotel and Guest house companies.
The business has lots of scope for development, Spa Hire Leeds Ltd is the biggest hot tub hire company in Yorkshire who own more sets of equipment and do more hires in 12 months than any other competitor, but still with room for more work for example increase the Google budget to get even more coverage, buy any other small hot tub companies, do leaflet drops on targeted areas.
The sale of the business includes all the stock. A full breakdown can be made available upon further request.
If required 1 van is available as a separate sale.
The success of Spa Hire Leeds Ltd is solely based on the equipment they provide which is Intex pure spa - these hot tubs are for the hire market lots of little companies out there use imitation lazy spa, easy spa etc, when our clients’ customers see Spa hire Leeds Ltd equipment that is when they know this is a professional business.
The level of cleanliness is extremely high, all their equipment is sterilized after every use and looking like new before it leaves the premises. Finally, our client has never taken a booking and not honoured it! And prides himself on never letting anyone down, these facts above are the reason that everyone in the industry recognizes and accepts that Spa Hire Leeds Ltd is the largest and most efficient hot tub hire company in Yorkshire,
CoGoGo advises any potential buyers to go to Google reviews and have a look at the 130 reviews at the moment.
We are advised that the business has one full-time and one part-time members of staff.
Business opening hours can vary to suit your lifestyle.
Potentially relocatable business currently based in Yorkshire.
The workshop has LED lighting, gas bottle rocket heater, burglar alarm, CCTV covering the whole area, security van 24 hours doing patrols, washroom area inside the workshop, 3 phase Electric, lockable gates to the industrial park.
Scope for alteration inside the workshop could be fully racked out an office could be built inside the workshop; a mezzanine floor could be added.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a rolling lease. The rent is £481 per month.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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