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Hot Tub Hire Business

North East & Borders £40,000 Leasehold REF: NE1777

Business Opportunity

Northumbrian Hot Tubs is the leading hot tub hire business in the North East.  Currently operating from Alnwick, this business was established in 2020 and has quickly become the leading player in this market.  

With a dynamic social media presence and excellent customer reviews, the business has gone from strength to strength in a relatively short period of time, however, the current owner has another unrelated commercial venture which he wishes to concentrate on, hence the reluctant sale.

The business originally operated within the local North Northumberland market but quickly, owing to demand, acquired additional hot tubs to expand into South Northumberland and the Newcastle upon Tyne area.  As the business grew, the domain address of Borders Hot Tubs was incorporated and this territory stretches up to Edinburgh and across to Duns. There is a separate Facebook account for this area and bookings are already in place.

Clients include private individuals, families and larger hospitality clients who hire hot tubs for some of their holiday cottage portfolios.  Hire terms are generally 3 to 7 days but can be for as long as a client requires. There are a range of hot tubs available from 2-4, 4-6 and 5-7 persons.  The installation is done by the full-time member of staff and the current owner looks after the bookings and logistics of running the business.  There are bookings in place for 2022 and all this information would be available for prospective buyers to inspect.

This is an unusual business opportunity but one that could generate an immediate return with scope to scale up and expand should a new owner wish.

Fixtures & Fittings

There are currently 25 Lazy Spa hot tubs included together with a selection of spares and ancillary extras, all of which will be included in the sale. 

A fully liveried 2017 Citroen Berlingo van with a private plate (H12 NHT) +is available by separate negotiation.  A full inventory would be made available to bona fide enquiries.

Staff

The business is currently managed by our client with the help of one full time member of staff who does all installations and site visits.

Premises

The business is currently operated from home and the hot tubs and spare parts are stored in a modern industrial unit nearby. The business could be operated from any location. 

The telephone number can be transferred and the website could be quickly adapted should the business be relocated.

Viewings

Strictly by appointment with this office.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

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