30 Year Online Marketer/Manuf. Of Premium Designer Tubs.
Business Description
30 Year National Online Brand. Manufacturer and Online Marketer of Premium, High Design, Free Standing Tubs and Jetted Tubs. 2025 SDE projected at over $400,000 due to cost cutting and other actions. Company has a new technology that is one of a kind in improving skin care while bathing. First of its kind in the world.
Established brand with limited marketing and online systems yet revenues are almost $2M. Company owns the molds and believes their tubs are of a higher quality than those in Home Depot® and Wayfair® with cost similar or lower.
1. Sale includes $840,000 in inventory, FFE of $240,000 with leashold of $48,000 for assets of over $1.1 Million.
2. Company has only recently completed what will be the largest local showroom of over 100 tubs to begin regional marketing to homeowners, builders and designers.
3. Owners are older and have not kept up with the latest e-commerce systems and marketing platforms.
4. Owners have recently begun new cost cutting actions to reduce rents and other expenses.
This would be an ideal opportunity for bath hardware companies needed to manufacture and market their own product to gain control and reduce cost of goods. Online marketing professionals should also consider this opportunity.
For additional information, please fill out and return the NDA that will be sent to you via separate email.
Established brand with limited marketing and online systems yet revenues are almost $2M. Company owns the molds and believes their tubs are of a higher quality than those in Home Depot® and Wayfair® with cost similar or lower.
1. Sale includes $840,000 in inventory, FFE of $240,000 with leashold of $48,000 for assets of over $1.1 Million.
2. Company has only recently completed what will be the largest local showroom of over 100 tubs to begin regional marketing to homeowners, builders and designers.
3. Owners are older and have not kept up with the latest e-commerce systems and marketing platforms.
4. Owners have recently begun new cost cutting actions to reduce rents and other expenses.
This would be an ideal opportunity for bath hardware companies needed to manufacture and market their own product to gain control and reduce cost of goods. Online marketing professionals should also consider this opportunity.
For additional information, please fill out and return the NDA that will be sent to you via separate email.
About the Business
- Years in Operation
- 20
- Number of Employees
- 7
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 15,000
- Rent
- Not Disclosed
- Lease Expiration
- 11/1/2029
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 3 weeks of free training for new Buyer
- Financing Options
- Seller will carry $1M note for 60 months at 9.75% rate
Listing Info
- ID
- 2345179
- Listing Views
- 333
Listing ID: 2345179 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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