Boldly Buying
As part of our succession planning series, here’s a look at what happens when an outside buyer successfully purchases a hot tub business.
A Look at Internal Succession
Ah, retirement. It’s a bittersweet word for longtime business owners to think about. But how do owners leave a business they’ve dedicated decades to? Internal succession, selling to an employee, is one popular route.
The ESOP Exit Plan
Random Thursday night dinners are how ESOPs happen. At least, that’s what Vince Wuebker, owner of HotSpring Spas & Pool Tables 2, will tell you.
Endless Pools: A Party Tub for the Family
Endless Pools’ R220 swim spa is the ideal 12-foot family-friendly pool, designed for playful fun and memorable poolside parties.
Spa Industry Spotlight
As one retailer put it, these are “very wonky times” for the spa industry. Between mergers and acquisitions, demand decreases and economic concerns, the industry is trying to find its new normal as manufacturers and retailers prepare for the next 18 months.
Multiplicity
Since the explosive demand for spas started in 2020, many retailers grew their businesses enough that they needed to expand to multiple locations.
A Whirl Around the World
It’s no secret the hot tub market has a global reach. Our insights from six continents indicate customers — no matter where they’re from — generally want the same experience: excellent customer service, relaxation at home and a brand they can trust that will last for years.
Getting Pumped
Due to economic turmoil and the European energy crisis, spa manufacturers and retailers are looking at heat pump options a lot more closely.
Digital Growth
Without a doubt, e-commerce is still hot as ever in the spa industry. When the pandemic forced nationwide shutdowns in…
Quiet, Then Chaos
“Who is the maddest?” In the beginning of the pandemic, David Isaacs, owner of Isaacs Pools & Spas and Bullfrog…
Major Merger
Two hot tub giants have united. On January 25, Monomoy Capital Partners, a middle-market private investment firm focused on operational…
Going Bigger
Manufacturers are staying proactive with expansion plans designed to speed production and streamline processes. From additional work shifts to building…