In 2018, Tim White and his wife, Libby, took ownership of Aqua Vita Spas, the leading hot tub dealer and service provider in Steamboat Springs, Colorado. As president, White concentrated on enhancing the valet and service departments, ensuring customers received top tier care and support.
As part of our succession planning series, here’s a look at what happens when an outside buyer successfully purchases a hot tub business.
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.