Pool & Spa Service & Retail Co./PriceSlashed

NJ

Seller Financing Available
Pool & Spa Service & Retail Co./PriceSlashed

Asking Price:$399,999

Cash Flow:$180,000

Gross Revenue:$820,000

EBITDA:$95,000

FF&E:$15,000

Inventory:$30,000*

Established:1969

*not included in asking price.

Pool & Spa Service & Retail Co./PriceSlashed

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Business Description

This company is an excellent buy for an individual who wants to enjoy a good income while having the ability to have some personal freedom. At present the company closes from December to March, but a new owner could use that time for new construction opportunities.

The present cash flow allows for reinvestment in helping to find ways to grow the company or just enjoy a comfortable lifestyle.

All the employees know the business well and have been loyal to the company.

The company has excellent relationships with all its various vendors offering the new buyer strong purchasing power.

This company would also be an excellent opportunity for acquisition by another company in the industry for growth in a new market area.

THE OWNERS ARE REALLY READY TO RETIRE AND WANT TO SELL!!

Detailed Information

Inventory:
Not included in asking price
Employees:
5 to 6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Company has one facility which is part of a multi tenant retail strip mall with a total of 1,900 sq. ft.. It is divided up with 1,400 sq.ft. of retail showroom and offices and 500 sq. ft. of warehouse space. The facility also has 300 sq.ft. of outside storage with ample parking spaces for customers. The location has good visibility from the main road and easy access to major arteries and the Garden State Parkway. The facility has a sprinkler system and fire extinguishers. The buildings other retail spaces except one are being used for additional storage space for chemicals and supplies which totals another 1,800 sq.ft.. The facility has full water and sewage with electric AC and electric/oil heat. Company leases the building at present for $2,000 per month. As the tenant you will be responsible for all utilities and any dumpster requirements. Building is available for sale, but separate from sale of business.
Competition:
There are a few competitors in the area, but none have the reputation nor the client base or credibility of this company.
Growth & Expansion:
There are no cons in the area of growth. The company offers excellent growth opportunities depending on how aggressive the new owner wants to be. Growth can be found in new construction, service and renovations. The area itself is still growing which offers new customer opportunities.
Financing:
Available to qualified buyer
Support & Training:
Owner will stay on board to help transition, amount of time to be determined.
Reason for Selling:
Owner's family started business and is ready to retire.

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Alex Mckenzie

Business Listed By:
Alex Mckenzie

The Sterling Advisory Group, LLC

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Sponsoring Broker:
rod sterling

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