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Profitable Pool and Spa business including Real Estate!

Central Maine, Maine (Somerset County)

Construction - Special Trades | Services - Amusement & Recreation

Asking Price $525,000 Inventory $179,151* 
Gross Income $559,547 Real Estate $280,000* 
Cash Flow $117,253 Year Established 1983
FF&E $118,617* Employees 9

* included in the asking price

** not included in the asking price

Platinum Partners Group is pleased to offer this wonderful business opportunity with real estate and plenty of room for sales growth and growing profits. This company has a stellar reputation in their marketplace for the services they provide. They have both retail operations selling Pool and Spa Equipment and supplies as well as installation operations to setup and deliver in-ground pools, above ground pools, and spas. With a new owner to bring new energy, there are so many areas for growth and expansion that it makes for a very appealing opportunity, and at the current price is priced to sell and make a very strong return for the investor.

Facilities: The business is housed in a new building located on over 4 acres along a very busy state road. The facility includes 2,400 SF of warehouse space with a hi-bay overhead entry, 1,000 SF of Mezzanine storage and an attached 2,000 SF retail sales and showroom area.

Competition: There is virtually no competition in the area, and those close by subcontract most of their work and as a result quality is not as good as this seller's, and their reputation reflects that. Good size markets like Farmington, Waterville, Augusta and even Bangor have plenty of room for this co. This company has been successful for this long as a result of their quality and that's how they've stayed ahead of the competition. They install quality, stand behind it, which bring plenty of referral business.

Growth/Expansion: The growth opportunities are significant. With new creative energy, new owners could increase advertising to promote weekly specials on Spas and accessories, and could add to the accessory line with items such as deck furniture, etc. New owners could also increase the service radius, Bangor, Augusta, Lewiston, etc. There are also many service offerings that a new owner could add and expand upon. Among those could be: * Landscaping and stone work around the pools they install * Water Delivery * Cleaning and Service Contracts There are many options

Financing: This business has been SBA pre-qualified!

Support/Training: The seller will help train the new owner. Current employees are also very capable of contributing to the training needs of the new owner.

Reason Selling: Retirement

Business For Sale By

Matt Paradis

207-510-1321

Platinum Partners Group

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