PVC gutter & (VGBA) sump grate maker for commercial swimming pools

Fort Lauderdale, FL (Broward County) (Relocatable)

PVC gutter & (VGBA) sump grate maker for commercial swimming pools
Contact Seller

Asking Price: $550,000

Cash Flow: $222,190

Gross Revenue: $567,319

EBITDA: $152,190

FF&E: N/A

Inventory: $50,000

Rent: $2,062 /Month

Established: 1979

PVC gutter & (VGBA) sump grate maker for commercial swimming pools

Save Print Share Valuation Report

Business Description

Manufacturer of custom PVC gutter grates and VGBA-compliant sump grates for water parks, resorts and large-scale swimming pools. Well known brand with 30+ years of industry relationships and 80% repeat business in 2017. Company's sump grates are specified, by name, by the largest water park architect in the world.

As of August 2018, the Company has $300K in approved customer PO's and $500K in open quotes. A fall 2018 asset sale would include up to $150K in customer deposit cash.

Company has been operated by a single part-time (25 hours per week) owner for several years. Substantial opportunities for a strategic buyer in the aquatics industry or committed owner/operator to leverage the brand and industry relationships for growth.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
N/A
Employees:
1
Facilities:
2,200 SF shop & office + 1,000 SF of shared shipping space. Includes custom PVC texturing equipment, ultrasonic welders, riveting station, assembly jigs and other cutting and drilling tools.
Competition:
The Company is the only manufacturer of custom VGBA-compliant sump grates in the U.S. which allows them to provide complimentary grating and other products. Most competitors are large integrated aquatic component manufacturers who provide standard grates from injection molded plastic or metal. The Company competes successfully against these competitors by offering customization and by leveraging its North American supply chain to respond quickly to customer requirements.
Growth & Expansion:
The Company has been managed by a single owner working an average of 25 hours/week. There are many opportunities to market more aggressively and to leverage The Company's unique position in the industry to offer additional products.
Support & Training:
Owner/operator will provide training and support through a transition. Landlord is also a part owner and he will extend lease and provide on-going support.
Reason for Selling:
Owner is pursuing other opportunities.
Contact Seller

Contact the Seller

Contact Seller Loading

Bryan Ducharme

Business Listed By:
Bryan Ducharme

Venture 7 Advisors LLC

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1476578 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings