Profitable Pool/spa retailer .builder

Murrysville, PA (Westmoreland County)

Seller Financing Available
Profitable Pool/spa retailer .builder
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Asking Price: $619,000

Cash Flow: $212,461

Gross Revenue: $1,600,000

EBITDA: $163,917

FF&E: $175,000

Inventory: $99,000*

Rent: $2,478 /Month

Established: 1982

*not included in asking price.

Profitable Pool/spa retailer .builder

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Business Description

This a very stable , predictable business in a growing stable industry .The compnay has 7 distinct and separate income streams.

1- Inground pool construction .Company builds vinyl liner pools.
2- Sell above ground pools.
3- Sell hot tubs and spas.
4- Pool cleaning /maintenance of pools.
5- Replacement / repair of pool equipment
6- Retail store - chemical sales, all othe items for pools.
7-Opening and closing pools with winter covers.

This compnay has grown it's profit's 31 % in the last 3 pool seasons. Very experienced/longterm employees. This is a great opportunity for someone to step into a very well established and well regraded company. Good records to back up the information we will provide.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,916
Lease Expiration:
9/30/2020
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
There is a 5,000 sq ft fenced in storage yard. The building has a 1,512 sq ft retail showroom , , 3 offices that total 586 sq ft and an 818 sq ft warehouse .Brick and frame building .
Competition:
There is competition that has been in place for many years and there is a level of equilibrium in marketplace. The company is involved selling above ground pools , hot tubs , spas ,build vinyl liner inground pools and also a traditional brick and mortar retail store .Also there is a service department that maintains pools, repairs equipment and closes and open pools. This company has increased it's profits by 31 % in last 3 pool seasons.
Growth & Expansion:
The potential to grow the business is in a number of areas. One is to develop the maintenance part of the business(pool cleaning) .which is the fastest growing segment of pool industry . Also there are great opportunities to expand in vinyl liner replacement . The ability to also grow the internet part of the business is there. The pool/spa industry has more demand now than anytime in the last 10 years and is on a predicable growth curve. Business is stable, predictable and has lot's of upside.
Support & Training:
The seller is very willing to develop a comprehensive training program. A key part of training will be provided by 3 key employees who average 20 years at the company and they have fantastic industry knowledge .
Reason for Selling:
Retirement .
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Contact the Seller

(from currently available funds)
 
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Ana Sterling

Business Listed By:
Ana Sterling

The Sterling Advisory Group, LLC

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Sponsoring Broker:
Rod Sterling

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