Listing ID: 76405
With over 40 years in the industry, this swimming pool and spa company has been a leader in both the service and retail sectors. The referral base is so impressive, the company has not had to take on new clients. New pool installations have steadily increased and the demand for service and parts is growing. The business is in a prime position in the market and is poised for continued growth.
Make $277,000 in year one with only a $100,000 down payment!
This business has been lender pre-qualified which means you could own a business cash flowing over $277,000 for only 10% down!
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
- Asking Price: $995,000
- Cash Flow: $277,966
- Gross Revenue: $2,053,775
- EBITDA: N/A
- FF&E: $238,000
- Inventory: $53,000
- Inventory Included: Yes
- Established: 1977
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:15
- Furniture, Fixtures and Equipment:N/A
Commercial building with 3800 sqft
Yes, 4 weeks.
The business was started in 1977, making the business 45 years old.
The deal shall include inventory valued at $53,000, which is included in the requested price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals resolve to sell operating businesses. Nevertheless, the real reason and the one they say to you might be 2 entirely different things. For instance, they might claim "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these may simply be reasons to try to conceal the reality of changing demographics, increased competitors, current reduction in earnings, or an array of other factors. This is why it is very essential that you not count totally on a vendor's word, yet rather, make use of the seller's response combined with your general due diligence. This will paint an extra practical picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses take out loans in order to cover things like inventory, payroll, accounts payable, and so on. Bear in mind that sometimes this can suggest that profit margins are too small. Numerous companies fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that should be fulfilled or might result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location attract new customers? Often times, companies have repeat customers, which develop the core of their day-to-day revenues. Particular factors such as new competition growing up around the location, roadway building, and also staff turnover can affect repeat consumers as well as negatively influence future profits. One vital thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the better the possibility to construct a returning customer base. A final idea is the general location demographics. Is the business placed in a densely inhabited city, or is it located on the edge of town? Just how might the regional mean household earnings effect future revenue prospects?