Listing ID: 80539
Rare route in high income area. Very clustered accounts. Accounts transfer guaranteed thru escrow. 30 residential pool service accounts $4,800.00 recurring monthly plus extra income from filter cleans and other maintenance income. Home base. Route originally purchase thru us. Call the #1 Pool Route Broker for 46 years. Pool Route Brokers 1-800-772-6002
- Asking Price: $57,600
- Cash Flow: $5,800
- Gross Revenue: $69,600
- EBITDA: $60,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2010
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Owner will provide training and consulting, plus all accounts guaranteed to transfer thru escrow.
This Business Is Home Based
The company was started in 2010, making the business 12 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons people decide to sell businesses. However, the real reason and the one they tell you may be 2 completely different things. As an example, they might claim "I have too many other commitments" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may just be reasons to attempt to conceal the reality of altering demographics, increased competition, recent reduction in revenues, or an array of other reasons. This is why it is very crucial that you not depend totally on a vendor's word, however rather, use the vendor's response along with your overall due diligence. This will paint a more practical image of the business's current situation.
Existing Debts and Future Obligations
If the current business is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Many businesses take out loans so as to cover things such as supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can mean that revenue margins are too thin. Numerous organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that have to be satisfied or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location draw in brand-new clients? Most times, operating businesses have repeat clients, which form the core of their everyday revenues. Particular elements such as brand-new competition growing up around the location, road building, and staff turn over can influence repeat customers and adversely affect future incomes. One vital thing to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business regularly, the greater the chance to build a returning customer base. A last thought is the general location demographics. Is the business placed in a densely populated city, or is it situated on the outside border of town? How might the regional median home earnings effect future revenue prospects?