Business Overview

Opportunity to be part of one of the hottest retail sales and service market
segments. This is a well-established retailer of above ground and in ground pools; spas; related chemicals/parts and services. This company receives referral and repeat customer business by exceling at satisfying customers with product selection, installation and continuing service. As a result, they have built a very successful business over the past 40 years, but the owner is now looking to retire.

There are several opportunities for growth and evolution to build upon the momentum of at home entertainment and activity. Excellent acquisition of an additional location for an existing operator in this industry, a construction contractor or any savvy business owner/operator.

Financial

  • Asking Price: $475,000
  • Cash Flow: N/A
  • Gross Revenue: $540,380
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1977

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:26,400
  • Lot Size:N/A
  • Total Number of Employees:12
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Multiple parcels and buildings included.

Is Support & Training Included:

Owner will train for a smooth transition.

Purpose For Selling:

Retirement

Additional Info

The business was founded in 1977, making the business 45 years old.

The business has 12 employees and is situated in a building with estimated square footage of 26,400 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals choose to sell companies. Nevertheless, the real reason vs the one they say to you may be 2 completely different things. For instance, they may say "I have way too many other obligations" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might simply be reasons to try to hide the reality of altering demographics, increased competition, recent reduction in incomes, or a variety of other factors. This is why it is very crucial that you not depend totally on a seller's word, yet instead, use the seller's solution along with your general due diligence. This will repaint an extra sensible picture of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Many businesses borrow money so as to cover things like inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can suggest that revenue margins are too tight. Numerous companies fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that need to be satisfied or might result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location draw in new consumers? Many times, businesses have repeat customers, which create the core of their daily earnings. Certain variables such as new competition sprouting up around the area, road building and construction, and personnel turn over can impact repeat clients and also adversely affect future profits. One essential thing to consider is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the better the possibility to develop a returning client base. A last thought is the general location demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? How might the local mean home earnings impact future earnings prospects?