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BUSINESS FOR SALE - PROFILE #  41720047

Profitable Pool and Spa Business
Coastal North Carolina

Asking Price: $250,000   Down Payment: $250,000  
Gross Revenue: $959,731   Adj. Cash Flow*: $135,099  
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Executive Summary
This very well established Pool and Spa business has been successfully installing high-end, quality in-ground concrete, fiberglass, and vinyl pools for the past 17 years. They have built a steady commercial and residential customer base of over 1,100  active purchase customers, most within a 30 mile radius.The 2,500 sq. ft. retail space provides great visibility for the showroom and is located in a high traffic area with an additional 3,000 sq ft of warehouse space. They offer a complete package of pool and retail storefront to continue service to the customer. The storefront offers credibility with many years in the same location. This area of coastal North Carolina has been rapidly growing over the past 20 plus years with an unlimited opportunity for continued growth. This is a great opportunity for a new owner  that would like to own a business that is turn key.

Acquisition Highlights

  • Customers that are interested in health, backyard environments, and family fun would purchase products from this business. They have many repeat customers each year and have been here long enough to make sales of more than one hot tub or spa to customers. Due to the seasonal tourists many residents stay home on the weekends and holidays but still want to enjoy the outdoors and water activities. Retirees move to our warmer client and use a swimming pool for exercise and to provide entertainment for their family that visit. We also have many military families with children that want a relaxing place to spend time with family. There are also our high end customers that are building their dream homes and backyard environments. The in store chemical sales are not only for installations but also for those that purchase pools from people that have no retail front as well as the above ground portable pools sold by the big box stores that need water chemistry help and supplies.
  • Retail Monday - Friday 10 - 5 Saturday 9 - 2 Construction & Service 7 - 5
  • Well appointed 2,500 sq ft showroom and an additional 3,000 sq ft warehouse.
  • The business was started in 1999 by the present owner and has enjoyed success throughout the years in a growing area of coastal North Carolina.
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1999 Inventory: $70,000 Included
Employees: 2 FT, 5 PT Furniture, Fixtures & Equipment: $20,000 Included
Lease/Rent: $2,000 Real Estate:
Building Sq Ft: 5,500
    Total Assets Included in Sale: $90,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ken Puryear
Phone:  (910) 270-2927
Fax:  (910) 270-2928
Other:  (910) 620-1740
E-mail:  ken@vrwil.com
VR Business Brokers - Hampstead, NC
221 Hampstead Village
Hampstead, NC 28423
www.vrwil.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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