Business For Sale Listing 157840
SBA Approved Pool & Spa Construction & Products
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
This business has served McHenry & Lake Counties for nearly 35 years, providing in-ground pool construction, above ground pool & spa sales & installation as well as pool product & pool supply retail sales. Pool sales & service has always been their mainstay business. This is a seasonal business allowing an owner the option of becoming a snow-bird or adding products & services to compliment your seasonal business (i.e. game room furniture & accessories, tanning beds, sauna construction & supplies, etc.). The business has established a long list of local installations. Once you've installed a pool, the opportunity for repeat business, from pool services to pool supplies, is extraordinary many of the customers of this business have been using them exclusively, for years! The strong cash flow has facilitated pre-approval for an SBA acquisition loan with as little as 15% down from a qualified buyer!
The 5,000 sq. ft. facility is a well-known one-stop destination for pools/spas and supplies. Located along a busy main thoroughfare with easy access, the facility houses a large showroom, a sizeable inventory as well as work & equipment storage. The rent is $4,000/mo ($9.60/ft) and includes taxes, insurance & CAM.
While there are other pool service businesses in the NW suburbs, nearly 35 years of continuous operation, long-time experienced employees, a large base of pool & spa installations and the one-stop comprehensive services offered make it difficult to compete with this business.
Growth and Expansion: The business is growing and if it were not for heath issues, the seller would be: adding products & services to take advantage of the trends in health & fitness, adding complimentary new product lines (fencing, gazebos, etc.) and implementing on-line sales.
Having purchased this business 11 years ago with zero previous experience, the seller understands the importance of a smooth transition & would provide up to 30 days of on-site support & training during transition.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,450,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (140,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (399,000) |
