Asking Price: $475,000 Gross Revenue: $1,038,032Cash Flow: $195,131EBITDA: $195,131Inventory: $122,707 not included in asking priceFF&E: $80,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
One of the finest pool supply operations on the east coast! This location with a robust pool route continues to produce sales in excess of a million dollars year after year. A competent well trained staff will remain in place for the incoming owner. This store has dominated the area for the past 30 years with their excellent service to their loyal customer base.
Additional streams of revenue can be added that is not being used:
• Leak Detection
• Pressure Washing
For more information, contact Pat Sufka at (813) 231-7177 or firstname.lastname@example.org
About the Business
Vero Beach, Florida
Number of Employees:
Building Sq. Ft.:
$4,277.00 Per Month
This store is well positioned in one of the highly regarded retail plaza's in Vero Beach. Just minutes from the beach, this "A" location checks off all the boxes a new owner is looking for in owning a business!
In order to lead in the retail business these days it is imperative to have name recognition. Pinch A Penny offers exactly that! They continue to dominate this industry state wide and in doing so, leave all others as a secondary thought.
Growth & Expansion:
This locations has thousands of pool accounts in their immediate territory and has barely scratched the surface in servicing the available accounts. A new proactive owner in place would certainly have this location setting its sights on accelerated sales growth with additional streams of revenue can be added for this store; ie. Pressure Washing, Resurfacing Pools and/or Leak Detection.
In addition to the thorough 4 week training school provided by the franchisor, the seller is also offering on site training until a smooth transition can be completed. In addition,all existing staff will continue to provide their assistance to insure a successful beginning for the new owner.
Million Dollar Pool Supply Business/ Nearly 150 Pool Accounts!
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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