Contact Pat at email@example.com for more information!
Asking Price: $550,000 Gross Revenue: $1,076,350Cash Flow: $201,411EBITDA: $201,411Inventory: $60,000 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.
Just Listed...Great Opportunity! This pool supply outlet cranks out over a million dollars in retail business every year! In addition to their phenomenal retail sales they also have 11,000 pools in their immediate territory to service. This is an area that this owner has barely scratched the surface. This store which was established in 1981, has been a $$ money maker from the very beginning. Bleach sales have over a 100% markup and this location pumps out $300,000 worth annually!!
Additional streams of revenue can be added that is not being used:
• Leak Detection
• Pressure Washing
For more information, Contact Pat at 813-230-7177 or firstname.lastname@example.org
About the Business
Number of Employees:
2 FT :: 3 PT
Building Sq. Ft.:
$7,413.73 Per Month
Very attractive store with 4,400 sq. ft. of showroom displaying the latest in pool and patio accessories. Recent upgrades to the store have all been completed and therefore creating a stress-free turn-key transition for a new operator
The name Pinch A Penny is on a plateau not shared with anyone else. Year after year they are viewed as "the best in the business". There is not a real rival to speak of.
Growth & Expansion:
Although this store excels in retail sales, they have barely touched the outside service work available to them. Currently cleaning only 30 pools out of 11,000 clearly states that there is a huge upside in this area. Additional growth in streams of revenue can be added for this store; ie. Pressure Washing, Resurfacing Pools, Leak Detection and Repairs and installation.
This franchisor is simply the best in offering continuous support to its franchisees. Beginning with their 4-week training class that prepares incoming owners to be the best operators in the industry. The seller will also provide on-site training to assure the buyer of a smooth and confident start in becoming a Pinch A Penny owner.
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
full Terms & Conditions.