Outstanding Pinch A Penny Pool Franchise

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A Must See!! A Profitable, Well-Managed Pool Supply Store
Asking Price:
$550,000

Gross Revenue:
$1,076,350
Cash Flow:
$201,411
EBITDA:
$201,411
Inventory:
$60,000
not included in asking price

FF&E:
$80,000
included in asking price

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Business Description

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!!

Highlights:
Additional streams of revenue can be added that is not being used:
• Resurfacing
• Leak Detection
• Pressure Washing
For more information, Contact Pat at 813-230-7177 or ptsufka@msn.com

About the Business

Year Established:
1981
Number of Employees:
2 FT :: 3 PT
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
4,400
Rent:
$7,413.73 Per Month
Lease Expiration:
12/31/2020
Facilities:
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
Website:
www.buytherightbusiness.com/hollywood-pool-store-for-sale
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
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.
Seller Financing:
$165,000 at 6% for 5 years

Listing Info

ID:
1622787
Ad Detail Views:
0

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Business Listed by

Patrick Sufka

Markell & Associates Inc.
License# SL3114836

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