Profitable Pool/spa retailer .builder

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Business Description

This a very stable , predictable business in a growing stable industry .The compnay has 7 distinct and separate income streams.

1- Inground pool construction .Company builds vinyl liner pools.
2- Sell above ground pools.
3- Sell hot tubs and spas.
4- Pool cleaning /maintenance of pools.
5- Replacement / repair of pool equipment
6- Retail store - chemical sales, all othe items for pools.
7-Opening and closing pools with winter covers.

This compnay has grown it's profit's 31 % in the last 3 pool seasons. Very experienced/longterm employees. This is a great opportunity for someone to step into a very well established and well regraded company. Good records to back up the information we will provide.

About the Business

Location:
Murrysville, Pennsylvania
Year Established:
1982
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
2,916
Rent:
$2,478.00 Per Month
Lease Expiration:
9/30/2020
Facilities:
There is a 5,000 sq ft fenced in storage yard. The building has a 1,512 sq ft retail showroom , , 3 offices that total 586 sq ft and an 818 sq ft warehouse .Brick and frame building .
Market Outlook/
Competition:
There is competition that has been in place for many years and there is a level of equilibrium in marketplace. The company is involved selling above ground pools , hot tubs , spas ,build vinyl liner inground pools and also a traditional brick and mortar retail store .Also there is a service department that maintains pools, repairs equipment and closes and open pools. This company has increased it's profits by 31 % in last 3 pool seasons.
Growth & Expansion:
The potential to grow the business is in a number of areas. One is to develop the maintenance part of the business(pool cleaning) .which is the fastest growing segment of pool industry . Also there are great opportunities to expand in vinyl liner replacement . The ability to also grow the internet part of the business is there. The pool/spa industry has more demand now than anytime in the last 10 years and is on a predicable growth curve. Business is stable, predictable and has lot's of upside.
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About the Sale

Reason For Selling:
Retirement .
Training/Support:
The seller is very willing to develop a comprehensive training program. A key part of training will be provided by 3 key employees who average 20 years at the company and they have fantastic industry knowledge .

Listing Info

ID:
1546356
Ad Detail Views:
183
Asking Price:
$619,000

Gross Revenue:
$1,600,000
Cash Flow:
$212,461
EBITDA:
$163,917
Inventory:
$99,000
not included in asking price

FF&E:
$175,000
included in asking price

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Business Listed by

Ana Sterling

The Sterling Advisory Group, LLC

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Sponsoring Broker:

Rod Sterling
The Sterling Advisory Group, LLC
License# 120868Ana@harrynorman.com

U.S. Census Data for Westmoreland County, PA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Westmoreland County, PA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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