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Texas Business For Sale |
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| POOL AND SPAS RETAIL/REMODEL/CONSTRUCTION/SERVICE |
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| Attn: John Hohenbrink |
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| Grayson, TX, USA |
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| Asking Price: |
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$1,400,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Non-classifiable |
| Reason for Selling: |
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Retirement. |
| Year Established: |
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1973 |
| # of Employees: |
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12 |
| Yearly Revenues: |
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$2,048,512 |
| Yearly Cash Flow: |
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$173,334 |
| Yearly EBITDA: |
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$173,334 |
| Yearly Net Profit: |
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$173,334 |
| Yearly Gross Income: |
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$2,048,512 |
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Business for Sale Overview:
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This well established retail company is really six very profitable Swimming Pool and Spa companies in one, all operating from a handsome 2-acre location with plenty of parking on a main thoroughfare, in a high traffic area of North Texas. They design and build custom in-ground gunite swimming pools, retail above-ground pools, retail spas, run a bristling retail store, service all kinds of pools and spas, and clean and maintain pools and spas on a year-round contract basis. They have exclusivity agreements with all of the industry's top manufacturers and carry only high-quality products, including the Big Green Egg Grills. The large and beautiful showroom accommodates 25 spas, gazebos and accessories on display and a cozy conference area. The store offers a wide selection of chemicals, pool accessories, toys and gifts, and its factory trained techs provide computerized water testing from 2 computerized testing stations. The outside Pool Park, rated as the best in Texas, displays above-ground and in-ground pools, a giant gazebo, a portable spa and patio furniture, all accessed by two wide boardwalks. The company has won national awards for exceptional customer service and nominations for innovative pool design. The business has grown over 25% per year the last two years and next years growth is already projected to grow an additional 20%. There is a strong staff in place and a person who could act as a General Manager allowing you to run the business semi-absentee. The sale price also include $237,179 in Accounts Receivables. Their revenues thru May of 2008 are up over 32.7%.
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Property Features and Assets:
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The business is located on a major thoroughfare with high traffic flow and a very active and growing business district. The building has over 6,500 sq. ft. with a large beautiful showroom equipped with many different Spas, Gazebos, Pool design area, and a large pool/spa chemical and accessories area. Also contains a large two story warehouse and sits on 2 acres of land. There is plenty of parking with great access and drive up appeal. Both the interior and exteriors have been completely remodeled this year with a new parking lot. |
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Market Competition and Expansion:
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Competition: No major competitors around. The business has exclusivity contracts with all of their major vendors and carries only the top rated products in the industry.
Growth and Expansion: This is a well organized and well established business that has a long standing reputation for excellence. With no competition a new owner can add new business service lines and new products as they see fit. It is an ideal acquisition for an individual or a company with synergistic potential. Their revenues thru May of 2008 are up over 32.7%.
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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