Successful Northern Alberta Pool & Spa Business

Alberta, Alberta

Asking Price: Annual Revenue:
$400,000 $2,047,222

Services: Professional

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RE: Successful Northern Alberta Pool & Spa Business Broker: Gordon Schofield

Quick Facts

Asking Price: $400,000
Annual Revenue: $2,047,222
Net Profit: Not Disclosed
Cash Flow: $112,924
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1976
Employees: 16
BBN Listing #: 38144955
Broker Reference #: 9105-15698

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Business Overview:

This award winning, highly successful pool and spa retailer is located in northern Alberta. The owners have decided to retire after 44 years of supplying the best leisure, health and entertainment products to Alberta families since 1976. They help customers create backyard memories that last a lifetime by spending more time outdoors with your family and friends. There is a solid mix of business between maintenance products, service and sales with a very loyal clientele and terrific customer reviews. NOTE: Asset value includes financed pool & spa inventory which is added to the listing price based upon the value at closing. The amount, which is additional to the selling price shown can be purchased by assuming the financing note or paying it out at closing with the currently financed amount added to the stated selling price for the business.

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Property Features and Assets:

The retail location has a total of 5,000 square feet plus an office mezzanine of 800 square feet. The new product showroom is 4,000 square feet. with a small service shop and resale products occupying the balance of 1,000 square feet. The location is on a major street which is a primary artery between residential communities and other major arteries. Over 33,000 vehicles pass this location every day. Most inventory is stored off-site with floor samples in the showroom. The owners have just signed a new 5 year triple net lease which costs $8,345 monthly. Assets=$482,469

Market Competition and Expansion:

Competitors do exist but this business has a very successful brand, with successful products and loyal customers that have created a very solid, positive reputation. The business has enjoyed very steady financial performance. Additional growth could be created by the new owner with additional marketing, incremental product lines, or other location expansion.

Reason for Selling:

Owners are retiring after over 44 years.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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