Swimming Pool Supply Retailer With $300K+ SDE

Business Overview:

Since 1983 this business has been providing homeowners, businesses, and pool maintenance companies with a comprehensive range of pool supplies. The business operates from a facility which is owned by the Seller and is a part of this transaction. There is a 2,200 sq. ft. primary building which has a 1,400 sq. ft. showroom, a 600 sq. ft. warehouse, and a 200 sq. ft. office. There is also a 2,400 sq. ft. warehouse, an 800 sq. ft. warehouse, and 5 storage containers. The buildings are situated on a 1.25-acre parcel with high road front visibility. The estimated value of the real estate is $800,000.00. There are 2,000+ clients in the company’s database which have had a water analysis prepared by the business. Currently the owner works FT in the business along with 1 FT employee. The business is seasonal with the bulk of the revenues generated from March through August. The revenue mix is 75% retail and 25% wholesale. There are 3 primary vendors as well as a dozen smaller vendors. The business does very little advertising and relies on repeat and referral clients. The business is well equipped to be very competitive with its pricing versus National retailers and internet resellers. The business draws from a 50-mile radius of its location. This is a unique opportunity to acquire a 40-year-old business from its Founder and realize numerous growth opportunities including Pool Maintenance. The Seller is willing to agree to a training and transition plan of up to 2 months to ensure a successful transition. INVESTMENT HIGHLIGHTS: ● In continuous operation since 1983 with an impeccable reputation. ● The real estate is included which is in one of the fastest growing areas in the Country. ● Excellent vendor relationships which allow very competitive pricing. GROWTH OPPORTUNITIES: ● The addition of pool maintenance could add $1M per year in additional revenue. ● Implementing a Social Media platform would drive additional business as the business currently relies entirely on repeat, referral, and walk in business. ● Pursuing Commercial accounts could generate an additional revenue stream.

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Property Features and Assets:

The business operates from 3 buildings and 5 storage containers on a 1.25-acre parcel.

Reason for Selling:

Retirement

Additional Details:

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