Seller's Contact Information
- RE: 26-Year-Old Aquarium Sales & Service Business
- Contact: Randy Bring
Quick Facts
Asking Price: | $1,500,000 | |
Annual Revenue: | $831,490 | |
Net Profit: | $490 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 70,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1997 | |
Employees: | 3 | |
BBN Listing #: | 582630 | |
Broker Reference #: | 0101516192 |
Business Overview:
This is an opportunity to acquire the largest and best known aquarium management company is S. FL. After 26 years, this company has emerged as the leader in the professional creation and maintenance of custom salt & freshwater aquariums for both commercial and residential environments. Approximately 160 accounts (60% commercial 40% residential). Income is realized from scheduled weekly or monthly service of customers (70% of revenues) and sales of products i.e., aquariums, filters, lights, food (30% of revenues). Steady customer base includes universities, outdoor sports stores, corporate headquarters, professional offices and many estate residential properties. 4 regular service routes are serviced by 4 fully stocked service vehicles which function as “fish stores on wheels”. The owner handles sales of new aquarium systems and some of the higher skilled account servicing. Three professional staff members (W2) handle the majority of the recurring service income. Company maintains live fish inventory in their warehouse as well as an ample supply of fish food, parts & replacement equipment for customers. Owner reports more business and requests for service then he can possibly handle at this time. No direct advertising is being done, there is a significant upside to expand their current scope of services, products and service area. The Seller will agree to hold a note for a qualified buyer. Likely an ideal E2 Visa qualifying business investment. A financial statement and brief Buyer bio are required for full disclosure. Please refer to listing #0101516192 & ask for Randy Bring when inquiring.
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Property Features and Assets:
1,140 SF office/warehouse @ $1,540/mo.
Market Competition and Expansion:
Unknown/Unlimited
Reason for Selling:
Professional objectives met
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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