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Business Opportunity

Sold Swimming Pool Retailier

Listing ID: SA1698

Description

Since 1983 this Atlanta area 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 6 storage containers. The buildings are situated on a 1.25-acre parcel with high road front visibility. The real estate was recently appraised at $840,000.00.
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 mutually agreeable training and transition plan  to ensure a successful transition.

Financial information

  • $1,900,000 Asking Price
  • $467,437.00 Cash Flow
  • $1,620,162 Gross Revenue
  • $30,000.00 FF & E
  • $200,000.00 Inventory
  • Yes Financing

Reason for sale

Retirement

Facilities

The business operates from 3 buildings and 5 storage containers on a 1.25-acre parcel. The real estate was recently appraised at $840,000.00 and is included with the sale at $1.9M.

Detailed information

  • Home Based:

    No
  • Franchise:

    No
  • Distressed:

    No
  • Relocatable:

    No
  • Year Established:

    1983
  • Year Acquired:

    1983
  • Willing To Train:

    Seller is willing to train new owner for a smooth transition.
  • Real Estate Available:

    Yes
  • Is Property Leased:

    No
  • Real Estate Included:

    Yes
  • Is Management Staying:

    No
  • Days Open:

    Mon. – Sat.
  • Hours Open:

    10am - 6pm
  • Full Time Employees:

    1
  • Part Time Employees:

    0
  • Building Size:

    3 buildings totaling 5,400 sq. ft. on 1.25 acres
  • Recent Closed

    Yes
  • Listing Id:

    SA1698
  • Sale Details:

    Number of Buyers: 100 Number of LOIs: 5

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Business location

North Metro Atlanta

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