MergerPlace

Successful Northern Alberta Pool

Alberta


  • Asking Price: $400,000
  • Gross Income: $2,047,222
  • Cash Flow: $112,924
  • Real Estate: Not Disclosed
  • Inventory: $383,233
  • FF&E: Not Disclosed
  • Listing ID: #220760
  • Established: 1976
  • Employees: 16 FT

Business Description

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.


Business Details

Primary Business Category: Services - Other Services
Location: Alberta

Company Information

Year Established: 1976
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 16 FT

Financial Information

Asking Price: $400,000
Gross Revenue: $2,047,222
Cash Flow: $112,924
Inventory: $383,233
Seller Financing Available: No

Property Information

Facilities:

The retail location has a total of 5,000 square feet plus an office mezzanine of 800 square ft. The new product showroom is 4,000 square ft. with a small service shop and resale products occupying the balance of 1,000 square ft. 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.

Growth & expansion opportunities:

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.

Competition:

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.

Reason for selling:

Owners are retiring after over 44 years.

Support & Training:

Will train for 12 weeks @ no cost The high-end Product line and brand information will be provided to qualified candidates upon presentation of a Letter of Intent.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Gordon Schofield

Murphy Business Brokers