MergerPlace

Operating 40 Years

Virginia


  • Asking Price: $1,050,000
  • Gross Income: $3,021,316
  • Cash Flow: $323,685
  • Real Estate: Not Disclosed
  • Inventory: $200,000
  • FF&E: $150,000
  • Listing ID: #208968
  • Established: 1978
  • Employees: 16 FT / 3 PT

Business Description

Operating 40 Years
Producing Thee Million in Gross Revenue
Four Strategically Located Operating Units
Retail, Service, Maintenance, and E-commerce

Operating 40 Years in Hot Tubs, Pools, & Accessories. Three retail locations complement this successful enterprise, governed from one central location where management directs the operation producing Gross Revenues exceeding Three Million Dollars. This company is the leader in each of its markets in product sales and service. And in addition, has gained the support and recognition of the wellness industry’s most recognized and highest quality manufacturers, maintaining exclusive marketing agreements. The business has achieved continued success with a keen focus on retail product sales, service labor sales, reoccurring consumer product maintenance sales, and e-commerce. As a result the operations have produced level monthly revenues for many years. Supported by efforts such as the creation of inviting showrooms, providing comprehensive sales training, and ensuring that everyone involved has the highest level of product knowledge such that every customer receives a warm and professional presentation. And the customer base is sustained and growing as the owner has worked tirelessly to become the most Google reviewed business in their field from satisfied consumers.

Utilizing the industry’s highest rated business software product, the company manages point-of-sale, accounting, inventory, payroll, sales and lead management, service and delivery and CRM with this cloud based system. The company is a leader in digital marketing for lead capture, conversion and fulfillment. With major product conversions of over 50%, the company rates very high within its peer group. With a customer base of over 10,000, repeat purchases are generated through regular emails, company newsletters, and direct mail.

A key success of the company over the years, is acquiring, training and compensating an employee base that is motivated to provide the highest level of customer satisfaction. Through a combination of “open book managing”, team and individual monthly incentive plans and 360 degree annual performance reviews, this company has all the pieces in place for a successful transition. Due to their desire to continue the highest level of employee and customer satisfaction, the owners will be available to assist the new owner in ensuring a continuation of the 40 years of success that has been accomplished.


Business Details

Primary Business Category: Services - Other Services
Location: Virginia

Company Information

Year Established: 1978
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 16 FT / 3 PT

Financial Information

Asking Price: $1,050,000
Gross Revenue: $3,021,316
Cash Flow: $323,685
FF&E: $150,000
Inventory: $200,000
Seller Financing Available: Yes

Property Information

Facilities:

Three retail operations in key locations are supported by a centrally located service center. The locations are in high traffic areas with great visibility. The locations have evolved as a result of their growth as well as the need for service, installation, repair and accessories.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers