Catylist ID: #30731647
Swimming Pool Supply Distribution
Undisclosed Address, Rhode Island
Business Opportunity for Sale
|Catylist Listing ID:||30731647|
|Property Subtypes:||Retail Stores|
|Building Size (RSF):||1,125 SF|
|Year Business Established:||1981|
|Gross Revenue:||$423,000 (Annual)|
|Cash Flow:||$58,000 (Annual)|
|Cash Flow Type:||Sellers Discretionary Earnings|
Overview / Comments
Oldest swimming pool and spa supply business in RI operating for over 40 years in one location. Highly rated business and well established loyal customer base.
Owner is retiring and would like to see the new owners carry it into the future. This cash and carry business has a small service Dept. with tremendous growth potential both in-store and in the field, as well as pool and spa sales. This long established business has withstood multiple recessions and the pandemic with ease.
The backyard recreational market will always be a commodity with homeowners and this business will place you right in the middle of it.
The sellers own the real estate so as the new business owner you will have the option of a long term lease or purchasing the real estate as well.
|Industry Segment:||Independent Stores|
|Reason for Selling:||Owners retiring|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$5,000|
|Real Estate Status:||Leased|
|Value of Real Estate Included ($):||$0|
|Real Estate Lease Description:||This business operates out of an 1125sf space within a building they own. There is another 1125sf space that is leased to a long term tenant. New owner has many options including a long term lease, expansion into the other half of the building or a full purchase of the real estate.|
|Mgmt/Training Support Description:||Owner will provide 2 weeks of training included in price. Extended training is available with commensurate salary.|
|Growth/Expansion Opportunities:||There is tremendous growth opportunity with this business as the current owners operate strictly as pool supply distributors. Expanding to service, adding spas, or other pool related services would add significant revenues to this business|
|Proximity:||1 mile||3 miles||5 miles|
Jim ConwayConway Commercial Group ECCPN Member
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