RETAIL / SERVICE CO. NETS $500,000. SVS486

Price: $1,395,000

Location: Burlington County, New Jersey

Industry: Retail

Listing ID: SVS486

Highly profitable twenty-year-old family-owned retail and service pool company located in central New Jersey Burlington County. This business opportunity has 2021 gross sales of $3,677,374 and a consistent net yearly income. This is a ten-month business operation, closed two months during winter (December & January) and opens mid-February after the winter months. The company has hundreds of yearly customer contracts representing a repetitive and dependable income. This highly profitable retail company supplies a full line of swimming pool products to its many customers. Everything from accessories, parts, equipment, hardware to floats and toys and they also offer water testing and personal assistance to their many loyal customers. The company also supplies routine maintenance, cleanings, opening, & closing services and has been providing exceptional service to pool and spa owners for many years. They uphold the highest standards of integrity and maintain a substantial customer based. The company’s income represents, supplies, maintenance programs, equipment replacement & upgrades, cleaning, inspections, and installations of new equipment. The transaction represents a safe business opportunity and based on the details of sale, this business expects to continue to supply a consistent return on investment for many years. Real estate also available.

Listing Details

Revenue: $3,677,374

Cash Flow: $519,377

FFE: $320,000 (Included in Price)

Inventory: $35,000

Reason For Sale:

The purpose of this business transaction is due to the owner relocation out of the state of New Jersey after many years of success in this industry.

Training & Support:

Training and owner support, the owner is prepared to remain post-closing in order to supply an appropriate transitional period to purchaser.

Operation

Year Established: 1998

Days & Hours of Operation: Days Hours of operation, this business operation is active six & seven days per week, closed during a portion of the winter months, with hours from 9:00 am to 6:00 pm.

Owner Hours Per Week: Full Time

Employees: Days Hours of operation, this business operation is active six & seven days per week, closed during a portion of the winter months, with hours from 9:00 am to 6:00 pm.

Location

Security on Lease: Two Months

Lease Option: Real estate option

Monthly Rent: 5,900

Type of Location: Commercial Avenue

Square Footage: 3,600

Relocatable?: Yes

Facilities Information:

This retail and service company is located in central New Jersey, Burlington County, conveniently located on an active county road, minutes from the Garden State Parkway. This business facility consists of approximately 3,600 square feet with substantial storage space and has an attractive professional appearance. The operation is in a free-standing retail building with appropriate private parking.

Summary

Owner Qualifications:

For Qualifications purposes, this business opportunity does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses.

Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this company. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Regarding growth and expansion, this retail & service company can be further developed by increasing the number of work crews to maintain the continued demand. Additionally, this company has the opportunity to refer pool installation to other available companies. Finally, the company has a basic non-optimized web site and if adjusted can further develop the business gross sales.

 

Ron Cervelli

contactus@regalconsultants.com

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