Family Owned Pool Service & Supply Business Available!

Boone County, IN

Seller Financing Available

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Sale Pending
Asking Price:$110,000
Gross Revenue:$191,000
Established Year:2005
Cash Flow:$67,500
Real Estate:$250,000
BUSINESS DESCRIPTION

Very well established family owned business available in Boone County, IN serving 135-150 accounts/ homes annually. The current owners of this business purchased it in 2005 and they specialize in residential pool service and supply. The current owners have doubled the revenue since 2005. This business consists of a retail store that sells pool equipment and supplies as well as service activity in which owners open, close, and service residential pools throughout the season. The real estate that the retail store operates out of is available for purchase or lease(estimated value of $250,000). The store offers a full line of pool chemicals and pool parts. Owners have part time help during the season but execute most of the work themselves (current part time help also retiring so business conveys without employees) SELLERS ARE WILLING TO SEPERATE THE SERVICE BUSINESS (APPROXIMATELY 135-150 RESIDENTIAL ACCOUNTS, MOST OF WHICH HAVE BEEN WITH OWNERS A VERY LONG TIME) AT A PRICE OF $70,000 FOR BUYERS THAT HAVE INTEREST IN THE SERVICE BUSINESS ALONE BUT NOT THE RETAIL SUPPLY BUSINESS. Significant opportunity for growth by expanding regular services to current customer list (weekly cleanings) or by targeting new accounts within their market. Current owner is willing to help train post closing if needed. This is truly a turn-key seasonal business in which the owners thoroughly enjoy their winters off! Great brand equity locally. Contact Scott Armstrong with questions.


DETAILED INFORMATION
Location
Boone County, IN
Inventory
Not Included in asking price
Real Estate
Owned
Employees
2
Facilities
854 square foot building corner lot location plus outbuilding
Competition
Only pool service / supply company in their town.
Growth & Expansion
Owners are retiring and have focused on maintaining rather than growth. Many opportunities for growth by expanding weekly services to existing accounts or targeting new home owners in their area which owners have not done in recent years.
Support & Training
Seller is willing to train buyer post closing in accordance with agreed upon / negotiated term.
Reason for Selling
Retirement
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Scott
Armstrong
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Scott Armstrong