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Turnkey Opportunity: Water feature business with 50 years experience

Denver, CO
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Asking Price:$1,800,000
Gross Revenue:$2,073,697
FF&E:$170,379
Cash Flow:$394,381
Inventory:$376,000
Established Year:1972
Listing ID: 2292108Listing provided by BizBuySell
BUSINESS DESCRIPTION

Excellent location, customer loyalty, consistent cash flow

With over 50 years of history, the company has become a trusted leader in Colorado's water feature industry. The commitment to excellence is evident through its innovative approach and lasting partnerships, ensuring top-notch products and unparalleled customer service. As the sole Denver-based company dedicated solely to water feature products, it has become a beacon of expertise and sustainability in outdoor living solutions.

Its longevity and unwavering commitment to innovation and customer satisfaction set the company apart. Over the years, the company has honed its expertise in water features, becoming a go-to destination for homeowners, contractors, and landscapers seeking top-tier products and unmatched service.

The success story is built on strategic partnerships and a relentless pursuit of quality. As a distributor for one of North America's top waterscape manufacturers, the company has been at the forefront of defining industry standards and pushing the boundaries of what's possible in water feature design.

Its offerings go beyond mere products; the company offers a comprehensive experience, from online platforms showcasing its diverse range of water feature solutions to a strategically located retail store and warehouse that ensures swift delivery and customer convenience.

In 2022, the company saw substantial revenue growth and increased cash flow. However, in 2023, they faced challenges due to reduced home sales and extreme weather conditions. Despite this, the company's operations have stabilized, with strong profit margins and a positive outlook for cash flow in 2024 and beyond.

Guided by a team of industry-savvy professionals, the company continues to set new benchmarks for excellence. Its commitment to building lasting relationships, nurturing a loyal customer base, and staying ahead of industry trends positions it as a true leader in the waterscape industry.

DETAILED INFORMATION
Location
Denver, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,200
Lease Expiration
31/12/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The current owners own the building and warehouse, which are easily accessible from I-25. This is a prime location. The owners are willing to negotiate a lease with the new owners with a first right of refusal to purchase—lease terms to be negotiated. Retail space—1900 sqft Warehouse—4300 sqft Inventory: Approximately $500k (March—September) and $250k (October—February).
Competition
The company operates in a niche market as Denver's only dedicated water feature provider. With 50 years of industry experience, it holds a strong competitive edge, supported by exclusive partnerships like Aquascape and a loyal customer base. Competitors in landscaping and general outdoor products lack the specialization and depth in water features. The growing demand for outdoor living spaces and eco-friendly landscaping positions the company for continued success, with minimal direct competition in its market.
Growth & Expansion
Collaboration with one of the top waterscape and garden product providers has driven success in wholesale and retail water gardening markets. The company supports contractors with knowledge and assistance, prioritizing customer service across Colorado and nearby states. Its stability, history, and loyal customer base make it a promising opportunity, especially with increased demand post-COVID and competitors exiting the market. The experienced team and excellent customer service ratings are key to their success.
Financing
Open to reasonable offers
Support & Training
Owners are willing to sign a standard, two-year non-compete agreement, provide four weeks of on-site training, and provide up to 12 months of consulting with a consulting agreement. The new owner should have strong interpersonal skills and inventory management experience.
Reason for Selling
Both owners are retiring
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Marla
DiCarlo
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Marla DiCarlo
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