Turnkey Paradise: Profitable Pool & Spa Business

Lubbock, TX

Seller Financing Available

listing image
Asking Price:$300,000
Gross Revenue:$596,742
Real Estate:$325,000
Cash Flow:$88,240
FF&E:$50,000
Established Year:1989
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-100635

Founded in 1989, the business is involved in new pool construction and pool remodeling. While the business has grown through the years, building as many as 22 pools in one year, the owner has limited the ongoing growth due to lifestyle and other family-related restrictions. In the last 5 years, the owner has maintained a level of consistency that has kept him comfortable, with around 6 pools/year.

This business would be perfect for someone who has the energy to take the Brand and Reputation of this business and scale back up to 22+ pools/year. The seller turns down many pools every year because he doesn’t have the desire to take on that much business.

The current facility was established in 2000 and contains 2800 sq. ft. of office space and warehouse space as well as a stack yard and sits on a little over ½ an acre. The office space has a showroom, break room, bathroom, and 2 offices. The owner would like to sell the real estate with the business, but would entertain keeping the building and leasing it to the right buyer.


DETAILED INFORMATION
Location
Lubbock, TX
Inventory
Included in asking price
Real Estate
Owned
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Monthly Rent: $3,000.00 Square Units (Foot, Meter): 2,800 Facilities: The current facility was established in 2000 and contains 2800 sqft of office space and warehouse space as well as a stack yard, and sits on a little over ½ an acre. The office space has a show room, break room, bathroom, and 2 offices.
Growth & Expansion
What are the external factors that will contribute to growth? o Lubbock continues to grow at a steady pace every year with new home starts poised to rise in the coming years. o In the Southern climate, pools are a highly sought after amenity that is not going away soon. What are the internal factors that will contribute to growth? o Improved Marketing o Hire More Employees o Offer Pool Cleaning Services
Financing
Owner Terms:$30,000.00 Interest:9% Term Months:12 Monthly Payment:$2,623.54
Support & Training
Number of Weeks Seller Will Offer Training: 3
Reason for Selling
Retirement
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