Pool/Water Services Business

Shop 2/22 Machinery Drive (SWIMART TWEED HEADS) Tweed Heads South, NSW 2486

Sold on 5 May 2018

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    Pool/Water Services Business in Tweed Heads South

    Net profit July to Jan 2018 @ $149,165* asking $350,000 + stock

      Swimart Tweed Heads Pool Equipment, Chemical Supply Sales & Service Business For Sale with Manager in Place.

      Excellent opportunity here for a buyer to secure an Award Winning business that is a leader in its field of Equipment & Chemicals Supply, backed by the largest Pool & Spa Franchise in Australia.
      The store presents immaculately with an impressive showroom. The businesses systems are unique insuring the businesses customers have access to the best products & service in the industry. The business was established new in 2013 by the current owner and has seen huge increases in sales every month since it opened its doors. In the last twelve months sales have increased from $760,000 in 2016 to over $1 million for 2017.

      Since July 2017 the owners have worked around 28 hours per week combined as they have now purchased a fitness franchise.

      In the financial year 2016 / 2017 the business was run by the husband 40 hrs, the wife only working flexible hours as little as 12 per week. Low overheads as rent is only $45,516*p.a. including outgoings, shop lease Aug 2018 + 1 x 5 year option. Two fully qualified staff members, one that could run the business if the owner was away. Approximate Net profit to owners $171,996.00 for 2016/2017.

      The owners have a genuine reason to sell, but will help a new owner settle in. Sale price includes unencumbered equipment and vehicles.
      Asking $350,000 + Stock of approximately $80,000 .
      Very good buying here, Kings Forest Development 10 minutes from the store has 4,500 residential dwellings, new homes approved with blocks set to be sold 2017. On average 1 in 3 homes have a pool in this area, great for business!

      Asking $350,000 + stock.

      This business will be sold, don't miss out.

      Call or email me for a detailed information memorandum that includes three years' worth of tax figures and BAS statements to match.

      For more information or to arrange an inspection, please contact Brendan Morgan on 0411 410 099.
      Ray White Commercial GC South
      19 Taree Street, Burleigh Heads QLD 4220
      Servicing Northern NSW and the Southern Gold Coast