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Exceptional Pool Supply Franchise Now Available For Sale

Pembroke Pines, Florida, US
Asking Price:
$549,000 Furniture / Fixtures included
Sales Revenue:
$1,082,161
Cash Flow:
$200,313

Lucrative and Fast Growing W/Management In Place!!

This Pinch A Penny franchise with sales that have been soaring the past couple of years, is an opportunity that must be looked at! Revenue has been robust and are up a whopping 37% over the past 2 years! The staff is led by a manager and assistant manager who together have done a wonderful job guiding this operation to new heights. They were able to break though the million-dollar barrier for the first-time last year! Truly a turnkey for a new owner coming in!

Property Information

Real Estate:

Lease

Lease Terms:

Building SF:1,800
Lease Expiration:9/30/2028
5 year option with 3 % increases

Lease Rent:
per sq ft per annum
Premises Details:

This franchise is located in a extremely busy Publix Plaza that has thousands of foot traffic on a daily basis. Beautifully laid out store with a showroom that dazzles with the latest in pool accessories and state of the art automation systems!

Business Operation

Expansion Potential:

There are nearly 5,000 pools in their immediate territory. Of which this store is cleaning 228...MUCH ROOM FOR GROWTH!! In addition, a pool contractors license is included in this acquisition that will allow the new owner to do repairs anywhere they like.

Competition / Market:

When you represent the #1 name in the industry, Pinch A Penny, the word DOMINATION comes to mind. Two nearby competitors have recently closed their doors.

Reasons for selling:

The seller owns another PAP and has fully completed his projections at this site.

Employees:
6 FT/2PT
Years established:
2003

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

In addition to the thorough 4-week training school provided by the franchisor, the owner will also take a "hands on " approach in assisting the new owner to help accomplish a smooth transition. The staff is staying on to include the manager and assistant.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$150,000 / 5.5% / 5 Yrs/ $2,865.18

Furniture / Fixtures value:
$80,000 - included in the asking price
Inventory / Stock value:
$95,000
Website:
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Related Documents:

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