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Just Listed Exceptional Pinch A Penny Franchise For Sale

Lighthouse Point, Florida, US
Asking Price:
$429,000 Furniture / Fixtures included
Sales Revenue:
$879,917
Cash Flow:
$168,509

Pandemic Proof...Recession Proof...Here It Is!!

Now available! A Pinch A Penny franchise with growth that is tops in the chain for their region! At their current pace, this store is going to double their sales for the past 5 years! Having thousands of pools in their territory, the upside is enormous. This offering comes with a pool route that is approaching 150 accounts. A very lucrative segment of the business. Other outside services can be started immediately by a new owner. Retail business is not slacking at this location....they rang over 21,000 transactions last year. A record for this store. CALL PAT FOR MORE DETAILS:

Property Information

Real Estate:

Lease

Leasehold Rent:

5,731 per Month per annum

Premises Details:

It doesn't get any better than this location. A beautiful spacious store that with the help of the franchisor, was completely revitalized recently. Sales at this location in just 4 years have increased from $500k to nearly $900k last year! Astounding!

Business Operation

Expansion Potential:

There are several sources of revenue that this business hasn't even touched upon. For instance, repairs and installations, pressure washing, leak detection and screen repair are just a few to mention. This store is now positioned to possibly reach a million in sales this year and much more in the years to come.

Competition / Market:

Simply said....there are no significant competitors to Pinch A Penny. For over 45 years they have continued to be the #1 force in the pool supply industry. This store in particular resides in one of the most affluent areas in all of Florida. They have one of the largest markets in the entire chain with close to 6000 pools in their immediate territory!

Reasons for selling:

There are family health reasons that are forcing the owner to move out of state.

Employees:
3 FT / 1 PT
Years established:
2002

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

The support and training provided by the franchisor from day 1, continues to be the backbone of this franchise. New owners of their stores are able to take possession with an extensive amount of knowledge of the pool industry. In addition, the seller will also train at no expense to the buyer, until such time that a smooth transition can be completed.

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

$100,000 / 5 yrs / 5.5%

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$60,000
Related Documents:

Contact Sufka Mergers & Acquisitions

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