Established 1971 Pool Industry Business For Sale

Business description

Thirty Five years of building goodwill is now for sale. The business operates in the swimming pool industry and is involved in manufacturing, service, wholesale, export and retail. Established in1971, the business has built up a large client base through word of mouth and customer satisfaction.

OPERATIONS: The company operates on different levels. On the one hand it manufactures its own products in the following areas.

o Salt water chlorination systems
o Flow switches
o Ball and check valves
o Superior quality PVC fittings
o Barrel unions
o Filters

In addition the company is a distributor of Australian made Wet Deck Grating, pumps, pool accessories, chemicals etc.

The following services are provided at both wholesale and retail levels and there is also an under-developed export market which could provide significant growth.

o Workshop repairs (all brands of chlorinators, pumps and filters
o On site repairs and maintenance
o On site water balancing
o Design and construction of commercial pools and spas
o Sale of pool and spa chemicals
o Spare parts

The company is presently involved with the design and development of a variety of products, which can be seen in the industry under its own trademark. These products include:

o PVC Fittings
o Electronic Control Equipment
o Electric Chlorine R.H. Equipment
o Flow Control Equipment

Stock of approximately $140 000 is INCLUDED in the purchase price.

MARKET/CUSTOMERS: The company has become successful due to the quality of its work and the products it manufactures.

The company’s customer base is primarily Australian, catering for both “Trade” and “Retail” Customers.

With a reputation for quality and service, the salt chlorinators manufactured by the company have sold in counties such as America, France, New Caledonia, India and England. In recent times export markets in Asia, Brazil and Israel have been opened.

Meticulous records are maintained both in hardcopy and on computer. Records are referenced by job location so that change of property ownership does not necessarily affect the ongoing jobs.

Approximately 50% of sales are cash with the balance being on 30 days credit. Bad debts have been insignificant.

A full data base of customers and jobs is one of the major assets of the business and will, of course, be made available to the successful purchaser.

PREMISES: The company premises are situated near one of the most visible intersections in the area with provision for customer parking as well as ample area for trade traffic. With a total area of 6000 square feet, there is generous space for factory, storage and offices which are fully air conditioned.

The lease has five years to run with an option for renewal for a further period of five years.

Monthly rental is $4030.

EQUIPMENT/FITTINGS: Plant and equipment is valued at approximately $100 000, vehicles at $30 000 and dies for manufacturing at $180 000. All are INCLUDED in the purchase price.

MANAGEMENT/STAFF: Five full time staff members are managed by the owner who spends most of his time on ensuring the maintenance of the company’s high standards, advertising and buying.

A generous handover and training period will be granted if required, and the owner will be prepared to provide ongoing assistance on a consultancy basis.

Property information

Real Estate:

Real Property Included

Location:

Busy commercial/industrial hub

Other information

Expansion potential:

The business can be expanded vertically and horizontally depending on the desires and commotment of the owner

Support & training:

Generous handover period and ongoing support on a consultancy basis if requred. Limited vendor finance may be available.

Reasons for selling:

Retirement

Trading hours:

Weekdays 8AM to 5:30PM. Saturday 9AM to 1PM

Financing available:

Limited vendor finance will be considered.

Furniture / Fixtures value:

$300,000 (included in the asking price)

Inventory / Stock value:

$140,000 (included in the asking price)