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Outstanding Pinch A Penny Pool Franchise For Sale

Hollywood, Florida
Asking Price:
$495,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,076,350 (USD)
Cash Flow:
$201,411 (USD)

Just Listed...Great Opportunity! This pool supply outlet cranks out over a million dollars in retail business every year! In addition to their phenomenal retail sales they also have 11,000 pools in their immediate territory to service. This is an area that this owner has barely scratched the surface. This store which was established in 1981, has been a $$ money maker from the very beginning. Bleach sales have over a 100% markup and this location pumps out $300,000 worth annually!!

Property Information

Real Estate:

Lease

Lease Rent:
per sq ft per annum
Premises Details:

Very attractive store with 4,400 sq. ft. of showroom displaying the latest in pool and patio accessories. Recent upgrades to the store have all been completed and therefore creating a stress-free turn-key transition for a new operator.

Business Operation

Expansion Potential:

Although this store excels in retail sales, they have barely touched the outside service work available to them. Currently cleaning only 30 pools out of 11,000 clearly states that there is a huge upside in this area. Repairs and installation work can also be started to create a third stream of revenue.

Competition / Market:

The name Pinch A Penny is on a plateau not shared with anyone else. Year after year they are viewed as "the best in the business". There is not a real rival to speak of.

Reasons for selling:

Health/Retirement

Employees:
5
Years established:
1981

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

This franchisor is simply the best in offering continuous support to its franchisees. Beginning with their 4-week training class that prepares incoming owners to be the best operators in the industry. The seller will also provide on-site training to assure the buyer of a smooth and confident start in becoming a Pinch A Penny owner.

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

$165,000 at 6% for 5 years

Furniture / Fixtures value:
$80,000 (USD) - included in the asking price
Inventory / Stock value:
$60,000 (USD)
Related Documents:

Contact Information

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