Pool Equipment Sales and Service – Newcastle area

$495,000

Plus Stock at Value (SAV)

Suburb: Newcastle2300
Category: Other Store-Based Retailing

The current owner has had this business for over 8 years and now looking to take a break. The business is on the market for the first time ever which will provide the right buyer with a growing well-established with proven cash flow and profitability.

Whilst a new long term lease with options can be provided the freehold property is also available for $1,100,000.

This is an independent business that has provided the owner with extensive benefits including greater control and flexibility with range, pricing, and working with numerous benchmark brands within the industry.

The staggering growth over the last 2 years with pool building and installations will see equipment sales and better still, service work grow! Service work is high margin and helps bring more equipment and general sales.

 

Key Sale Highlights

  • The business is listed for $495,000 (plus stock at cost – estimated at $180,000)
  • New long term lease with options or the property is available.
  • EOFY2022 year to date financials are available and show over $1,200,000 in sales
  • EOFY2022 adjusted net profit of around $290,000
  • The sale includes a fleet of quality sign written vehicles and assets worth over $200,000
  • The location is in Lake Macquarie NSW, 20 minutes or so from Newcastle.

 

If you are interested in finding out more about this quality opportunity, please email the exclusive selling agent shane@merchantbrokers.com.au or call 0415 407 777.

Agent Details

Floorplan