Description of the business for sale
This Full-service Pool, Hot-tub and Spa Contracting Business is well known within the five county area surrounding Denver. Sales were $571K in FY 05 (ending 2-28-06); have been trending downward. After 28 years in the business, the Owner has elected not to advertise to maintain or increase business. Consequently, the preponderance of their business is repeat business. Customers remain with this company due to their experience, fair pricing and excellent customer service. The Full-Time Workers average over a decade of experience. This contributes to consistency, reliability and high customer satisfaction. This business primary method of advertising is referrals and word-of-mouth. With the current owner's (GM) anticipated retirement coupled with his waning enthusiasm after so many years in the business, he does not emphasize obtaining new customers through traditional advertising. The current GM owns the real estate, and will provide favorable lease terms to a prospective buyer. The building is 15,000 square feet; 9000 sq./ft. will be leased to the buyer for $4700/month. The exact terms of the lease are negotiable. This company is a good acquisition opportunity because the reputation of the company presents a great platform to expand the traditional aspects of the business, both pool & spa maintenance and remodeling. Furthermore, there is an opportunity to add off-season business activities, as some competitors have done, in order to balance out Quarterly Revenue, hedge against risks (weather related), maintain good-quality skilled labor, and add to the top-line.
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Description of the facilities
Furniture, fixtures, and equipment = 74800
Furniture, fixtures, and equipment included: Y
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