Swimming Pool Services – Retail – Accessories – Installation

For Sale

·
South Sydney

Business Code: CB1484

$900,000.00
+ Estimated Stock (SAV) $150000
Key Features: Well-established - Very strong area and local support - Great position - Good financials - Excellent product range - Stock easy to access - Full range of services - Huge data base.
State: NSW
Suburb: South Sydney
Location: Prime location with prominent street frontage in thriving South Sydney town with central position to servicing area.
Premises: Stand-alone older style building of 100 sq.mt. on 1000 sq.mt. block, with showroom, water-test area, workroom, office, kitchenette and large storeroom.
Price not disclosed

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Time to retire

Sale Reason

1985

Established

On site

Parking

1 owner (full time) + 1 owner (3 days) + 2 full timers + 4 casuals.

Employees

5 days - Monday to Friday: 8.30 am to 5.30 pm. Summer period open 7 days

Trading Hours

Current lease expires March 2025 + 3 year option - C.P.I. increases- Bond $17,500

Lease

Retail swimming pool shop providing all services including pool cleaning, chemicals supply, servicing and repairs to equipment, all pool accessories, water testing, plumbing and installation – The business has a very broad customer base utilising the cleaning services, with consequent strong demand for chlorine, salt and accessories – 2 x 20 foot containers are located at rear of building, with easy vehicle access, to handle Summer demand – The large equipment inventory includes 4 Hyundai Load vans, extensive shelving and all water-testing equipment – Vendor has invested in electricity savings initiative with the installation of 16 solar roof panels – Computer software is Retail Manager with MYOB accounting software.

Features

Well-established - Very strong area and local support - Great position - Good financials - Excellent product range - Stock easy to access - Full range of services - Huge data base.

Potential

Target social media - Advertise services.

Comments

Misc.- 1 - Bank fees ($160) Waste disposal ($70O) - Misc.- 2- Motor vehicle expenses - 1 owners wage added back - Vendor is prepared to stay on if required after settlement transition on agreed terms.

Weekly Summary

Figures exclude GST

Weekly Takings
$29135
Cost of Goods
$13280
Gross Profit
$15855
Rent
$1135
Wages
$5635
Telephone
$40
Insurance
$230
Electricity
$15
Misc 1
$230
Misc 2
$250
Total Expenses
$7535
Estimated Stock
(Additional)
$150000
Equipment
(Included)
$90000
Net Profit
$8320
Price
$900,000.00
+ Estimated Stock (SAV) $150000
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