Business For Sale - Surfers Paradise Pool & Spa Business

Surfers Paradise, QLD

Services / Pool/Water Industrial/Manufacturing / Water Import/Export/Whole / Wholesale
$550,000 + Stock At $120,000
Listing ID1694635

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This is a very impressive business, rarely do businesses of this calibre become available to purchase on the Gold Coast.

Established for over 34 years it is a leader in its field of equipment, chemicals supply and service to retail & commercial customers.

The businesses systems are excellent, ensuring the businesses customers have access to the best products & service in the industry.

Customers include private owners, investment property owners, apartment buildings, management rights owners, resorts and also a large number of local council & government service agreements.

It is refreshing to see a business with excellent records that are fully documented & showing a long history of profitability that is consistently increasing, every month all budgets exceeded in the last 24 months and it is expected to net the owner well over $300,000 for 2017/2018.

The business is open five and a half days per week, run by one owner & partner doing minimal flexible hours.

What makes this business interesting is the fact that the owner has never cleaned a pool or repaired a pump, his role is one of management. There are five long term full-time staff members. Staff run the business when the owner is away on holidays. Low overheads as rent is only $4,718.47/month + GST.
Shop lease Jan 2020 + 5-year option. Approximate net profit to owners was $276,711.15 for 2016/2017.

The owners have a genuine reason to sell, but will help a new owner settle in.

Sale price includes unencumbered equipment five service vehicles & several equipment dealerships.

Very good buying here!

Commercial holiday apartments & resorts are required by Gold Coast City Council to have their water tested daily & pools serviced to a standard, regardless of whether or not people are swimming in them.

Detailed information memorandum available that includes four years worth of tax figures and BAS statements to match.

This business will be sold, don't miss out, one of the best I have seen!

Asking $550,000.00 + Stock of approximately $120,000.00

For more information or to arrange an inspection, please contact Brendan Morgan on 0411 410 099.
Ray White Commercial GC South
19 Taree Street, Burleigh Heads QLD 4220
Servicing Northern NSW and the Southern Gold Coast