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Salinas, Monterey County, California
Asking Price
$699,000
Revenue
$836,900
Down
Call/Email
Cash Flow
$249,000
Reason for sale:
Owner ready to retire.
Size in Square Feet:
3,500 sqft
Lease Options:
$3,450
Posting ID:
5871558
Business Category:
Home Improvement
Business Types:
Repair, Maintenance Service
Attributes:
Broker Cooperation
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SBA Qualified | High-Profit Child Safety Pool Fence Company-SC2241 Financial Information Asking Price: $274,500 Cash Flow: $140,000 Gross Revenue: $200,000 Down Payment: $274,500 Adjusted EBITDA: $65,000 This Northern California based Child Safety Pool Fence Company is a California Limited Liability Company and was formed 8 years ago and has been under the same ownership since inception. This company acts as a dealer for a reputable child safety pool fence company that has been around for over 40 years, this is a territory that is rich for growth and expansion. Known for their high quality and product strength, these child safety fences have the highest standard of strong, quality materials and manufacturing methods that provide pool fences that excel in serving families extremely well. When it comes to child safety and protection, this is a recession proof market because families will take the safety of their children seriously and will take the necessary steps to ensure this. Business Location City: Northern California State: California Reason for Sale The reason for selling is due to health issues. Detailed information Year Established: 2017 Home Based: Yes Franchise: No Relocatable: Yes Lender Prequalified: No SBA Prequalified: Yes Part-Time Employees: N/A Contractors: N/A Owner Worked Hours/w: 30 Inventory Included: No Inventory Value: N/A Monthly Rent: N/A Real Estate Available: No Real Estate Included: No Real Estate Value: N/A FF&E Included?: Yes FF&E Value: $20,000 Training/Support The Seller is willing to provide training at 40 hours per week for 4 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. Market Outlook/Competition The need for pool fencing has changed over the years because of the increased awareness of pool drowning being the leading cause of death in children under 5 and for children aged 1-13 swimming pools are the leading location for drowning deaths. Pool fences are built around pools to prevent children from accessing them without proper supervision, the installation of the pool fence creates a lockable barrier securing the pool area. CA 02282967 NV B.1003039.LLC NV BUSB.0007191
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