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Professional Services business for sale in Bundall

  • Professional Services
  • Bundall QLD 4217
  • $50,000 (GST na)

Narellan Gold Coast North Business for sale Swimming in Success

Summary
Building more than 40 pools with strong demand will see this business grow even more in the years to come. An influx of NSW and Victorians wanting to move here plus the prosperity that the Olympic Games will bring to the SEQ corner makes this an excellent opportunity.

Become part of one of the world's largest pool building groups whose support and systems are exceptional leaving you to concentrate on the customers and the installations.

Revenue
$1,400,000

Net Profit
$213,796

Potential
Opportunity to grow your own pool installation team and landscaping team to further increase profitability as this is all currently outsourced.

Skills
This couple had an advertising background, so good businesspeople with a customer focus will do well. Buyers with any landscaping experience or pool building experience will make additional income from doing some of the subcontracting work.

Hours
Monday to Friday. Owners worked 50 hours each with no weekend work and balance of work is contracted out.

Lease
Run from home.

Location
Gold Coast.

Employees
No employees all subcontractors.

Reason for Sale
Family reasons dictate they need to relocate to Western Australia.

About the Business
Established nearly 50 years ago, Narellan Pools has become an iconic brand. They have grown to become Australia's leading pool manufacturer of technologically advanced fibreglass pools.

Narellan Pools fibreglass swimming pools are Australian made and manufactured to the highest quality standards, earning international ISO 9001 accreditation. Narellan Pools have an unwavering commitment to quality; and their stringent quality control and checks at each stage of the swimming pool construction process guarantee each one of their fibreglass pools are manufactured to the optimum strength and durability.

Their operations have grown globally, and they now have a presence in North America, New Zealand, Canada, Asia, Oman, Reunion Island, New Caledonia, and South Pacific.

This is an opportunity to acquire the Gold Coast North Territory Franchise plus the Gold Coast South
Territory Franchise.

The couple who owns this franchise were from an advertising background and in their first full year of operation sold and installed 40 Narellan fibre glass pools generating income after expenses for themselves of $213,796.

This territory will continue to prosper for a new owner due to strong demand from New South Wales and Victorian residents wanting to move to Southeast Queensland and we have seen very strong buying evidence of this.

Add to this the 2032 Olympic Games and the future looks extremely bright for housing growth and therefore it follows for the home pool builder market.

Fibreglass Pools have some amazing advantages over their concrete pool competitors including:
Better warranties
Pool performance (less minerals and cleaner water)
Quick to install (one week as opposed to several months)
Reputation
Safety features
Fixed price

The franchise system is one of the best for lead generation support and low fees with Narellan focusing on manufacturing and selling pools with the help of its franchisee's. This is a very good secure opportunity for the right people.

The price has been reduced to $50,000 for the northern Gold Coast area, however, successful applicants will need to show that they have an additional $100,000 available in an undrawn credit facility or in savings to support themselves until sales start occurring and income starts flowing. This will also help with the QBCC licence application approval.

Please note that the cash flow is positive once a sale is made. With all the money paid, before committing to paying sub-contractors and Narellan for each pool.

History
Over 50 years.

Sale Price
$50,000 (additional working capital and security for licence of $100,000 is required for successful applicants.

Peter Gwynne
Hallmark Business Sales
Peter Gwynne
Hallmark Business Sales

Business Highlights

Business ID2017396456
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Last updated  9 Nov 2021
Map for Bundall QLD 4217
Map for Bundall QLD 4217Bundall QLD 4217
Peter Gwynne
Hallmark Business Sales
Peter Gwynne
Hallmark Business Sales

Business Highlights

Business ID2017396456
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  9 Nov 2021
Hallmark Business Sales
Po Box 267 Miami QLD 4220
Peter Gwynne
Hallmark Business Sales
Peter Gwynne
Hallmark Business Sales
Peter Gwynne

Peter Gwynne

Hallmark Business Sales

Call Broker
0415887766
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