Swimming Pool Hot Tub Business For Sale

Business description

Group of Companies serving 50% of Canary Islands. Long trading history with steady growth. Large retail/workshop/storage properties on long leases. Experienced and hard working staff. Many key sole distribution rights. Enormous potential for new owner to develope the business throughout the Islands. Pools and Spas are the growth industry in the Islands.

Property information

Real Estate:

Lease

Lease terms:

Long term agreements at competitive rates on three months notice by us.

Location:

Main premises on front line positions in commercial areas of two islands.

Other information

Expansion potential:

Enormous potential in the right hands. Very high concentration of private pools on Islands with growing number of residential and rental properties.

Competition / Market:

Two medium sized companies in one Island and small one man businesses on all Islands we serve. Market is mixed English/Spanish speaking.

Support & training:

Current major shareholder expected to provide support for up to six months. Minor shareholders expect to remain in post. All shareholders are active.

Reasons for selling:

Partly age of the prime shareholder plus requirement for Companies to be developed to the next stage. Ultimate projection is to be the main supplier throughout the Islands, either as a Canarian Company of part of a European group.

Trading hours:

9-6

Inventory / Stock value:

€250,000

Contact the seller