300 6Th StMinneapolis, MN 55487

For Sale
$3,500,000

Thriving MN Pool & Spa Business for Sale

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional opportunity presents the chance to acquire a highly successful, award-winning pool and spa business in Minnesota. The business boasts a remarkable $9,310,817 in gross revenue and a strong Seller's Discretionary Earnings (SDE) of $1,012,573. Established for 19 years, this multi-location enterprise has built a stellar reputation for quality, integrity, and customer satisfaction, evidenced by numerous industry accolades. The sale includes $900,000 in inventory and $320,116 in furniture, fixtures, and equipment (FF&E). The asking price for the business is $3,500,000, with seller financing available at 10%. The business employs 27 people, including 5 managers, 16 full-time employees, and 6 part-time employees. The current owners, working approximately 40-50 hours per week each, are retiring, offering a non-compete agreement of 500 miles for 5 years. Four weeks of support and training will be provided to ensure a smooth transition. This is a turnkey operation with strong brand recognition and established relationships with multiple manufacturers, providing a premier pool and spa service with a large service fleet, certified technicians, and advanced water testing labs. Real estate is available for separate purchase at $4,580,000. This is an unparalleled opportunity to invest in a leading Minnesota pool and spa company with a proven track record of success.

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.9761109
Longitude
-93.2665118
300 6Th St, Minneapolis, Minnesota

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300 6Th St
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