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Pinch A Penny Store Eye Popping Numbers For Sale

St. Cloud, Florida, US
Asking Price:
$1,425,000 (USD) Furniture / Fixtures included
Sales Revenue:
$3,475,705 (USD)
Cash Flow:
$448,356 (USD)

Flagship Franchise Setting New Standards!!

This store pumps out the revenue! Year after year the growth in sales has been astounding! Projected to do $4,000,000 this year and completing 60,000 transactions. Only 2 stores in the entire chain ring up more customers. Who says retail is dead! Their dedicated staff has been thoroughly trained. Whether their patrons are purchasing product off their beautiful showroom floor or needing professional advice on equipment needs, they have you covered. This is a well rounded operation that excels not only in retail but also in outside services. Their pool cleaning is approaching 800 accounts. A value of $800k by itself!

Property Information

Real Estate:

Lease

Lease Terms:

Building SF:2,600
Lease Expiration:12/31/2030

Leasehold Rent:

5,200 per Month per annum

Premises Details:

This location has tremendous visibility! Very attractive store that welcomes over 1000 customers weekly! Excellent lease, with gross rent at less than 2% of sales. An OWNERS DREAM! Absolutely nothing not to like.

Business Operation

Expansion Potential:

Continued growth at this location has been an automatic occurrence. From 2.7 million in 2017 to $4 million this year, growth and expansion is there for the taking. The #1 name in this industry (Pinch A Penny) will continue to grow, and so will this location.

Competition / Market:

With sales coming in at 4 million this year, it's "GOOD TO BE AT THE TOP!" Although all competition is taken seriously, this store has captured the local market like no other!

Reasons for selling:

Well deserved retirement is next for these owners.

Employees:
16
Years established:
1998

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

There is no substitute for being prepared. Pinch A Penny the franchisor does a better job of this throughout this industry than anyone! This virtue is passed on to all of their franchisees with the support and training they provide. Beginning with their 4 week training school and their continued attention to detail, Pinch A Penny has prepared their store owners to be the most prepared in the pool supply business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$475,000 / 5.5% / 10 Years

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Inventory / Stock value:
$92,668 (USD)
Related Documents:

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