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Finance And Services:

Business For Sale. Water Cooler/purification Company

LISTING DETAILS
Firms For Sale ID:
28590
Vendor reference:
AL1511
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$950,000
Furniture, fixtures and fittings included.
Turnover / revenue:
$1,142,520
Net profit / cashflow:
$100,000 - $250,000
Years established:
7
Trading hours:
No set hours.
Number of employees:
2

OTHER DETAILS
Reason for selling:
Seller wants to devote his time and resources to his other business which is the importer of the water units.
Financing available:
This is not a Franchise. It is a Dealership for the State of Arizona.
Support and training:
30 days at no charge + 6 months phone consultation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Business to be relocated.
 
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BUSINESS DESCRIPTION
State of the Art Water Cooler/Purification units. Exclusive State of Arizona Dealership. The company offers established monthly residuals, with additional residual income scheduled to occur systematically each month for the next 60 months. This is a unique business opportunity that provides established monthly cash flow that will continue to grow as present agreements mature and with a base of business of more than 1300 water coolers, and 800 customers that can realize new sales opportunities for newly funded sales or in house rentals. It is expected that every water cooler installation will realize ten years of rental income without change of cooler. The residual rental income over the next 60 months is approximately $1,900,000. The company has realized a customer retention of more than 95%. With the solid install base and long term agreements with major hospitals, new sales should be able to generate more than 250- 350 units per year. This would realize about $612,000 of funded revenue or an additional monthly revenue stream of $15,750 per month. SELLER HAS BEEN BUILDING THE BUSINESS TO REALIZE FUTURE RESIDUAL INCOME WHICH WILL PASS ON TO A BUYER. Detailed Prospectus available. Contact Arnie Lakeyn, The Paragon Group, 480-776-5831,
alakeyn@yahoo.com.

Expansion Potential
The Seller states that there is a lot of potential by hiring one or more sales people. The business could also expand through current customers with multiple locations. There is no need to inventory the units as the U.S. Distributors is located in Arizona and warehouses units and filters. The Seller spends little time on the business as he is focusing on his company that imports the units and sets up and sells to Dealers nationwide.

Market / Competition / Non-Competition Agreements
Other water cooler companies with inferior products.