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Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

 

 


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Listing Information
 
Filtered Water System Company
Listing ID: SB593 Location: Northern California - Greater Bay Area
Broker: John Young (408) 436-1900 x 103
Brief: Exciting opportunity for either an owner operator or for a semi-absentee owner
ListingPrice: 208,000
Total Sales: $167,986
Seller's Discretionary Earnings: $86,125
Fixtures Furniture, & Equipment: $n/a
Real Estate: Available (additional)
Inventory: $7,500 (Included)
Financing / Terms: Negotiable
   
Business Information
Year Established: 1995
Number of Employees: 1 Full Time
Days and Hours of Operation: Mon - Fri: 8-5
Relocatable: No
Franchise Information: N/A
Facilities / Location: Month to Month Lease - $345
   
Lease Information
Lease Expiration Date: Negotiable (Seller owns real estate)
Option: Month to Month
Monthly Rent: $345 per month
   
Additional Information
Reason for Selling: Moving on to Other Ventures
Business Description:

      Exciting opportunity for either an owner operator or for a semi-absentee owner. This is an opportunity to acquire a green business in the pure water industry. Plastic bottles take huge resources to make and are filling up our waste disposal facilities. Cities are considering banning them. Water standards may not even be as strict as for tap water. The solution is Bottle-less Water Systems. This rental and service business has operated for over 15 years providing pure water cost effectively  to businesses in Northern California. Remote ownership has hindered the potential growth of this operation which is now being offered at an attractive price.

 

      As an owner operator, your Seller’s Discretionary Earnings were $153,599 for 2011; that’s income annually derived from rental, sales, installation and service contracts.  The more attractive option is for the owner to retain the current technician and execute a concerted marketing and advertising plan to grow the business throughout northern CA and beyond.  The Net Income for 2011 was $86,125 for this business structure.

 

      Customers are mid to larger companies with employees who demand purified water.  Changing to bottle-less water coolers will save them over 40% on a monthly basis and provide cleaner, purified water.  Existing service contracts run from 6 mo. to 3 years out and most customers maintain mo. to mo. after that.  Some clients have been with them since the beginning, using bottless-water coolers.  Clients have no direct contact with the corporate owner, only the technician who provides sales, filter service and general upkeep several times a year making the sale transition seamless .

 

      The growth potential for a new owner is indefinable and for the right buyer, an additional major urban territory is available.

 

   
Sunbelt of the Greater Bay Area
2001 Gateway Place, Suite 230E San Jose, CA 95110 Phone (408) 436-1900 Fax (408) 436-1996
6700 Koll Center Parkway, Suite 130 Pleasanton, CA 94566 Phone: (925) 600-0414 Fax: (925) 369-7270

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