Sanibel, FL 33957,1039 Periwinkle Way
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$ 1,300,000
Est. payment | /mo

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$ 1,300,000
Est. payment | /mo
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Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 2250662

Annual Tax Amount $12,524

Tax Year 2023

Property Sub-Type Special Purpose

Property Description

TURNKEY BUSINESS for sale! This is your opportunity to purchase a longstanding, profitable, and highly respected pool service company with an established lawn and pool equipment retail store. Whether you're ready to relocate and embrace the island lifestyle or expand your existing pool company into one of Southwest Florida's most coveted markets, this is a business you won't want to miss. (Business Only Real Estate is Listed Separately)
Over 50 Years of Service and Still Going Strong. The company occupies a rare, large physical location on the island. The leased space includes a warehouse, parking lot, mechanic bays, office space, retail store, and a large office lounge. Few, if any, other large pool service companies can remain on the island due to the rarity of finding a location with both the size and features this leased space offers. Established, income-producing businesses on Sanibel rarely go up for sale! This business is turnkey and ready to start making you money from day one. The well-established pool service side of the business has been serving Sanibel, Captiva, and a handful of clients in Fort Myers for over five decades. With close to 400 loyal service accounts including both residential and select commercial clients—the company offers dependable weekly pool maintenance and high-margin repair services. Post-Hurricane Ian, repair demand has skyrocketed, creating significant ongoing revenue opportunities. Despite minimal advertising efforts in recent years, profitability remains strong 2024 SDE exceeded $740,000 with untapped potential for further growth. The retail component includes exclusive rights to a well-known lawn equipment brand. In addition, the shop offers pool supplies and equipment for homeowners who manage their own pools. Inventory at the time of sale valued at approximately $50,000+—is included in the purchase price. There are very few locations on the island for consumers to purchase pool and lawn equipment with limited competition in this space adds significant retail potential. This is a truly turnkey company, complete with many assets. These include ten company vehicles, office supplies, shop supplies which together add up to an estimated value of $200,000+-.
The current staff is very knowledgeable about operations and plans to stay on with the new ownership. The team includes two office admins, three managers/repair techs, and five service techs. The current ownership has run the company semi-absentee for the last several years, spending roughly 20 hours a week managing it. New ownership can continue this model and enjoy current profits (2024 SDE was over $740,000!) or choose to invest further in the business and grow it to new heights. NDA is required to access financials, including 2021–2024 tax returns, 2023–2025 YTD P&Ls and balance sheets, and an asset/inventory list. SALE IS FOR THE BUSINESS ONLY; REAL ESTATE IS LISTED SEPARATLEY -CONTACT AGENT

Location

State FL

County Lee County

Zoning Commercial

Exterior

Waterfront Description No

Building

Sewer See Remarks

Water Other Add Agt Note, See Remarks

Listed by Zach Markham • Pfeifer Realty Group LLC
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“My goal is to guide you through every step of the process, providing expert advice and personalized service to ensure your real estate journey is seamless and stress-free. With Pfeifer Realty Group, you’re not just getting an agent – you’re gaining a trusted partner.”

+1(239) 472-0004

info@pfeiferrealtygroup.com

1630 Periwinkle Way Unit I, Sanibel, Florida, 33957, USA

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1039 Periwinkle Way