A unique opportunity to acquire a well known, successful business, leading its sector in the Cayman Islands.
Pool patrol was established in 1986 and has since grown to a significant company serving thousands of happy customers in the Cayman Islands. Having run the business for 38 years, the owner has decided it is time to retire and in doing so pass on this turn key business opportunity to operate a segment leading company which includes owning the headquarters in which its based.
This acquisition includes not only all stock and inventory - including 5 Containers, 3 of which have been specially adapted into storage units - but also 275 North Sound Road; one of the most recognisable estates in industrial park. This detached property sits on 0.37 acres and contains a well maintained building consisting of 5,000 sq ft of retail, office and warehouse space from which Pool Patrol operates.
With a steady balance sheet, longstanding customers, and accounts which have recently been audited by an accounting firm for valuation purposes - this opportunity presents a great value acquisition for any company looking to expand their service line in a short period.
Valuation summary as follows:
Business Value: CI$1,900,000
275 North Sound Road: CI$1,400,000
Cash left in business: CI$200,000
For further information on trading and assets please get in touch.
IRG is the Cayman Island's leading integrated real estate and relocation services provider, as dedicated property professionals we offer our clients and customers a comprehensive range of high-quality, professional real estate services in the residential, commercial, relocation, leasing and property asset management markets.??IRG provides in-depth local expertise along with a truly global viewpoint and presence through its international affiliations with Knight Frank, Leading Real Estate Companies of the World and Luxury Portfolio.??We are a leader in the fields of luxury residential and beachfront property, raw land, commercial property and office space, development feasibility studies and market analysis.??More recently IRG has specialized in property acquisition and disposal strategies for distressed properties, including sealed bids and structured marketing plans for properties in receivership and liquidation. ??IRG also provides a full range of professional real estate marketing services with a proven reputation for delivering outstanding results.