John Dick has taken Poolstore International off the market having decided not to sell the company, and will instead expand operations next year.
His decision to retire announced earlier in the year was prompted by a health scare. That scare has now passed and he is fit, healthy and keen to stay in the industry.
“I’m back in business and we’ve put an additional person in the office,” he says. “It’s a bit late in the season to expand any further this year – but we’re looking at re-opening in Sydney. That will probably happen around May next year, to give us time to settle in before the following season.”
He says he had five enquiries for the business from both local and overseas entities, but while everyone was keen on the company’s extensive tooling, they couldn’t agree on a price for the stock.
He has closed the Queensland warehouse in Bundall and will instead run Queensland through three distributors: International Pool Products, Pool Gear and Aquatic Elements.
Dick says Queensland sales have been very good – possibly due in part to Poolrite customers having trouble getting hold of equipment earlier in the year – while New South Wales sales have been over budget and Victoria is doing very well.