Active
Commercial and Residential Pool Construction, Renovation, Service, and Retail store
This 50-year success story is the market leader in the geographic area it serves and consists of four complementary business segments.
- The Commercial Pool Operations segment provides rescue-ready lifeguards and a sparkling clean pool.
- The construction and renovation segment is a design-build construction company with over 50 years of commercial swimming pool experience, specializing in all types of aquatic structures and water shapes. Renovations and repairs transform aging, leaking, and neglected water features into sparkling, attractive showcases.
- The service and maintenance segment provides custom maintenance programs for commercial and residential swimming pools, fountains, and water features.
- The retail segment offers pool supplies and chemicals to walk-up customers in a retail setting.
The business is the market leader in the area it serves, has a strong recurring revenue model, and has over $3M in signed contracts with renewal contracts coming in every week.
Revenue ~ $5M
SDE ~ $500,000
Real Property including warehouse and office space is available for sale
Listed By: Michael Mitchell
Background information
Reference:
42420530-MM
Year established:
4/21/1970
Reason selling:
Retirement
Finance
Sales:
$4,600,000
Profits:
$550,000
Profit type:
Discretionary Earnings
Operations
Employees:
26 FT, 400 PT
Equipment:
FF&E of $170,000 at book value
Inventory:
Inventory at seller's cost of $200,000 included in the sale
Premises
Facility:
The real property is for sale in addition to the business. 11,500 sq.ft. of office and warehouse space along with room to park vehicles. The real property may be leased for $3,000/month or purchased for $300,000.
Rent and lease terms:
The real estate is for sale or can be leased for $3,000 per month.
Location:
The business is located in the mid-Atlantic area. Prospective buyers will be given more details once an NDA is signed.
Opportunities
Growth:
There is room to take market share and geographic expansion is possible.
Market:
Mid-Atlantic region
Price and terms
Price:
$2,000,000
Training:
The owner will provide a generous transition and training period.