Business Overview

This is a 25 year success story of a construction company specializing in new & reconstruction, renovation of concrete pools. Selective new pool construction. Because the company concentrates on this niche, it has earned an outstanding reputation in its service geography. This specialization also provides a tremendous growth opportunity that can be discussed further at the right time. The ideal buyer is full-service pool construction &/or service company &/or a landscaping business.

The key ingredient is a buyer who wants to grow using this company as a growth vehicle

Financial

  • Asking Price: N/A
  • Cash Flow: $428,000
  • Gross Revenue: $2,372,000
  • EBITDA: $294,000
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1995

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:15
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Construction company office includes small showroom from which pool owners can select their pool facing. There are also 3 "out-buildings" "bays" used for storage. Property is fenced with room to park company trucks and other construction equipment

Is Support & Training Included:

The Seller will discuss Support and Training on a case by case basis, depending on the experience of the Buyer

Purpose For Selling:

The Seller has been in the pool business 35+ years, including the 25 years ownin

Pros and Cons:

There is competition in this market, like any market. But no one in this market is a niche construction company with 99% of the work done by the company employees, not sub-contractors. Even in the rare cases that a function within a total job is done by a sub-contractor, that work is supervised by a company employee. The strength of this company’s reputation is that all work comes from referrals. No marketing. No advertising

Opportunities and Growth:

The strength of this niche pool reconstruction, renovation company and its concentration in one geographic market, with a well-trained employee work force, represents a tremendous growth opportunity for the right buyer. The ideal buyer will want to grow capitalizing on this 25+ year reputation and an excellent, well trained work force.

Additional Info

The company was started in 1995, making the business 27 years old.

The business has 15 employees and is situated in a building with approx. square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons people choose to sell businesses. Nonetheless, the true factor and the one they say to you might be 2 entirely different things. As an example, they may say "I have too many various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be justifications to try to conceal the reality of transforming demographics, increased competition, current reduction in earnings, or an array of other reasons. This is why it is extremely important that you not rely entirely on a vendor's word, yet instead, make use of the seller's response along with your total due diligence. This will repaint a much more realistic image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans with the purpose of covering points like supplies, payroll, accounts payable, and so on. Keep in mind that sometimes this can suggest that revenue margins are too small. Lots of organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that need to be met or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location draw in new consumers? Most times, companies have repeat customers, which develop the core of their everyday revenues. Certain aspects such as brand-new competitors sprouting up around the area, roadway building, and personnel turn over can affect repeat customers as well as negatively influence future incomes. One vital thing to think about is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Clearly, the more people that see the business regularly, the better the chance to construct a returning consumer base. A final idea is the general area demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Exactly how might the neighborhood typical house income influence future revenue potential?