Business Overview

Custom pool construction business serving the Northeast side of Houston for over 20 years. General contractor building pools, spas and outdoor kitchens guiding clients from inspiration to realization. Integrity, quality, and experience contribute to a highly rated reputation. Each project is designed exclusively for the homeowner. Subcontractors are used throughout the process providing efficiency and economic benefits. Low overhead. Landscaping, lighting, and fire features are offered to add an additional flare.

Call David Quintanilla with Sunbelt Business Brokers at 832-640-9700 for complete details.

REF ID# N1949-DQ

Financial

  • Asking Price: $1,700,000
  • Cash Flow: $465,227
  • Gross Revenue: $2,856,110
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1999

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Stand-Alone, wood frame house converted into an office and showroom on 1/3 Acre owned by the Seller. Real Estate may be available for purchase with the business.

Is Support & Training Included:

The Seller will provide training to the Buyer after the sale of the business on a schedule to be agreed to by both parties. The seller will provide a non-compete agreement on reasonable terms.

Purpose For Selling:

Owners are ready to pursue other business interests

Additional Info

The business was started in 1999, making the business 23 years old.

The business has 1 FTE employees and resides in a building with estimated square footage of 1,500 sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell operating businesses. Nevertheless, the genuine factor vs the one they say to you might be 2 entirely different things. As an example, they might say "I have a lot of other commitments" or "I am retiring". For many sellers, these factors stand. However, for some, these might just be excuses to try to hide the reality of changing demographics, increased competition, current decrease in profits, or a variety of various other factors. This is why it is very crucial that you not count entirely on a vendor's word, yet instead, make use of the seller's solution along with your overall due diligence. This will paint a much more reasonable image of the business's current situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Numerous operating businesses borrow money with the purpose of covering things such as inventory, payroll, accounts payable, etc. Remember that sometimes this can indicate that revenue margins are too small. Many organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that must be satisfied or might result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in new consumers? Most times, companies have repeat consumers, which create the core of their day-to-day earnings. Specific aspects such as new competitors sprouting up around the location, road construction, and staff turn over can influence repeat clients and negatively influence future incomes. One important thing to consider is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Certainly, the more people that see the business often, the better the possibility to construct a returning client base. A last thought is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? How might the neighborhood median household income effect future earnings prospects?