Business Overview

By capitalizing on niche custom pool design and construction services, this provider has built an outstanding reputation in Central Texas for over 40 years. The team specializes in creating unique pools designed to fulfill the dreams of clients and has earned awards through the years for delivering on this promise.

Driven by a diverse economy and pro-business environment, the company has a strong current job schedule, contract backlog, and pipeline. Beyond just pools, services of the company include custom spas, water and fire features, cabanas / outdoor living areas, and hardscapes.

The new owner is primed for continued growth by purchasing a business with long-standing client relationships with leading regional and national contractors.

Financial

  • Asking Price: N/A
  • Cash Flow: $975,250
  • Gross Revenue: $7,191,611
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1982

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:9
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

24 weeks

Purpose For Selling:

Retirement and Growth

Additional Info

The company was started in 1982, making the business 40 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell operating businesses. However, the genuine factor and the one they tell you may be 2 entirely different things. For instance, they might say "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competition, current reduction in revenues, or a variety of other factors. This is why it is really important that you not rely totally on a vendor's word, but rather, utilize the seller's solution together with your total due diligence. This will paint an extra reasonable image of the business's present situation.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money with the purpose of covering points like stock, payroll, accounts payable, etc. Remember that occasionally this can imply that earnings margins are too thin. Numerous organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that must be met or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area draw in brand-new customers? Often times, companies have repeat consumers, which form the core of their day-to-day revenues. Specific factors such as brand-new competitors growing up around the area, road building and construction, and also employee turnover can influence repeat consumers and negatively impact future earnings. One important point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business on a regular basis, the greater the opportunity to build a returning customer base. A final idea is the basic area demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? How might the neighborhood average household earnings influence future income potential?