Listing ID: 74972
This turn-key pool service route in the East Valley is a great opportunity for a business owner who wants to get their feet wet in the pool industry without starting from scratch and diving headfirst. The route consists of 425 residential accounts with an endless amount of potential for growth as services and locations are added. Currently, pools are located in the East Valley with room for expansion into the West Valley. This is a great opportunity to be a part of a well established business in a booming industry. Give me a call today to learn more!
- Asking Price: $800,000
- Cash Flow: N/A
- Gross Revenue: $940,036
- EBITDA: $356,891
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2013
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
Owner will stay on to ensure a smooth transition as well as all full time employees and subcontractors
The owner is split between a few different companies and wants grow some new one
In the pool industry the more you learn and implement new technologies, the more competitive you will be among competition. The amount of services and locations you provide are endless.
Unlimited potential in growing industry year after year. Commercial pool safety regulations along with new energy efficient technologies creates more service expansion opportunities.
The company was established in 2013, making the business 9 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell companies. However, the true reason vs the one they say to you might be 2 totally different things. As an example, they may claim "I have a lot of various commitments" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may simply be justifications to try to hide the reality of altering demographics, increased competition, current decrease in earnings, or a variety of other factors. This is why it is very crucial that you not count entirely on a seller's word, however rather, use the vendor's solution along with your general due diligence. This will paint a much more reasonable image of the business's existing situation.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses finance loans with the purpose of covering things like supplies, payroll, accounts payable, etc. Keep in mind that in some cases this can imply that earnings margins are too tight. Lots of organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that need to be satisfied or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area draw in brand-new consumers? Most times, operating businesses have repeat consumers, which form the core of their daily revenues. Specific elements such as brand-new competition growing up around the area, road building, as well as employee turn over can influence repeat customers and also adversely affect future profits. One important point to think about is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business often, the better the opportunity to develop a returning consumer base. A final thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it situated on the outside border of town? Just how might the regional median house earnings influence future earnings prospects?