Listing ID: 77156
This Business installs pool safety fencing throughout Orange, Riverside, San Bernardino and San Diego Counties. They offer free estimates and professional installation, supported by a limited lifetime manufacturer’s warranty. They use the highest quality products and offer the most transparent mesh available. Safety is top priority when you combine a pool and children!!
SoCal is an outstanding market for pool installation, there are more pools per capita than anywhere else in the nation, and plenty of young children to boot! 60% of his work comes from client referrals; the remaining 40% come from monthly Google and Yelp ads. Their branding is outstanding: the owner receives multiple inquires every month left on the windshield of his fully wrapped van!! They were already thriving before COVID, but received a solid boost by the COVID remodeling trend.
The business is home-based and comes with everything you need to operate: tools, supplies, cargo van, and modern website. The owner operates as a sole proprietor, and installed over 300 jobs in 2020 with an average price of $1,400. Typically the owner can manage two installations per day in that fashion.
The owner has hit retirement age, so it’s time to pass on his thriving enterprise to an energetic Buyer. A successor can operate the business in multiple fashions: he can continue to operate as a sole proprietor, or hire staff and take it to the next level. This would be a perfect opportunity for a father-son team!
This is an opportunity to step into the swimming pool industry, a thriving sector with stable growth and opportunity each and every year….plus, you’ll be profitable from Day One! Owner training and support is included, as the seller would like to see his business continue on keeping babies safe and saving lives. This will not stay on the market long, so reach out to the Agent today!
- Asking Price: $149,000
- Cash Flow: $198,495
- Gross Revenue: $417,989
- EBITDA: N/A
- FF&E: N/A
- Inventory: $10,000
- Inventory Included: Yes
- Established: 2016
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Home Based. 1 Car Garage space recommended for materials storage. (Home Based)
This Business Is Home Based
The venture was started in 2016, making the business 6 years old.
The sale does include inventory valued at $10,000, which is included in the listing price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons people decide to sell companies. Nonetheless, the real factor vs the one they tell you may be 2 entirely different things. As an example, they might say "I have too many other obligations" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may simply be reasons to try to hide the reality of transforming demographics, increased competitors, recent decrease in earnings, or a variety of various other reasons. This is why it is very crucial that you not rely totally on a seller's word, however instead, utilize the vendor's response together with your total due diligence. This will paint an extra realistic image of the business's existing circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Many companies take out loans in order to cover points such as stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can imply that revenue margins are too thin. Lots of companies fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that should be met or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract brand-new consumers? Most times, businesses have repeat consumers, which form the core of their day-to-day profits. Specific variables such as brand-new competition growing up around the area, road construction, and staff turn over can influence repeat customers as well as negatively affect future profits. One essential point to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business often, the better the opportunity to build a returning customer base. A last thought is the general area demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? How might the local mean home income influence future income prospects?