Listing ID: 80572
Top pool service route, owner retiring. Originally purchase thru us. Net $120,000 plus a year. Accounts have been on service from 8-12 years. Great opportunity to enter this essential pool service industry. All 68 accounts are billed $10,295 monthly recurring and are guaranteed thru escrow. No experience necessary owner will train. For complete details call the No. 1 Pool Route Broker for over 47 years. 1-949-249-1001 ext 116.
- Asking Price: $123,540
- Cash Flow: $12,525
- Gross Revenue: $150,540
- EBITDA: $120,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Owner will train and provide free consulting during the transition.
Retiring and relocating
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell businesses. Nonetheless, the real factor and the one they tell you might be 2 entirely different things. As an example, they may state "I have too many various responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these may just be justifications to attempt to conceal the reality of changing demographics, increased competitors, recent decrease in earnings, or a range of various other factors. This is why it is very crucial that you not count totally on a vendor's word, yet instead, make use of the vendor's response in conjunction with your general due diligence. This will paint a more reasonable image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses finance loans so as to cover items such as inventory, payroll, accounts payable, so on and so forth. Remember that in some cases this can suggest that earnings margins are too small. Many businesses fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that must be met or may result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location attract brand-new consumers? Most times, companies have repeat consumers, which create the core of their day-to-day revenues. Specific elements such as new competition sprouting up around the area, roadway construction, and also employee turnover can impact repeat customers and also adversely impact future incomes. One vital point to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business regularly, the better the possibility to build a returning consumer base. A last idea is the general location demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? How might the regional typical home earnings impact future income potential?