Listing ID: 80573
Top pool service route, owner retiring. Originally purchase thru us. Net $50,000 plus a year. Accounts have been on service from 8-12 years. Can be serviced in 3 days with plenty of room to expand. Great opportunity to enter this essential pool service industry. All 33 accounts 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: $45,000
- Cash Flow: $4,833
- Gross Revenue: $59,000
- EBITDA: $50,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2014
- 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
No experience necessary, owner will provide training and consulting.
The company was founded in 2014, making the business 8 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals choose to sell businesses. Nevertheless, the true reason and the one they tell you might be 2 totally different things. For instance, they may state "I have a lot of various commitments" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may simply be justifications to attempt to hide the reality of changing demographics, increased competitors, recent decrease in incomes, or a variety of other reasons. This is why it is extremely important that you not count completely on a seller's word, however instead, utilize the seller's answer in conjunction with your general due diligence. This will repaint a more practical picture of the business's existing situation.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many businesses borrow money so as to cover items like supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can indicate that profit margins are too tight. Numerous businesses fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that must be fulfilled or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area bring in brand-new clients? Many times, companies have repeat clients, which form the core of their daily earnings. Certain factors such as new competitors sprouting up around the area, roadway building and construction, and personnel turnover can impact repeat consumers and negatively impact future revenues. One vital 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? Undoubtedly, the more individuals that see the business on a regular basis, the greater the opportunity to develop a returning consumer base. A last idea is the general location demographics. Is the business placed in a largely populated city, or is it located on the edge of town? Just how might the local average house earnings influence future revenue potential?