Listing ID: 80574
Top pool service company owner of 50 years retiring. $41,242.00 recurring monthly plus filter cleans, repair and other related maintenance. .394 accounts have been on service for an average of 25 years. 5 pool service technicians provide all services. Great opportunity to enter this essential pool service industry. All accounts are guaranteed thru escrow. No experience necessary owner will provide training free consulting. For complete details call the No. 1 Pool Route Broker for over 47 years. 1-949-249-1001 ext 116.
- Asking Price: $494,904
- Cash Flow: $60,600
- Gross Revenue: $700,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 1971
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
Seller of 50 years will provide all aspects of training for a seamless transition. Including training in chems, repairs, bookkeeping and other operational activities.
Retiring after 50 years.
This Business Is Home Based
The business was established in 1971, making the business 51 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell operating businesses. However, the true reason vs the one they tell you may be 2 completely different things. As an example, they might claim "I have way too many various obligations" or "I am retiring". For many sellers, these factors stand. But also, for some, these may simply be justifications to try to conceal the reality of altering demographics, increased competitors, current reduction in revenues, or a variety of various other factors. This is why it is really crucial that you not rely completely on a seller's word, however rather, utilize the vendor's response together with your general due diligence. This will repaint an extra practical image of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses borrow money in order to cover things such as stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that earnings margins are too small. Lots of organisations fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that must be met or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location bring in new clients? Often times, businesses have repeat customers, which develop the core of their day-to-day profits. Specific aspects such as brand-new competitors growing up around the location, roadway building, and personnel turnover can influence repeat consumers as well as negatively influence future incomes. One crucial thing to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Clearly, the more people that see the business regularly, the higher the opportunity to develop a returning consumer base. A last thought is the basic area demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? Exactly how might the local mean family income effect future earnings potential?