Listing ID: 80575
Top pool service company owner retiring. Net $75,000 plus a year. Accounts have been on service from 6-12 years. Great opportunity to enter this essential pool service industry. All 55 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: $81,420
- Cash Flow: $7,535
- Gross Revenue: $91,000
- EBITDA: $75,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2009
- 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
Seller will train in all aspects of the operation for service, repair and billing
This Business Is Home Based
The business was started in 2009, making the business 13 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals resolve to sell companies. Nevertheless, the true reason vs the one they say to you might be 2 totally different things. As an example, they may state "I have too many various responsibilities" or "I am retiring". For many sellers, these factors are valid. However, for some, these may just be reasons to try to hide the reality of altering demographics, increased competition, recent decrease in profits, or an array of various other factors. This is why it is very essential that you not depend completely on a vendor's word, yet instead, utilize the seller's response together with your general due diligence. This will paint a much more reasonable image of the business's present situation.
Existing Debts and Future Obligations
If the current business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses borrow money with the purpose of covering things such as supplies, payroll, accounts payable, etc. Bear in mind that occasionally this can mean that revenue margins are too tight. Lots of organisations come 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 think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that should be fulfilled or might result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area draw in new consumers? Often times, businesses have repeat consumers, which form the core of their daily profits. Specific aspects such as new competition growing up around the location, road building, and also personnel turn over can impact repeat consumers as well as adversely impact future revenues. One essential thing to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the greater the opportunity to build a returning consumer base. A final thought is the general location demographics. Is the business located in a densely populated city, or is it situated on the outskirts of town? Just how might the regional typical family earnings impact future revenue prospects?