Listing ID: 80579
Top locations very seasoned accounts. originally purchased thru us. Excellent seller we have know for years. Account transfer guaranteed thru escrow. 77 residential pool service accounts $10,030.00 recurring monthly plus extra income from filter cleans and other maintenance items. Home base. Call the #1 Pool Route Broker for 46 years. Pool Route Brokers 1-800-772-6002
- Asking Price: $100,300
- Cash Flow: $12,500
- Gross Revenue: $150,000
- EBITDA: $10,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- 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
Owner will train buyer during a schedule 30 days, plus provide consulting for 90 days.
This Business Is Home Based
The business was founded in 2016, making the business 6 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell operating businesses. However, the real reason vs the one they say to you might be 2 absolutely different things. For instance, they may say "I have a lot of various obligations" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might simply be justifications to attempt to hide the reality of transforming demographics, increased competitors, current reduction in revenues, or an array of other factors. This is why it is really essential that you not rely completely on a vendor's word, but rather, make use of the vendor's answer together with your general due diligence. This will paint an extra sensible picture of the business's current situation.
Existing Debts and Future Obligations
If the current company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses take out loans with the purpose of covering items like stock, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that earnings margins are too tight. Many companies come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that need to be satisfied or might cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in new customers? Most times, companies have repeat consumers, which form the core of their everyday profits. Specific variables such as new competitors growing up around the location, road construction, as well as employee turnover can impact repeat customers and adversely influence future revenues. One important thing to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business often, the higher the opportunity to develop a returning customer base. A last thought is the basic location demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Just how might the local average home earnings impact future income prospects?