Business Overview

After fifty years in the business this successful, fully licensed swimming pool building contractor says it’s time to focus on other aspects of his life and turn over this great Hawaii construction business to a younger person.

They are a one-stop shop for all aspects of their work, so customers just have one contractor to work with. They have developed an excellent reputation for high quality design and construction, on-time job completion and superior service and most of their new business comes from excellent customer and industry referrals.

Business is booming.
• As an “essential” business they did not close due to Covid and they continued to fully operate in 2020 and the Business generated sales of over $2,475,000, up 15.6% over 2019, which produced over $399,000 in seller’s profits (SDE).
• Sales continued to skyrocket and total 2021 sales were $5.5 million, a 115% increase over 2020.
• 2021 SDE of 939,000, up 135% over 2020.
• As of December 2021, their contacted uncompleted backlog was $5.0 million, five times higher than it was in early 2020 and new orders continue to roll in.
Their growth is based on a very strong residential and commercial construction demand. They believe their market share in their island market is about 75%. The owner has developed a highly effective and profitable business model which lets him take 4 to 6 weeks of vacation per year (pre-Covid).

Investment Highlights
• Long tenured and successful business with excellent sales and profit history
• A well-known, fully licensed, and highly regarded swimming building contractor with significant referral sourced new business.
• Limited competition in their market
• No customer concentration
• Low fixed cost structure
• Low capital investment needed
• Located in a Federally defined “Opportunity Zone” which may provide significant tax benefits for certain buyers
• Contracted Backlog is exploding
• Diamond Financial has pre-qualified this Business for a 10 year, $1,350,000 loan, $500,000 down payment, $14,994 monthly payment, 7(a) SBA loan for a qualified buyer.

The Business is being offered on a fully turnkey basis, with a large, contracted backlog, with training and a long term non-compete agreement offered by the seller. The seller is willing to stay on after the sale to help the buyer including being the Buyer’s RME for an interim basis and to help the buyer deal with the avalanche of new business.

To get a copy of our extensive Confidential Business Profile with tax return based financial data and very detailed business information, please contact Hawaii Business Sales.


  • Asking Price: $1,750,000
  • Cash Flow: $939,500
  • Gross Revenue: $5,326,000
  • FF&E: $200,000
  • Inventory: $12,000
  • Inventory Included: N/A
  • Established: 2007

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,290
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased Monthly Rent: $2,954 per month total ($35,449 per year; $1.56/sq. ft. month.) Sq. Ft.: Office: 630 sq. ft. Warehouse: 1,260 sq. ft. Fenced Yard: 1,400 sq. ft. Lease Expiration Date: May 2022 Other Location Info: Low cost and conveniently located.

Is Support & Training Included:

2 weeks

Purpose For Selling:


Pros and Cons:

They have an estimated 75% market share

Opportunities and Growth:

Addition of new services and growth to other Hawaii islands.

Additional Info

The business was founded in 2007, making the business 15 years old.
The sale won't include inventory valued at $12,000*, which ins't included in the asking price.

The business has 10 employees and resides in a building with estimated square footage of 3,290 sq ft.
The real estate is leased by the company for $2,954 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell operating businesses. Nevertheless, the real factor and the one they tell you might be 2 entirely different things. As an example, they might state "I have a lot of other responsibilities" or "I am retiring". For many sellers, these factors are valid. However, for some, these might just be justifications to attempt to hide the reality of changing demographics, increased competitors, recent decrease in revenues, or a range of other reasons. This is why it is really crucial that you not count completely on a vendor's word, however rather, use the vendor's response in conjunction with your total due diligence. This will repaint a much more realistic picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money in order to cover things like inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that profit margins are too small. Numerous organisations 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 commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with vendors that must be satisfied or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract brand-new customers? Many times, operating businesses have repeat clients, which create the core of their day-to-day earnings. Specific elements such as brand-new competition growing up around the area, road construction, and employee turnover can affect repeat clients and also adversely influence future revenues. One vital point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business regularly, the better the opportunity to construct a returning consumer base. A last thought is the basic area demographics. Is the business situated in a densely populated city, or is it located on the outskirts of town? Exactly how might the neighborhood average household income effect future earnings prospects?