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$250K DOWN, $170K FF&E, $30K in A/R, Gross $813K, Largest Pool Re-surfacing & Maintinance Business.
Seller Financing Available
Asking Price:   $375,000Inventory:   $40,000 ++
Gross Revenue:   $813,000 (comments below)Real Estate:   n/a
Cash Flow:   $106,000 (comments below)FF&E:   $130,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Business is growing even in flat economy
Cash Flow Comments: Owner is ready to retire and not pushing the business.
***PRICE INCLUDES $30,000 IN A/R Accounts Receivable.*** Seller is passive. He started and has grown the business30 years ago, but over the last few years he has not worked it like he used to. In spite of this, the business is growing. He has never chased work; he just lets the customers find him. He has built great relationships with local HOAs (Home Owner Associations), Apartment / Property Management companies, national hotels and motels chains, athletic facilities, municipalities, and school districts, all of this with NO sales or marketing efforts whatsoever. They currently offer repair, replacement, and upgrade of plumbing and filter systems as well as resurface and repair of existing pools, spas, and hot tubs. In addition they provide seasonal opening, 24/7 cleaning and chemical balancing, as well as end-of-season winterization. UNIQUE GROWTH Opportunity: They get several calls a month to install NEW pools and water features, but since they don’t offer these services, they just refer these calls to others. Even though a few of his current employees have extensive experience in new pool design and installation, the owner has just chosen not to provide this service. What a natural growth opportunity: Design, installation, service, seasonal maintenance, chemical balance, cleaning and repair of pools. EXPAND INTO LANDSCAPING, SPRINKLER SYSTEMS WITH CURRENT POOL CUSTOMERS ***Call 303-382-1926, or email us at brian@companybroker.com for a Comprehensive 30 min. Video and 4 yrs. CPA financials for your review. COMPLETE AND FAX THE ATTACHED PROFILE and I'll immediately forward a complete package on the business.
About the Business
Year Established:1978
Employees:8 full time - 5 part time
Relocatable:Yes
Facilities:Approximately 9,400 square feet of office and warehouse / shop space. The 7,900 square foot shop is well configured for the business with segregated repair, storage, and warehouse space with racking configured for good material and workflow. The six offices were remodeled in 2007, and include over 1,500 of square feet of space, including dual restrooms. The facility is centrally located with good highway access and ample parking.
Market Outlook and Competition:After 30 years we are the largest and oldest player in the market, there are 3-4 competitors that have been around for 10-20 years, and we know and work well together to serve the market. With the high number of people moving to the area, there is plenty of room for all of us to make 40% gross margins.
About the Sale
Management Training and Support:The seller is fully committed to helping the buyer learn the business and succeed. He will provide 2-3 months of full-time, on-site support, and is open to staying on longer under the terms of a separate consulting / employment agreement.
Reason For Selling:Seller wants to semi-retire and has other things he'd like to do after 30 years of starting and growing the business.
Seller Financing:Seller is so confident of the future growth of the business thay he will carry up to $125,000 of the sale price.
Attached Files - Attachment Disclaimer
before - Pool before upgrade4 KView  |  Download
After4 KView  |  Download
Before - Pool 2 before resurface 8 KView  |  Download
After - Pool 2 after6 KView  |  Download
Profile & NDA - Complete, sign and fax for a complete package on the business.123 KDownload

KEYWORDS: pool, maintinance, service, construction, spa, landscape, repair,landscaping


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Business Listed By
Brian Conaway  |  VR Business Brokers
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