The Company is a residential construction contractor that focuses on the design and construction of high-quality residential pools, spas, and related outdoor space improvements. The Company specializes in high-end fiberglass, gunite, and vinyl pool construction. The Company utilizes a team of experienced personnel and in-house construction crews that allow it to perform all project stages internally. The Company also offers pool maintenance services and is a preferred dealer for pool maintenance and protection equipment.
Key Aspects
• Revenue grew at a compound annual growth rate (CAGR) of 36.1% from 2020 through the trailing twelve months (TTM) ending August 31, 2023
• The Company delivers turnkey project solutions, starting from customer price quoting to product completion
• Experienced management and administrative personnel directing an average of 12 in-house installation and construction crews
• The Company uses top-of-the-line construction and hardscaping equipment, enabling the Company to produce virtually any finish requested by the customer
Opportunities
• Geographic expansion to serve neighboring states and municipalities
• Continue to capitalize on the Company’s home region that is experiencing rapid economic and residential growth with an increasing need of pool maintenance and related monthly reoccurring services
• Increase marketing efforts for the pool maintenance market segment, which has noticed considerable growth over the past year
Headquartered
• Southeast United States
Current Markets
• The Company provides new pool construction & maintenance for homeowners in the Southeastern United States
Real Estate
• The Company operates from a 5,875 sq. ft. facility and an 80,000 sq. ft. lot leased from an unrelated third party
• There is room to expand in the current facility
Shareholder Objectives
• The Company is fully owned by a single shareholder who is open to various deal structures and is willing to remain with the Company for a transitional period post-sale
