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Listed by:

Bateson Business Brokerage

Established Pool Building Company In Central Florida For Sale

Central Florida, Florida, US
Freehold Price:
$17,400,000 Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
$16,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$37,500,000
Cash Flow:
$7,600,000

The company has been actively building pools for nearly 20 years in the Central Florida market. Enjoys great builder relationships and a well-seasoned design and sales staff. The revenue mix is approximately split between new home construction and consumer sales, respectively. The business is well known for timely deliveries and satisfied customers.

The focus is on pool construction only, with in-house construction staff overseeing dedicated 1099 crews and subs. Notwithstanding Central Florida's dynamic growth, scalable opportunities include pool renovation, servicing, and territorial expansion.

An internal manager is currently being groomed to oversee the entire operation. Activities are supported by a seasoned and trusted staff that collaborates to deliver a timely and admired product. Current WIP is just under $10 million, with management of relationships and margins continuing to be a key focus. Outside of web support, the company does not do extensive marketing, as its large network of satisfied clients is its best source of advertising. Transitional requirements for owners are negotiable.

RE can be leased or purchased.

The release of CIM is subject to demonstrated financial capacity and industry-specific experience.

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

Negotiable

Leasehold Rent:

$90,000 per annum

Location:

Main offices that include Design Showroom are conveniently located to major highways servicing the Central Florida region.

Premises Details:

Business assets includes various office equipment and furnishings along with multiple updated vehicles/trucks used by sales and construction staff. An estimated $50,000 of inventory is included with sale. Offices supporting operational and design/sales staff are available for lease ($7,500/month) or purchase at $900,000.

Size in square feet:
5,400

Business Operation

Expansion Potential:

Long term growth prospects of Central Florida region are one of the best in the nation. The Company does no renovation work despite weekly calls from past clients and area homeowners. Territorial expansion is also an option for a buyer that has also been requested at times by active builder clients.

Competition / Market:

Company is one of the top pool builders in Central Florida. There are numerous one-off pool contractors currently operating in the region, however, few companies offer the capabilities and support staff that clients value.

Reasons for selling:

Retirement

Trading hours:

Office Hours:
Monday- Friday 8:30am- 4:30pm
Field Hours:
Monday- Friday 9:00am- 5:30pm
Hours are varied to accommodate commute times in traffic for field workers

Employees:
24
Years established:
18

Other Information

Support & training:

Owners will stay on for up to 90 days for transitional support, however, longer term transition is negotiable.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable

Furniture / Fixtures value:
$570,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price
Lease asking price:
$16,500,000 - Furniture / Fixtures and Inventory / Stock included