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Florida Turnkey Pool Resurfacing Remodel Business For Sale

SE Port St. Lucie, Florida, US
Asking Price:
$1,450,000
Sales Revenue:
$172,000
Cash Flow:
$605,000

SBA pre-qualified! Bring your sandals, sunglasses and swimsuit to Florida's amazing Treasure Coast and jump head first into this this highly successful, 5-star rated, turnkey money maker!! This 25-year-old business is cranking, making nearly $400k in 2021 owner earnings on about $1.8m in revenue, with a several month backlog of high-margin business booked and on the board! 2021 owner earnings would have been closer to $600k (and 2022 is projected to be at that level) except for temporary supply issues and a lot of short-term added expenses.

The majority of the revenue comes from residential and commercial pool resurfacing, with a meaningful amount of pool remodeling, repair, tile work and pool equipment repair/replacements as well. This is no little local-yocal business. The client footprint covers much of this part of Florida for standard residential work, and all of the US, the Caribbean islands and even South America for high-end/high-profit residential and large commercial jobs! A strong database of past clients all over Florida, the US and elsewhere (with many of those likely to be future clients as well) comes with the business.

This business won't last long. The Treasure Coast is one of the most idyllic and desirable places to live and own a business. AND this is one of the most sought-after types of business; being long-established, year-round in nature, strongly recession-resistant, with a lot of repeat and referral clients.

Much of the business is run out of the 5 vehicles (currently valued at over $80,000, included in sale) by the 9 trusted employees, with $36,000 in specialized contractor tools (included in sale) and employees who know how to use them. It could be relocated to any small warehouse or flexplace in the region, but the current space is ideal, landlord is easy to get along with, rent is low. Image is generic, not an actual job. All information is considered reliable and based on seller-provided details - not warranted or independently verified by broker. Price is subject to change without notice.

Property Information

Real Estate:

Lease

Lease Terms:

$500 per month currently. Landlord is very agreeable and reasonable on rent.

Leasehold Rent:

$6,000 per annum

Living Accommodation:

NA

Location:

Located in Florida's beautiful and idyllic Treasure Coast, this business can remain here or be relocated to any small warehouse/flex-space in the region. Clients are all across Florida and the US (for bigger high-profit jobs). Also some large jobs in the Caribbean islands and S. American from time to time.

Premises Details:

Sizable flex space with high overhead door in warehouse section and a roomy split office in the front. Convenient location and quick access to major roads. Business could be relocated to any small warehouse or flexplace in the region, but the current space is ideal, landlord is easy to get along with, rent is low. Square footage and rent details are approximate.

Size in square feet:
950
Planning Consent:

NA

Business Operation

Expansion Potential:

Seller has a number of great ideas that a new owner could use to grow the business with a little more staff and new-owner ambition. As it is they are too busy with existing business that keeps flying in the door to implement anything new.

Competition / Market:

Company doesn't care about competition. It has more business than it can handle. Most of the business comes from 25 years of doing amazing customer-first work and the resulting repeat business and referrals.

Reasons for selling:

Retirement, other interests

Trading hours:

Working hours 8 AM - 4:30 PM

Employees:
9
Years established:
25

Other Information

Support & training:

At least 30 days training and mentoring by owner at no charge. More may be negotiated, with up to a year of training and sales assistance possible. Seller will also qualify with his license for up to a year at TBD terms.

Furniture / Fixtures value:
$118,810
Inventory / Stock value:
$2,100
Relocatable:
This business can be relocated.