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Thriving Residential And Commercial Pool Contractor For Sale

US
Asking Price:
$2,500,000
Sales Revenue:
$5,190,000
Cash Flow:
$610,000

A lush tropical paradise with a wealthy population has not only created an optimal backdrop for a thriving pool contractor, but also a utopian lifestyle for its owner, where he has established a leisurely work-life balance.

Although the area is known for its laid-back approach to life and work, the business has achieved significant growth under this owner. Just eight years ago, the business was limited to a modest revenue of $300,000, and last year, annual revenue reached around $5.2 million.

Despite facing challenges over those 8 years, such as hurricanes and the pandemic, this company not only survived but flourished in both instances. Designated as essential workers during the pandemic, they capitalized on increased demand as people sought refuge from lockdown in their backyards. When challenged with hurricanes, the company was able to quickly pivot from building pools to repairing them, with increased profits.

With an average pool costing upwards of $120,000, their clientele base reflects the prosperity of the area they serve, and nearly 99% of all projects are paid in cash with no financing.

Beyond financial success, the owner has cultivated a true passion for serving in this industry. To him, every completed pool represents more than just a product; it symbolizes a tangible impact on someone's life, whether it's a family's private haven or a resort's luxurious amenity. With a legacy spanning three decades and a vision for sustainable growth, this company offers an exciting opportunity for a buyer who either wishes to maintain the business while enjoying a leisurely work-life balance or potentially capitalize on current demand to grow the business further.

The owner is choosing to exit at this time as he transitions to retirement in order to allow more time for rest, grandchildren, and fishing.

For more information, including full financials, a video Q&A with the owner, SWOT analysis, and more, please visit the GoExio website and locate the listing to sign an electronic NDA and unlock the private details.

Property Information

Real Estate:

Lease

Location:

Southeast U.S.

Premises Details:

The 790 sq. ft. primary facility itself is based within a high-traffic strip mall, yielding high visibility and opportunity for new clientele. The company also operates out of an offsite construction yard within a half-mile of the primary facility, which not only provides ample space for current operations but could also accommodate any future expansion efforts. Both facilities are leased and can be transferred to a new owner, depending on a new buyer’s vision and needs.

Business Operation

Reasons for selling:

Owner is pursuing a slower pace of life.

Employees:
11
Years established:
20

Other Information

Support & training:

The owner is committed to facilitating a smooth transition of ownership, and will offer his continued involvement as needed to assist with the transition.