71372- Growing Specialty Trade Pool Contractor

Financial & Assets Details

About the Business

Business Description

Located in West Central Florida, this specialty trade contractor specializes in the design and construction of custom, high-end, in-ground swimming pools and spas for residential customers. The company’s primary services include state-of-the-art poolscapes, including vanishing edge pools. Revenue breakdown: 75% design and build for builders and 15% design and build for individual residents. Also, 10% of revenue is derived from maintenance and monthly service accounts for over 300 pools, increased sales and profit margins are easily obtainable here. Inventory is ordered per project, leaving a low overhead. There are approximately $2.1M of contracted work to complete spanning over the next two years. From these orders there's an estimated $600k of profit in addition to the current annual earnings. The company operates from a leased 2,266-square foot facility featuring a showroom. With creative designers and skilled construction personnel, the company has a proven track record supported by written testimonials from its many satisfied customers. Over the past five years, revenues have been steadily increasing. In 2016, revenues were $3,275,626 with Discretionary Earnings of $178,591. This business exceeded valuation projections with over $4.7M in revenue and over $300k in earnings for 2017.

Seller Financing

Negotiable for the right buyer

Support & Training

Seller Transition: Flexible up to 12 mo.

Reason for Selling:

Approaching retirement